Risk Intelligence A/S secures funding package
Risk Intelligence A/S (“Risk Intelligence” or "Company") has secured a loan funding package to provide capital for increased commercial initiatives and for general liquidity.
During July and ending today 25 July, Risk Intelligence has secured a DKK 5.5M funding package in loans from private lenders of 3, 6, and 9 months duration, and at an interest rate of 12% PA. Some of the loans have an option to be renewed pending mutual agreement. The lenders are shareholders of Risk Intelligence A/S. This funding model was selected as other sources of funding were found to be more costly and with potential implications that were not in the best interest of the shareholders of Risk Intelligence.
The funding will enable Risk Intelligence to advance planned initiatives on the commercial side, which in time will lead to increased sales. The funding will also provide liquidity for ongoing operations. Traditionally, Risk Intelligence sees a lower revenue in Q2 and Q3 compared to Q4, mainly due to the calendar year license renewals, while costs are more or less on the same level every quarter.
With this new funding package, Risk Intelligence will be able to launch commercial initiatives earlier than originally planned, which will have an impact on revenue from end 2022.
This information is information that Risk Intelligence A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out below, on 25 July 2022.
For further information about Risk Intelligence, please contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu
Website and social media:
Website: investor.riskintelligence.eu
Twitter: twitter.com/riskstaff
LinkedIn: linkedin.com/company/risk-intelligence
Facebook: facebook.com/riskstaff
Risk Intelligence A/S was founded in 2001 by Hans Tino Hansen. The company has evolved to become a prominent company in security risk management by delivering threat and risk assessments worldwide. Risk Intelligence operates and assists customers and partners from headquarters located north of Copenhagen, the office in Singapore as well as through representatives in Europe, Asia and North America. The business model is designed with international scalability in mind and the company is globally regarded as an expert in its field. Risk Intelligence’s core product is the ‘Risk Intelligence System (MaRisk + PortRisk + LandRisk)’, a digital solution that allows clients to monitor global security risks and enables them to plan and implement missions in risk areas. Risk Intelligence is listed on the Spotlight Stock market [RISK].