The bank financing consists of a bank loan amounting to SEK 20 million. The new bank financing runs for five years and strengthens the M.O.B.A. Networks’ maneuverability regarding continued investments and continued growth. M.O.B.A. Network already has approximately SEK 6 million in remaining loans from the same bank.
“We are pleased to have entered into this agreement and it contributes to M.O.B.A. Network’s long-term growth strategy and the intention of the financing agreement is to be able to materialize opportunities that lie ahead,” says Björn Mannerqvist, CEO.
This disclosure contains information that M.O.B.A Network AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 09-04-2021 17:00 CET.