Artificial Solutions International AB (publ) announced that a binding amendment and restatement agreement in relation to the renegotiated credit agreement with the lender Capital Four-Private Debt IV Fund DMS QIAIF PLATFORM ICAV ("Capital Four") has been signed. On December 23, 2022, the Company announced that the board of directors of Artificial Solutions resolved on a partially guaranteed rights issue of approximately SEK 145 million conditional on the approval of the extraordinary general meeting to be held on January 30, 2023 and that the Company and Capital Four had agreed on certain amendments to the credit agreement regarding the Company's debt to Capital Four. The agreement with Capital Four was conditional on that a binding amendment and restatement agreement regarding the renegotiated credit agreement was entered into prior to the extraordinary general meeting to be held on January 30, 2023, as well as the completion of the rights issue.

The Company and Capital Four have signed a binding amendment and restatement agreement regarding the renegotiated credit agreement. According to the new terms for the credit agreement, all accrued interest, corresponding to approximately SEK 28 million, will be written off and the yearly interest rate onwards is adjusted down to 4.00 percent. These amendments to the credit agreement will result in a debt reduction at the maturity of the credit agreement corresponding to approximately SEK 145 million in total.

It is a condition for the renegotiated credit agreement to become effective that, amongst others, the rights issue is carried out.