Technology company RMD, Railway Metrics and Dynamics, has entered into agreements to raise an additional SEK 4 million in interest-free loans from several existing shareholders, related parties, and a limited number of pre-selected external investors. The news was announced in a press release.
The loans are subject to the same terms as the previous SEK 6.5 million loans that the company disclosed in a press release on June 13.
Lenders will be compensated with 4 million free-of-charge warrants, valid until the summer of 2028.
The board, as previously communicated, intends to continue exploring various financing solutions to secure the company's long-term capital needs.
