The Board of Directors of Irisity AB (publ) ("Irisity" or the "Company") has today decided to enter into a additional loan agreement of SEK 8 million (the "Loan") with the Company's largest shareholder, Stockhorn Capital AB ("Stockhorn"). This Loan comes in addition to the SEK 2 million loan announced September 24.
Together, the SEK 10 million in loans from Stockhorn are intended to bridge the Company to a planned share issue of approximately SEK 25 million with preferential rights for all shareholders (the "Rights Issue"). The Rights Issue is expected to be carried out during 2025, with final terms such as size, subscription price and timetable to be determined and communicated at a later stage. Stockhorn has also expressed its intention to guarantee the entire Rights Issue at no cost to the Company.
It has been agreed that the previously communicated SEK 2 million loan will be amended to the same conditions as the SEK 8 million Loan. Both loans will therefore be provided without interest for a period of two (2) months, after which the same conditions as the previous loans will apply. The Loan was accepted by the Board of Directors following arm's length negotiations. The combined loans are intended to address the Company's short-term liquidity needs, to support ongoing operations, and to secure flexibility while preparations for the Rights Issue are finalized.
This press release does not constitute, or form part of, an offer or solicitation to acquire or subscribe for any securities in Irisity in any jurisdiction. Further information regarding the Rights Issue, including detailed terms, will be announced once determined by the Company.
For further information, please contact:
Gustav Zaar CFO and interim CEO, Irisity AB, gustav.zaar@irisity.com
This is information that Irisity AB (publ) is obliged to make public according to the EU's market abuse regulation. The information was submitted for publication, through the above contact person, at 18:05 CET on September 29, 2025.
About Irisity
Irisity's AI Open Platform enhances any camera and video management system by integrating a choice of advanced AI and video metadata management featuring hybrid architecture, built-in anonymization, and flexible deployment (on-premises, cloud, or hybrid). Globally trusted in over 3000 locations, our platform delivers real-time, efficient, and precise data, augmenting human decisions to improve safety, operational efficiency and organizational intelligence.
The Irisity AB (publ) share is listed on Nasdaq First North Growth Market, with the ticker IRIS, the Company's Certified Adviser is DNB Carnegie Investment Bank AB.
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