INQ Group AB (publ) ("INQ" or the "Company"), listed on Nasdaq Stockholm (ticker: INQ), announces that it has entered into a fourth amended and restated convertible loan agreement, adding a new USD 0.8 million tranche to its existing convertible financing framework.
The new tranche has been subscribed by a combination of existing lenders and new investors. It is added on to, and forms part of, the Company's existing convertible financing under the amended and restated convertible loan agreement announced in March 2026, and is governed by the same terms and conditions, extending the Company's financing while preserving a single, consolidated structure.
The transaction reflects continued support from INQ's existing shareholders and lenders, together with capital from new investors, further expanding the Company's funding base. These additional funds enhance financial flexibility as the Company executes its product roadmap, strengthens enterprise relationships, and expands distribution across key markets.
Lenders under the new tranche are entitled to convert outstanding principal together with accrued and unpaid interest into newly issued ordinary shares in INQ at a conversion price of SEK 0.16 per share (compared to SEK 0.06 and SEK 0.12 for the previous tranches), subject to customary adjustments and applying a fixed SEK/USD exchange rate of 9.05. In addition, the new tranche will be mandatorily converted at the same conversion price upon the completion of a qualified equity financing of at least USD 3 million equivalent, at a subscription price of at least SEK 0.20.
In connection with the new tranche, participating lenders receive warrants for no further consideration, with a value equal to 20 per cent of the amount funded, entitling holders to subscribe for a total of up to 4,525,000 new ordinary shares in INQ at a subscription price of SEK 0.32 per share for a period of one year.
Conversion is subject to applicable corporate and shareholder approvals and will be carried out in accordance with the Swedish Companies Act. If necessary to enable issuance at the conversion price, the Company may propose a reduction of the quota value of the share.
All other terms and conditions of the new tranche are consistent with the existing tranches, and the Company retains the right to prepay the loan, in full or in part, at any time prior to maturity without penalty.
The new tranche is secured by the same customary security arrangements as the existing convertible loan, including a first-ranking floating charge over designated group assets and a pledge over shares in a group subsidiary, and remains subject to standard covenants consistent with market practice, including negative pledge and indebtedness restrictions.
"This tranche once again is an improvement in the terms of the equity component of this financing as evidenced from the increase in the conversion price from SEK 0.12 to SEK 0.16 signifying the progress INQ is making"
Jonathan Faiman (CEO)
For further information contact:
Jonathan Faiman, CEO of Anoto Group AB (publ)
For more information about INQ Group, please visit www.inq.ai or email ir@inq.ai
INQ Group AB (publ), Reg.No. 556532-3929, Flaggan 1165, 116 74 Stockholm
This information constitutes inside information as INQ Group AB (publ) is obliged to disclose under the EU Market Abuse Regulation 596/2014. The information was provided by the contact person above for publication on 31 August 2026 at 23:45 CEST.
About INQ Group
INQ Group AB (Nasdaq Stockholm: INQ) is a publicly held Swedish technology company and the original inventor of digital pen and dot pattern technology. Anoto develops intelligent pens, paper, and software that seamlessly bridge handwritten input and the digital world. Its core business lines include 'inq' and 'Livescribe' retail products as well as enterprise workflow solutions. Anoto's smartpens are used globally by students, professionals, and organizations to enhance productivity, creativity, and data capture. With a sharpened focus on innovation, strategic partnerships, and scalable growth, Anoto is advancing the next generation of intelligent writing solutions.
