Workflow
Digital pen
icon
Search documents
Anoto Group AB has raised USD 250,000 pursuant to a second tranche under existing convertible loan agreement
Globenewswire· 2025-06-20 20:00
Anoto Group AB (publ) (“Anoto” or the “Company”) today announces that a second tranche of USD 250,000 has been advanced under the existing convertible loan agreement. Under the terms of the agreement the lender will provide a secured loan of USD 250,000 with conversion rights. The loan will be repaid in twelve (12) equal monthly instalments beginning on October 28, 2025, with a final maturity date of October 28, 2026. The outstanding principal will accrue interest at a rate of 10.00% per annum. Interest is ...
Anoto publishes its annual report for 2024 and corrects for changes in the results as reported in the year-end report
Globenewswire· 2025-04-30 21:30
Stockholm, 30 April 2025 - Anoto Group AB (publ) (“Anoto”) today publishes its annual report for 2024 and corrects for changes in the results as reported in the year-end report published on 28 February 2025. The annual report is available on the Company’s website, www.anoto.com. Compared to previously communicated results in the year-end report for 2024, Anoto reports a change in the results in the annual report. The corrections result in an improvement of our total comprehensive income for the year of 299 ...
Anoto Group AB has entered into a Convertible Loan Agreement to raise USD 750,000.
Globenewswire· 2025-04-29 06:30
Group 1 - Anoto Group AB has entered into a convertible loan agreement with two major shareholders, securing a loan of USD 750,000 to support the launch and marketing of its new digital pen and software platform "INQ" [1][2] - The loan will be repaid in twelve equal monthly installments starting from October 22, 2025, with a final maturity date of October 22, 2026, and will accrue interest at a rate of 10.00% per annum [1][3] - Lenders have the right to convert the loan amount, including accrued interest, into ordinary shares at a fixed conversion price of SEK 0.15 per share, which is a 66.67% premium to quota value [2][3] Group 2 - The loan is secured by a first-ranking floating charge of SEK 20 million over Anoto AB's assets and a share pledge over its shares in KAIT Knowledge AI Holdings Pte. Ltd. [3] - Anoto Group AB is a publicly held Swedish technology company known for its digital pen and dot pattern technology, focusing on intelligent pens, paper, and software that connect handwritten input to the digital world [5] - The company's core business includes 'inq' and 'Livescribe' retail products, as well as enterprise workflow solutions, aimed at enhancing productivity and creativity for users globally [5]