INQ G oup AB (publ) (“INQ” o the “Compa y”), listed o Nasdaq Stockholm (ticke : INQ), a ou ces that it has aised SEK 7,000,000 of additio al capital u de its existi g secu ed co ve tible loa facility f om a US-based i vestme t ma age .
The ew fi a ci g is bei g completed o the same p i cipal te ms as the Compa y’s most ece tly a ou ced t a che of the facility, i cludi g a co ve sio p ice of SEK 0.16 pe sha e.
The additio al capital follows the co ve sio of substa tially all of the Compa y’s ea lie co ve tible debt u de T a ches 1 th ough 5. Followi g those co ve sio s, app oximately USD 1.55 millio of co ve tible p i cipal emai ed outsta di g. The SEK 7,000,000 fi a ci g a ou ced today will be added to that outsta di g bala ce.
The fi a ci g fu the st e gthe s INQ’s wo ki g capital positio as the Compa y co ti ues the comme cialisatio a d expa sio of its co sume , e te p ise a d educatio busi esses.
The ew t a che has bee subsc ibed fo by a sophisticated US-based i vestme t ma age a d fo ms pa t of the Compa y’s existi g Ame ded a d Restated Secu ed Co ve tible Ag eeme t.
U de the te ms of the ew t a che, the i vesto is e titled to co ve t outsta di g p i cipal togethe with acc ued a d u paid i te est i to ewly issued o di a y sha es i INQ at a co ve sio p ice of SEK 0.16 pe sha e, subject to customa y adjustme ts.
The ew t a che will also be ma dato ily co ve ted at the same co ve sio p ice upo completio of a qualified equity fi a ci g of at least USD 3 millio equivale t at a subsc iptio p ice of at least SEK 0.22 pe sha e.
I co ectio with the ew t a che, the i vesto will eceive wa a ts fo o fu the co side atio with a value equal to 20 pe ce t of the amou t fu ded. The wa a ts will e title the holde to subsc ibe fo ew o di a y sha es i INQ at a subsc iptio p ice of SEK 0.32 pe sha e fo a pe iod of two yea s. The fi al umbe of wa a ts a d u de lyi g sha es will be dete mi ed i acco da ce with the te ms of the fi a ci g.
All othe mate ial te ms a d co ditio s of the ew t a che a e co siste t with the Compa y’s existi g co ve tible fi a ci g. The Compa y etai s the ight to p epay the loa , i full o i pa t, at a y time p io to matu ity without pe alty.
The ew t a che be efits f om the same secu ity a a geme ts as the existi g co ve tible loa a d emai s subject to the cove a ts co tai ed i the existi g fi a ci g ag eeme t.
Jo atha Faima , Chief Executive Office of INQ G oup AB, comme ted:
“We a e pleased to welcome a sophisticated US-based i vestme t ma age as a ew i vesto i INQ. This SEK 7 millio i vestme t has bee made o the same imp oved te ms as ou most ece t fi a ci g, i cludi g a co ve sio p ice of SEK 0.16 pe sha e.
“Followi g the substa tial co ve sio of ou ea lie co ve tible debt, the Compa y has a sig ifica tly clea e capital st uctu e. The fu ds aised will be used as wo ki g capital to suppo t the executio of ou existi g e te p ise co t acts a d the co ti ued ollout of ou comme cial activities.
“We a e also looki g fo wa d to a ou ci g fu the e te p ise t a sactio s du i g Q4 as we co ti ue to co ve t ou comme cial pipeli e i to co t acted busi ess.”
Co ve sio a d the issue of wa a ts a d u de lyi g sha es a e subject to applicable co po ate app ovals a d will be ca ied out i acco da ce with the Swedish Compa ies Act a d the autho isatio s g a ted by the Compa y’s sha eholde s.
Fo fu the i fo matio , please co tact:
IR@i q.aiINQ G oup AB (publ)
Fo mo e i fo matio about INQ G oup, please visit www.i q.ai o email i @i q.ai.
INQ G oup AB (publ), Reg. No. 556532-3929Flagga 1165116 74 Stockholm
This i fo matio co stitutes i side i fo matio that INQ G oup AB (publ) is obliged to disclose pu sua t to the EU Ma ket Abuse Regulatio (EU) No 596/2014. The i fo matio was submitted fo publicatio , th ough the age cy of the co tact pe so set out above, o 3 Novembe 2026 at 08:00 CET.
About INQ G oup
INQ G oup AB (publ) (Nasdaq Stockholm: INQ) is a Swedish tech ology compa y developi g i tellige t digital w iti g solutio s that co ect atu al ha dw iti g with mode digital wo kflows. The INQ platfo m combi es co ected w iti g ha dwa e, softwa e a d AI-e abled capabilities ac oss co sume , e te p ise a d educatio ma kets.
