Irras: Short-term financing ahead of a longer-term solution - Redeye

Redeye notes that the SEK 30m short-term financing should carry operations until the latter part of August, by when we expect the company to have announced a more long-term financing solution through equity issuance. Moreover, we emphasize the continuous support from its long-term majority shareholder and Chairman of the Board, Marios Fotiadis, with whom the loan agreement has been signed (through Bacara Holdings).

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