BuddyPro Group AB receives SEK 8.8 million in conditional shareholder contributions
BuddyPro Group AB has announced that its board has accepted conditional shareholder contributions totaling SEK 8.8 million. The funds will strengthen the company's equity and liquidity without issuing new shares.
BuddyPro Group AB (publ) has secured conditional shareholder contributions amounting to SEK 8.8 million (approximately €780,000). The company's board of directors has resolved to accept these funds, which are intended to bolster BuddyPro Group's equity and liquidity.
The contributions originate from Chairman of the Board Jochen Thewes, Techcellerator Nordic AB (a company controlled by CEO Tahero Nori), and Director of Finance Mohammad Algammal. Importantly, these contributions will not result in the issuance of new shares, thereby avoiding dilution for existing shareholders.
BuddyPro Group operates in the technology sector. The company has not provided specific details regarding the intended use of these funds or the precise conditions attached to the contributions, beyond their conditional nature.