Crunchfish Secures SEK 10 Million Credit Facility From Corespring Invest, Granitor Growth Management

Bitget2026/11/05 14:31

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Crunchfish secured a SEK 10 million credit facility from major shareholders Corespring Invest (SEK 7.5 million) and Granitor Growth Management (SEK 2.5 million).
Available until March 31, 2027, with minimum drawdowns of SEK 500,000, the facility carries a 5% commitment fee of SEK 500,000.
Drawn amounts carry 10% annual interest; outstanding principal and accrued interest mature no later than three years after signing.
Share conversion is permitted six months after first drawdown; company-initiated conversion is priced at 70% of the preceding 10-day volume-weighted average price.
Lender-initiated conversion is priced at 130% of the 10-day volume-weighted average share price preceding the relevant drawdown.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crunchfish AB published the original content used to generate this news brief via Cision (Ref. ID: 20261105:BIT:5426:0) on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Crunchfish Secures SEK 10 Million Credit Facility From Corespring Invest, Granitor Growth Management

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