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White Pearl Technology Group Obtains SEK50 Million Loan Facility from Fenja Capital II

MT Newswires·12/15/2025 00:10:38
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12:10 AM EST, 12/15/2025 (MT Newswires) -- White Pearl Technology Group (WPTG-B.ST) secured a loan facility of 50 million kronor from Danish asset management firm Fenja Capital II. In a Dec. 12 release, the Swedish technology company said it had already drawn half of the facility. Depending on its needs, the borrower may draw the remaining 25 million kronor until Sept. 30, 2026. The loan will mature on May 31, 2027, and will be used primarily to finance the growth and acquisitions of the company. White Pearl issued 1 million warrants to Fenja Capital under the loan agreement and will issue another 522,091 warrants following its annual general meeting in June 2026. The warrants are exercisable at 26.47 kronor apiece.