Qben Infra issues senior secured convertible loan facility up to SEK 71.8 million

• Qben Infra board resolved to issue senior secured convertible loans of up to SEK 71.8 million under a new facility agreement.
• Two tranches planned: up to SEK 59.7 million in Tranche I, up to SEK 12.1 million in Tranche II.
• Facility provides up to about SEK 34.6 million cash funding, including SEK 20 million paid in advance.
• Structure also enables set-off of existing claims of up to about SEK 25.2 million, subject to the agreed discount.
• Convertibles carry a fixed 10% annual interest rate, 24-month maturity from each issue date.
• Lenders can convert from issue date at SEK 7.79 per share, including accrued and capitalized interest.
• Full conversion could issue up to 11,176,560 new shares, implying maximum dilution of about 12.3%.
• Tranche II requires extraordinary shareholder approval by Nov. 20, 2026 due to Swedish Companies Act related-party rules.

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. Qben Infra AB published the original content used to generate this news brief on September 09, 2026, and is solely responsible for the information contained therein.