Mendus draws SEK 16.5 million from Fenja Capital loan facility, extends maturity to April 2027

• Mendus will draw SEK 16.5 million under Tranche 2 of its SEK 50 million loan facility with Fenja Capital II.
• Any remaining undrawn commitment will be cancelled, ending further availability under the facility.
• Maturity extended to April 30, 2027 from January 31, 2027, lifting expected cash runway into Q2 2027.
• Interest remains 8% plus STIBOR 3M, with a 2% floor on STIBOR 3M.
• Amendment arrangement fee set at 2% of outstanding amounts, totaling SEK 930,000.

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