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Regulatory press release

Irisity AB (publ) secures SEK 2 million loan from Stockhorn Capital AB

Irisity
Download the release

The Board of Directors of Irisity AB (publ) ("Irisity" or the "Company") has today decided to enter into a loan agreement of SEK 2 million (the "Loan") with the Company's largest shareholder, Stockhorn Capital AB ("Stockhorn").

The Loan has been agreed on corresponding terms to those of Irisity's previously communicated loans with Stockhorn and was accepted by the Board of Directors following arm's length negotiations. The Loan is intended to address a short-term liquidity need and to support the Company's ongoing operations while broader financing alternatives continue to be explored.

The Loan carries an annual interest rate at STIBOR 3M plus 4 per centage per annum and incurs no other costs for the Company.

For further information, please contact:

Gustav Zaar CFO and interim CEO, Irisity AB, gustav.zaar@irisity.com

About Irisity
Irisity's AI Open Platform enhances any camera and video management system by integrating a choice of advanced AI and video metadata management featuring hybrid architecture, built-in anonymization, and flexible deployment (on-premises, cloud, or hybrid). Globally trusted in over 3000 locations, our platform delivers real-time, efficient, and precise data, augmenting human decisions to improve safety, operational efficiency and organizational intelligence.

The Irisity AB (publ) share is listed on Nasdaq First North Growth Market, with the ticker IRIS, the Company's Certified Adviser is DNB Carnegie Investment Bank AB.

Sweden| USA | Israel | Singapore | UAE | Colombia | Brazil | Argentina | Australia | United Kingdom | Mexico | Hungary    

https://irisity.com

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