Bulletin from Simris Group AB’s Extraordinary General Meeting
Simris Group AB (publ), reg. no. 556841–9187 (the "Company") held an extraordinary general meeting on 20 January 2025. Below follows a summary of the resolutions that were passed at the meeting.
Resolution on entering into loan agreements
The general meeting resolved to enter into loan agreements with Frank Puccio amounting to EUR 50,000, Royce CoLabs AB, a company controlled by Jonathan Royce, amounting to EUR 10,000, Magnus Högström amounting to EUR 30,000, Arminnovate Ltd, a company controlled by Dr Alexis Roberts-McIntosh, Amounting to EUR 20,000 and Christoffer Tell AB, a company controlled by Christoffer Tell amounting to EUR 30,000 for a total loan amount of EUR 140,000 and to instruct the board of directors to execute the loan agreements (“Loan Agreements”).
The Loan Agreements shall have a monthly interest rate of one (1) per cent and a maturity date of 31 December 2025. The lenders shall have a right to convert all outstanding loan and interest to B-shares at a subscription price of SEK 0.05 per B-share. If the Company conducts a capital raise before 31 December 2025 the subscription price shall be lowered to correspond with the subscription price in such capital raise.
The board of directors submitted the Loan Agreements to the general meeting for approval due to conflict of interests of its members according to the Swedish Companies Act.