Irisity’s Bold Move: Secures SEK 15M Loan and Announces Major Rights Issue!
Irisity, an AI monitoring business, is investing heavily to ensure its survival. To handle short-term cash flow issues, the firm recently secured a SEK 15 million credit facility from Stockhorn Capital AB, its largest shareholder. In order to ensure it has the funds to continue expanding, Irisity is also issuing a fully secured rights issue…