The nanotechnology company Smoltek has entered into an agreement for a loan totaling SEK 6 million from a consortium consisting of seven lenders, including the chair of the board Oskar Säfström, the board member David Gramnaes, and CEO Magnus Andersson. This is stated in a press release.- The loan strengthens the company's liquidity and allows us to confidently manage the current capital requirement while we review the more long-term financing, says Magnus Andersson, CEO of Smoltek.The loan, which is intended to strengthen working capital and liquidity, matures on 31 January 2027, carries an arrangement fee of 5 percent and a monthly interest rate of 1.5 percent that is capitalized. Under certain conditions, the loan can be offset against shares in a new share issue, and if it is not repaid on time the lenders may request an issue at a subscription price corresponding to 85 percent of the volume-weighted average price before the maturity date. Smoltek has the right to repay the loan together with accrued interest at any time, in whole or in part and at no cost, ahead of maturity. The company states that it is simultaneously reviewing options for long-term financing.