Published: 6/24/2026 8:37:03 AM
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The environmental technology company Ecorub has entered into a loan agreement for SEK 3.6 million with the company’s largest shareholder, Svante Larsson, according to a press release.The loan is interest-free and is due for payment on 31 December 2026. The company has the right to settle the debt in whole or in part through set-off against newly issued shares, either in a directed issue or within the framework of a rights issue.According to the company, high development costs and delayed market introduction of products have meant that expected sales revenues have not materialized in 2026, which has contributed to continued negative results."The board has, based on the above, decided to strengthen the company’s financing and working capital through a loan from the company’s largest owner, Svante Larsson, who has for a long time contributed to financing both the company’s research, development and market expansion", writes Ecorub.
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