Risk Intelligence A/S secures funding package

25 July 2022 | Company announcement No 10-2022

Risk Intelligence A/S has secured a loan funding package to provide capital for increased commercial initiatives and for general liquidity.

During July and ending today 25 July, Risk Intelligence has secured a DKK 5.5M funding package in loans from private lenders of 3, 6, and 9 months duration, and at an interest rate of 12% PA. Some of the loans have an option to be renewed pending mutual agreement. The lenders are shareholders of Risk Intelligence A/S. This funding model was selected as other sources of funding were found to be more costly and with potential implications that were not in the best interest of the shareholders of Risk Intelligence.

The funding will enable Risk Intelligence to advance planned initiatives on the commercial side, which in time will lead to increased sales. The funding will also provide liquidity for ongoing operations. Traditionally, Risk Intelligence sees a lower revenue in Q2 and Q3 compared to Q4, mainly due to the calendar year license renewals, while costs are more or less on the same level every quarter.

With this new funding package, Risk Intelligence will be able to launch commercial initiatives earlier than originally planned, which will have an impact on revenue from end 2022.

This information is information that Risk Intelligence A/S is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out below, on 25 July 2022.

For further information about Risk Intelligence, please contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu

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