GomSpace A/S announced the drawdown of EUR 7 million (SEK 75 million) under the third tranche (Tranche C) of the EUR 18 million shareholder credit facility established with Peter Kendal Hargreaves, the company's main shareholder. The drawdown will be executed on March 30, 2026. The proceeds from the additional tranche will be used to support GomSpace's continued growth ambitions and enable the company to actively capture increasing market momentum.

With rising investments across the space sector from both private and governmental stakeholders, GomSpace is strengthening its commercial capabilities and scaling its go-to-market approach, including the launch of new business units targeting advanced missions and national and defense opportunities. The additional funding provides the flexibility to accelerate these initiatives while maintaining strong execution and responsiveness to customer demand. Tranche C follows the previous tranches of EUR 11 million.

In accordance with the terms of the facility, the use of Tranche C triggers the issuance of 495,235 warrants to the lender. Following the disbursement of Tranche C, a total of EUR 18 million under the EUR 18 million credit facility will have been utilized and a total of 3,301,566 warrants will be held by Hargreaves. Each warrant entitles to subscription for 1.43 new shares in the Company against payment of a subscription price corresponding to the quotient value of the Company's shares (currently SEK 0.07) at the relevant time of exercise.

The warrants are exercisable until and including December 31, 2039. All tranches (A, B and C) will have a maturity date of five (5) years, with no amortizations until maturity. The interest rate p.a. for Tranche C is seven (7)%, Tranche B is eight (8)% (ten (10)% for Tranche A).

For more information about the terms and conditions of the original credit facility, and material changes thereof under the refinanced credit facility, please refer to the press releases made public by the Company on November 25, 2022, February 9, 2023, and July 3, 2025, respectively.