Aino Health AB (publ) announced a private placement of 10,000,000 convertible securities at a price of SEK 1 per convertible security for gross proceeds of SEK 10,000,000 on April 21, 2022. The securities will be issued at par. The transaction will include participation from Norberg & Partner Sustainable Group AB Publ which has undertaken to make payment of at least SEK 1,250,000 per calendar month.

The securities are convertible into common shares at a fixed conversion price of SEK 3 per share from January 1, 2023 to December 31, 2024.