Anoto Group AB announced that it has secured a loan of SEK 20 million from Swedish investors. The loan is an unsecured debt financing with an interest of 1% per month on the principle plus an arrangement fee of 3%. The term is nine months. The investors have the right to convert the loan into shares after five months at market price (no discount). The proceed will be used to build pens in order to meet the increased pen demand for delivery to customers in third quarter and fourth quarter. At this point Anoto has depleted all inventory. In addition, global shortage of semiconductors created longer lead time on components and Anoto will be procuring components in advance in order to start building pen inventory.