Enersize Oyj entered into an agreement on a bridge facility for a total of SEK 5 million from two existing shareholders. The bridge financing gives the Board the opportunity to actively evaluate various alternatives for the Company's long- term financing, and enables continued establishment and sale of the new business model. The Company has entered into bridge facility agreements of SEK 5 million with two shareholders in the Company; Staffansgården i Trää AB and Torsion Invest AB.

The loans run at a monthly interest rate of one percent and the loans fall due for payment on October 31, 2022. Enersize has the right to repay the loans plus interest in advance, in cash, or in the Company's shares. Respective lenders may request that the Company repay all or part of the loan together with interest by Company shares at the due date for payment.

Such conversion shall take place through a directed issue of shares at a subscription price per share which corresponds to a 30% discount in relation to the volume-weighted average price for the Company's share for a period of 10 days before the conversion. In addition, the lenders are given a preferential right to actas guarantors in all issues that the Company may announce during the term of the loan.