Dignitana secures SEK 10 million line of credit from largest shareholder

Dignitana AB announces that the Company has secured a line of credit in the amount of SEK 10 million from the Company’s largest shareholder, Agartha AB.

Agartha AB (formerly  Adma Förvaltnings AB) currently holds 26 percent of Dignitana shares and has provided the line of credit at market conditions. Under the terms of the agreement Dignitana will have unrestricted access to the funds to support the strategic growth of the company.

“Agartha has been a valued partner to Dignitana for many years now and they share in our vision to offer this life changing scalp cooling therapy to as many patients as possible,” said Dignitana CEO Catarina Mård Löwenadler. “With increasing awareness and progress on reimbursement in our key U.S. market it is an exciting time for scalp cooling,  and this financing allows us to accelerate key initiatives to grow the business.”