Ekobot

Company Ekobot
Listings First North Sweden
Ticker EKOBOT
Market cap at time of publication 10,6 MSEK
Stock price at time of publication 0,696 SEK
Business Agtech farming robotics
Website https://www.ekobot.se/

ESGFIRE comment:

Ekobot today (12/2 2024) announces that they have received the anticipated contribution of 1,7 million SEK from the Swedish Board of Agriculture. Ekobot's autonomous agricultural robot project has been financed through the Swedish Board of Agriculture. The project has now been completed , hence the disbursement of the contribution. The contribution is highly welcomed for the strained liquidity situation of the company and somewhat eases the ongoing financing situation.  All project costs have already been incurred, so the disbursement provides a direct strengthening of the company's cash position. 

The project support was initially approved by the Swedish Board of Agriculture in November 2017  for a total contribution of 9.2 million SEK.

The full press release can be found here:

https://www.ekobot.se/mfn_news/contribution-from-the-swedish-board-of-agriculture-has-been-disbursedhttps://mfn.se/a/ekobot/major-shareholder-increases-stake-in-ekobot

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