Press Releases

October 18, 2021

Fuud conducts direct rights issue of SEK 40 million for accelerated expansion in the Nordic region

The Board of Directors of Nasdaq First North-listed Fuud AB (publ) (the “Company”) has decided on a directed new issue of shares of SEK 40 million at a price of 80 öre / share to approximately 30 selected investors. The purpose of the issue - and the reason for the deviation from the shareholders' preferential rights - is to secure capital in a time- and cost-effective manner in order to greatly expand market activities in the Nordic region. In...
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September 20, 2021

Fuud recruits experienced Marketing Director

Nasdaq First North-listed Fuud has recruited Louise Nobel as Marketing Director for Fuud. Louise has previously worked as Global Brand Manager for the NOCCO brand at Vitamin Well and held the role of Marketing Manager at Spotify. Louise will take over as Marketing Director at Fuud in November 2021.
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September 20, 2021

Conversion outcome of outstanding convertibles KV1 in Fuud AB

On 1 Sep 2021, the possibility was opened for the holders of Fuud's convertible KV1 to convert held convertibles at the conversion rate of SEK 0.70, according to the terms communicated by the company on 22 April 2021. Of the company's outstanding convertible loan of SEK 84,999,993, a total nominal amount of SEK 81,499,993 has been reported for conversion, which corresponds to approximately 96% of the outstanding convertible loan.
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August 20, 2021

Fuud secures central listing for iQ Fuel at S-gruppen and strengthens organisation in Finland

The fast-growing brand iQ Fuel, which was acquired by Fuud in the spring of 2021, will be centrally listed at the market-leading Finnish food chain S-gruppen, which has approximately 1,100 stores in the country. At the same time, Fuud is strengthening its organization in Finland by hiring Casimir Reincke as Country Manager, who will begin building up Fuud's Finnish organization. Three salespeople are recruited immediately to handle the introduc...
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