News

Press Release: Swedish Automobile Received Commitment From North Street Capital On Funding

Trollhättan, Sweden: Swedish Automobile N.V. (Swan) announces it has received a commitment from North Street Capital, LP (North Street) on the funding of Swan and Saab Automobile AB (Saab Automobile). The offer consists of the following transactions: Subscription to 2,386,635 ordinary shares in the capital of Swan at a price of USD 4.19 per share for the purpose of funding […]

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Events

Saab staff driving Saabs

Many of our staff get to drive new Saab vehicles as part of their daily routine. A lot of them are testing vehicle components, or they might have a car assigned to their area for use. There’s a quite a lot, a majority in fact, who don’t. And seeing many of them have some down time at the moment, we

Saab staff driving Saabs Read Post »

News

No NDRC decision today

Some internal news from Saab: Many have highlighted October 14 as a possible date when the NDRC would take its decision regarding Saab’s planned business agreements with Pang Da and Youngman. For third parties it is not possible to know exactly when authorities like the NDRC will take their decisions. The reason for October 14 spreading the way it has,

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News

Saab Automobile Update

Trollhättan, Sweden: Management of Swedish Automobile N.V. (Swan) and Saab Automobile AB (Saab Automobile) confirm that the reorganization is progressing and that a first payment by Youngman under the bridge loan funding commitment as announced on September 12 was received by Saab Automobile. Further payments under the amended and final bridge loan agreements signed between Youngman and Saab Automobile are

Saab Automobile Update Read Post »

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