Brighter AB (Publ) ("Brighter" or "the Company) announces today that its application to put the Company into corporate restructuring (Sw. företagsrekonstruktion) was approved by the Solna district court.

The Solna district court accepted Brighter's proposal to have lawyer Lars-Henrik Andersson at Cirio Advokatbyrå AB appointed as restructuring trustee/administrator (Sw. rekonstruktör). Lars-Henrik Andersson has great experience with formal and informal corporate restructuring and other related advisory work and has extensive experience in restructuring large-scale operations.

The Company's aim with the corporate restructuring is to give the Company time to negotiate a long-term financial solution and implement operational and organizational changes for profitable growth.

The meeting of creditors will be held on 15 November 2022 14:00 in the premises of Solna tiingsrätt (District Court).

For more information, please contact:
Investor Relations
IR@brighter.se

Certified Adviser
Brighter's Certified Adviser is Mangold Fondkommission AB,  www.mangold.se  

About Brighter
Brighter is a health-tech company from Sweden with a vision of a world where managing chronic diseases is no longer a struggle. We believe a data-centric approach is key to providing smarter care for chronic conditions. Our daily-care solutions are designed with a vision to facilitate the flow of real-life treatment data between chronic-disease patients, their loved ones and their care providers - aiming to improve quality of life, easing the burden on healthcare systems, and opening new opportunities for data-driven research. Brighter's quality management system is ISO13485 certified. In 2019 the Company won the Swecare Rising Stars Award. The Company's shares are listed on Nasdaq First North Growth Market/BRIG.

For more information, please visit our website at www.brighter.se.

This information is information that Brighter AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, on 2 November at 09:45 CEST.

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