Mobile operator My Beat has entered into several agreements with suppliers and financing partners to create a long-term sustainable financial structure adapted to the company’s operations and growth phase.The company states that agreements have been reached with around ten counterparties regarding short-term trade payables totaling SEK 9.76 million. Of this, approximately SEK 6.7 million is eliminated through debt write-downs, conversion to shares and coverage via existing deposits. An additional SEK 0.7 million is to be repaid over 36 months, meaning that a total of SEK 7.4 million is reduced from the debt amount.The remaining SEK 2.36 million is to be handled through the financing agreement with Loft Capital and converted into shares in connection with payment.The portion of the debts that is converted into shares amounts to approximately SEK 3.1 million. A first conversion of SEK 0.7 million was carried out earlier in May at a price of SEK 0.84 per share. The remaining approximately SEK 2.4 million relates to debt to Advisum, which is owned by CEO Olav Kalve. The proposal is to be considered by the general meeting and is planned to be implemented in several parts during the year.The board assesses that the measures strengthen the company’s financial platform and improve the balance between financing and operational activities.