Brief: Adventure Box Carries Out SEK 13.1 Mln Rights Issue

Adventure Box Technology AB (publ)

21/06/2024 07:54

June 21 (Reuters) - ADVENTURE BOX TECHNOLOGY AB
 ADVBOX.ST :
    * SAID ON THURSDAY IT DECIDED TO CARRY OUT A RIGHTS ISSUE OF
A
MAXIMUM OF 43,747,308 SHARES
    * THROUGH THE RIGHTS ISSUE, COMPANY WILL RECEIVE
APPROXIMATELY SEK
13.1 MILLION BEFORE ISSUE COSTS
    * PROCEEDS FROM THE RIGHTS ISSUE ARE PRIMARILY INTENDED TO
BE USED
TO ENSURE LONG-TERM OPERATION OF COMPANY'S BUSINESS AND
COMPANY'S DEVELOPMENT
    * RIGHTS ISSUE ENABLES THE COMPANY TO SECURE FINANCING FOR
THE
ACQUISITION OF LION GAMING GROUP INC
    * SUBSCRIPTION PRICE PER SHARE IS SEK 0.30
    * SUBSCRIPTION PERIOD IN THE RIGHTS ISSUE IS EXPECTED TO RUN
FROM
2 JULY 2024 TO 16 JULY 2024

        
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