Brief: Fragbite Group Signs LOI With Venture Builder Companies
Dec 13 (Reuters) - Fragbite Group AB (publ) FRAGBI.ST :
* SIGNED LOI WITH VENTURE BUILDER COMPANIES 4+ VENTURES AB
AND
SWISS PEAK VENTURES GMBH FOR EQUITY INVESTMENT
* INVESTMENT ENTAILS 24% EQUITY SHARE IN SUBSIDIARIES LUCKY
KAT
AND WAGMI RESPECTIVELY AT COMBINED TOTAL VALUATION OF 5 MEUR
Source text: ID:nMFN7ZpJDJ
Further company coverage: FRAGBI.ST
(Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com;))
Recent news on Fragbite AB (publ)
See all newsBrief: Funrock Signs Contract For Game Development
Brief: Fragbite Group Unit Funrock Signs Contract For Development Of Two New Games
Swedish gaming firm Fragbite's Q2 hit by project delays, user acquisition costs
Brief: Fragbite Group Reports Q2 Adjusted EBITDA Of SEK -1.6 Mln
Brief: Fragbite Invests SEK 250,000 For 24.5% Stake In Swedish AI Company