The Board of Directors of Nitro Games Oyj (“Nitro Games” or the “Company”) has today, on 9 August 2023, resolved on a directed issue of 408,470 shares to underwriters who have entered into underwriting commitments in the rights issue of shares which was decided on by the Board of Directors on 5 July 2023 (the “Rights issue”) and which have chosen to receive their underwriting remuneration in the form of new shares in Nitro Games (the “Directed issue”). The subscription price in the Directed issue of SEK 4.13 per share corresponds to the volume-weighted average price for the Company’s share on First North during the subscription period in Sweden. Payment is made by offsetting the underwriters’ claim.
For more information:
Jussi Tähtinen, CEO & Co-Founder
Phone: +358 44 388 1071
Nitro Games in brief:
Nitro Games is a mobile game developer and publisher. Nitro Games team is a multinational group of mobile gaming professionals that has the expertise from development to publishing to live-operations. The Company focuses on producing high quality mobile games mostly for the mid-core audience. Nitro Games is specialized in the category of shooter games. With Nitro Games’ powerful NG Platform and the NG MVP process, the Company is able to carry out market validation with its games during development. Nitro Games has developed several games such as Autogun Heroes, NERF: Superblast, Lootland, Heroes of Warland, Medals of War, Raids of Glory. The company offers its services also to selected customers and has developed several successful projects to leading mobile gaming companies.
- Aug 01
- Jun 13