Prenumeration
Beskrivning
Land | Sverige |
---|---|
Lista | Nordic SME Sweden |
Sektor | Sällanköp |
Industri | Gaming |
THIS PRESS RELEASE MAY NOT BE RELEASED, PUBLISHED OR DISTRIBUTED, DIRECTLY OR INDIRECTLY IN OR INTO AUSTRALIA, HONG KONG, JAPAN, CANADA, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, UNITED STATES, SOUTH KOREA, SWITZERLAND, RUSSIA, BELARUS OR IN ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLISHING OR DISTRIBUTION OF THIS PRESS RELEASE WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR OTHER MEASURES IN ADDITION TO THOSE REQUIRED BY SWEDISH LAW. SEE ALSO THE SECTION “IMPORTANT INFORMATION” AT THE END OF THIS PRESS RELEASE.
13 June, 2025, Stockholm, Sweden
Today, 13 June 2025, is the first day of the subscription period in Jumpgate AB’s (”Jumpgate” or the “Company”), rights issue of shares resolved by the Board of Directors on 7 May 2025 and approved by the Extraordinary General Meeting on 5 June 2025 (the "Rights Issue"). The subscription period runs from today, 13 June 2025, up to and including 27 June 2025. However, please note that nominees may have a final response date for subscription in the Rights Issue that occurs before 27 June 2025.
Terms and conditions för the Rights Issue
- The Rights Issue entails an issue of a maximum of 5,849,780 new shares at a subscription price of 1,75 SEK per share. Shareholders receive one (1) subscription rights for each share held on the record date and two (2) subscription rights entitles the holder to subscribe for one (1) newly issued share in the Rights Issue.
- The subscription period for the Rights Issue runs from today, 13 June 2025, up to and including 27 June 2025.
- Trading in subscription rights will take place on NGM Nordic SME from and including 13 June 2025 up to and including 24 June 2025.
- Trading in paid subscription shares (“BTA”) will take place on NGM Nordic SME from 13 June 2025 until the Rights Issue has been registered with the Swedish Companies Registration Office, which is expected to take place on or about 16 July 2025.
- Shareholders who choose not to participate in the Rights Issue will have their ownership in the Company diluted by approximately 33,3 percent, based on the number of shares in the Company after the Rights Issue.
- Upon full subscription in the Rights Issue, Jumpgate will receive, approximately SEK 10,2 million before transaction costs of approximately 0,5 MSEK. The Company intends to use the proceeds from the share issue to repay existing interest-bearing loans and to secure working capital in order to enable the Company’s three game launches during the second half of 2025.
Preliminary timetable for the Rights Issue
13 June – 24 June 2025 | Trading with subscription rights on NGM Nordic SME |
13 June – 27 June 2025 | Subscription period |
13 June 2025 – 16 July 2025 | Trading in paid subscription shares (“BTA”) will take place on NGM Nordic SME from 13 June 2025 until the Rights Issue has been registered with the Swedish Companies Registration Office, which is expected to take place on or about 16 July 2025. |
30 June 2025 | Estimated date for announcement of the outcome of the Rights Issue |
Advisors
Nordicap Corporate Finance AB (www.nordicap.se) is acting as financial advisor and Moll Wendén Advokatbyrå AB is acting as legal advisor to Jumpgate AB in connection with the Rights Issue. Aqurat Fondkommission AB (www.aqurat.se) is acting as issuing agent.
For further information, please contact:
Harald Riegler, CEO
Jumpgate AB
E-post: ir@jumpgategames.se
About the company
Jumpgate AB is an independent group of game development companies founded in 2011, comprising four game studios: Nukklear (Hannover), Tivola Games (Hamburg), gameXcite (Hamburg) and Funatics (Düsseldorf). The group develops and publishes its own games as well as developing games and other digital products for external companies. The companies in the group have established collaborations with strong industry partners and exciting product portfolios with large potential. The group is engaged in the global market, distributing games on a worldwide basis and has a large international network. For more information: www.jumpgategames.se
Important information
The publication, release or distribution of this press release in certain jurisdictions may be restricted by law and persons in the jurisdictions in which this press release has been published or distributed should inform themselves about and observe any such legal restrictions. The recipient of this press release is responsible for using this press release and the information contained herein in accordance with the applicable rules in each jurisdiction. This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities issued by the Company in any jurisdiction in which such offer or solicitation would be unlawful.
This press release is not a prospectus within the meaning of Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and has not been approved or reviewed by any regulatory authority in any jurisdiction. This press release also does not constitute a document in the form prescribed by Annex IX of the Prospectus Regulation. An information brochure will be prepared by the Company and published on the Company’s website.
Within the European Economic Area (“EEA”), no offer of shares, warrants or other securities (“Securities”) is made to the public in any country other than Sweden. In other member states of the European Union (“EU”), such an offer of Securities may only be made in accordance with the exemptions in the Prospectus Regulation (EU) 2017/1129. In other countries in the EEA that have implemented the Prospectus Regulation in national legislation, such an offer of Securities may only be made in accordance with the exemptions in the Prospectus Regulation and in accordance with any relevant implementing measure. In other countries in the EEA that have not implemented the Prospectus Regulation in national legislation, such an offer of Securities may only be made in accordance with the applicable exemption in the national legislation.
This press release does not constitute an offer or invitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an applicable exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of such securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, in or into the Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, United States, South Korea, Switzerland, Russia, Belarus or any other jurisdiction where such announcement, publication or distribution of this information would be unlawful or where such action is subject to legal restrictions or would require additional registration or other measures than those required by Swedish law. Actions in violation of this instruction may constitute a violation of applicable securities legislation.
Forward-looking statements
This press release contains forward-looking statements that reflect the Company's intentions, beliefs or expectations regarding the Company's future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are statements that are not historical facts and can be identified by the use of words such as “believes”, “expects”, “anticipates”, “intends”, “estimates”, “will”, “may”, “anticipates”, “should”, “could” and, in each case, the negatives thereof, or similar expressions. The forward-looking statements in this press release are based on various assumptions, many of which are based on additional assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there can be no assurance that they will materialise or that they are accurate. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, actual results or outcomes could differ materially from those in the forward-looking statements for a variety of reasons. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this press release by the forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements contained in this press release are accurate and any reader of this press release should not place undue reliance on the forward-looking statements contained in this press release. The information, opinions and forward-looking statements expressed or implied herein are made only as of the date of this press release and are subject to change. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statement to reflect events that occur or circumstances that arise in relation to the content of this press release, except as required by law or the rules of NGM Nordic SME.