Beskrivning
Land | Sverige |
---|---|
Lista | First North Stockholm |
Sektor | Informationsteknik |
Industri | Programvara |
The board of directors of Adventure Box Technology AB (publ) ("the Company") has today, with the authorization from the extraordinary general meeting on December 30, 2024, resolved to issue and allot 274,159,809 shares in the Company. The shares are issued at an average subscription price of approximately SEK 0.0117 and are paid for by the subscriber JEQ Capital AB through offsetting of the claim on the Company.
The purpose of the new share issue and the reason for the deviation from the shareholders' preferential rights is for the Company to fulfill its contractual obligations and at the same time reduce its indebtedness. It is the Board's assessment that a new share issue with a deviation from the shareholders' preferential rights is in the Company's and all shareholders' interests and therefore also justifies the deviation from the main rule that new share issues shall be carried out with preferential rights for the shareholders. The Board of Directors' assessment is that the terms of the issue are market-based as they have been determined through an arm's length negotiation between the Company and the subscriber where the subscription price of SEK 0.0117 per share is the volume-weighted average price of the Company's share over ten trading days as of July 11, 2025.
After the issue, the total number of outstanding shares and votes in the Company will increase by 274,159,809, from 1,258,627,624 outstanding shares and votes to 1,532,787,433 outstanding shares and votes. The share capital will increase by SEK 27,415,980.9, from SEK 125,862,762.4 to SEK 153,278,743.3. The issue thus results in a dilution for existing shareholders of approximately 17.89 percent of the number of outstanding shares and votes in the Company.
FOR MORE INFORMATION, CONTACT:
Duncan McIntyre, CEO
Adventure Box Technology AB (publ)
+1 (778) 996-3596
duncan@adventurebox.com
This information is information that Adventure Box Technology AB (publ) is required to disclose under the EU Market Abuse Regulation (MAR). The information was submitted, through the agency of the above-mentioned contact persons, for publication on 15/7/2025 at 19:00 CET.
About Adventure Box Technology AB (publ)
Adventure Box is a pioneer in next-generation digital solutions and drives transformative growth through an acquisition-driven strategy. The company recently acquired Lion Gaming, which expands its technological capabilities and service offering. To further strengthen its market position, Adventure Box has entered into strategic letters of intent to acquire Blok Sports, Sparx Technologies, Zefr Media and RWB, with the aim of integrating advanced platforms, leveraging industry expertise and opening up new revenue streams.
Adventure Box is listed on Nasdaq First North Growth Market under the ticker ADVBOX and ISIN code SE0012955276.