Beskrivning
| Land | Sverige |
|---|---|
| Lista | First North Stockholm |
| Sektor | Informationsteknik |
| Industri | Programvara |
Adventure Box Technology AB (ADVBOX.ST) ("Adventure Box" or the "Company"), today announces that its newly acquired subsidiary, Lion Gaming Group Inc., has secured a Line of Credit Facility ("LOC") to support working capital and accelerate growth initiatives. The LOC, which extends for one year, provides access to up to US$1 million, with an interest rate of 10% per annum, subject to certain terms and conditions, for the combined entities.
Fueling Expansion and Innovation
"As we continue to evaluate strategic financing options to complete our announced acquisitions, this line of credit strengthens our ability to continue with and further our existing operations and our growth strategy," said Duncan McIntyre, CEO of Adventure Box. "This funding will provide the flexibility needed to support ongoing operations and fuel the expansion of our B2C gaming brands while we finalize these transformative deals."
The LOC underscores Adventure Box's commitment to scaling its business and delivering on its vision for innovation in the gaming sector.
This information is such that Adventure Box Technology AB (publ) is obliged to make it public pursuant to the EU Market Abuse Regulation ( MAR ). March 4th, 2025, at 13:45 CET.
About Adventure Box Technology AB (publ)
Adventure Box is pioneering next-generation digital solutions and driving transformative growth through an acquisition-driven strategy. The company recently acquired Lion Gaming, expanding its technological capabilities and service offerings. Further strengthening its market position, Adventure Box has entered into strategic letters of intent to acquire Blok Sports, Sparx Technologies, Zefr Media, and RWB, aiming to integrate advanced platforms, leverage industry expertise, and unlock new revenue streams.
Adventure Box Technology offers KoGaMa, an online game creation platform with user-friendly tools for building and sharing unique games. Its innovative multiplayer editor and vibrant marketplace enable collaboration and customization in a dynamic social metaverse.
Adventure Box is traded on Nasdaq First North Growth Market under the ticker ADVBOX and ISIN code SE0012955276. Berg Securities is the Company's Certified Adviser and can be reached via e-mail ca@bergssecurities.se and telephone +46 739 49 62 50