Starbreeze acquires French virtual reality, augmented reality & toys-to-life technology company ePawn for 4 MEUR in Starbreeze shares and 1.5 MEUR in cash
STOCKHOLM, SWEDEN (June 30, 2016) Starbreeze AB, an independent creator publisher and distributor of high quality entertainment products, today announced its acquisition of the French toys to life, VR and augmented reality tech company ePawn for a total consideration of 4 MEUR (approximately 37.8 MSEK) in Starbreeze B-shares and 1.5 MEUR (approximately 14.2 MSEK) in cash.To complete the deal, the Board resolved to issue 1 901 656 B-shares under its mandate from the AGM, based on a market share price determined at SEK 19.90 and an exchange rate of 9.461. The issue represents 0.7% of the