Nitro Games completes, based on the authorisation of an Extraordinary General Meeting, a directed issue of SEK 15.0 million
The Board of Directors of Nitro Games Oyj (“Nitro Games” or the “Company”) has resolved, based on the authorisation received by the shareholders at the Extraordinary General Meeting (the “EGM”) on 20 November 2019, on a directed new issue of 1 376 569 shares at a subscription price of SEK 10.9 per share (the “Directed Share Issue”), which is expected to raise proceeds to the Company of SEK 15.0 million before issue costs. The proceeds will primarily be used for the further development of the Company’s game Heroes of Warland (”HoW”). Other information related to the Directed Share Issue