Starbreeze announces terms for its rights issue of approximately SEK 450 million
On April 28, 2023, Starbreeze AB (publ) (“Starbreeze” or the “Company”) announced that the Board of Directors had resolved on a rights issue of class A and class B shares of approximately SEK 450 million before transaction costs (the “Rights Issue”), subject to approval by an extraordinary general meeting to be held on May 24, 2023 (the "EGM"). The net proceeds from the Rights Issue are intended be used to accelerate investments in game development and third-party publishing to achieve further growth and a diversified games portfolio as well as to strengthen the Company's balance sheet