Nordisk Film Games invests SEK 45 million into Nitro Games and becomes the largest shareholder
Nitro Games’ Board of Directors has resolved, subject to approval on the Annual General Meeting, on a SEK 45 million funding from Nordisk Film GamesThe board of directors of Nitro Games Oyj (publ) (“Nitro Games” or the “Company”) has resolved, subject to approval by shareholders at the Annual General Meeting (the “AGM”), on a funding package consisting of a directed new issue of 3,333,333 shares at a subscription price of SEK 7.5 per share, which is expected to raise proceeds of SEK 25.0 million to the Company before issue costs, and a convertible loan agreement, which is expected to raise
· Store Closures: E-Commerce Replaces Brick-and-Mortar Shops · High-quality product information is vital for retailers: Online shops and manufacturers ofbrand-name products need to provide their customers with relevant product information sothat they can make well-informed purchase decisions.Now that most retailers have been forced to close their doors due to the coronavirus pandemic, commerce is going digital faster than ever. But studies show that 58% of online shoppers abandon their purchases due to lack of product information (iAdvize, 2019). It is difficult to translate in-person