Starbreeze resolves on a fully guaranteed rights issue of SEK 250 million to enable full focus on continued development of PAYDAY 3 and strengthening financial position
The Board of Directors of Starbreeze AB (publ) (“Starbreeze” or the “Company”) has today resolved on a rights issue of class A and class B shares of approximately SEK 250 million before transaction costs (the “Rights Issue”). The proceeds from the Rights Issue will be used to strengthen the financial position and for operational purposes, enabling the Company to fully focus on continued development of PAYDAY 3, and support the Company to fulfil its obligations to its creditors in line with the reorganization plan and the judicial composition. The Rights Issue is supported by the Company’s