Alta Fox Capital invests in Flexion

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LONDON, 22th of June 2023 – Flexion Mobile Plc (Nasdaq: FLEXM), the games marketing company today welcomes Alta Fox Capital from Texas US as a new shareholder in Flexion. The firm’s flagship fund, the Alta Fox Opportunities Fund, was launched in 2018 by Connor Haley. The strategy seeks to invest in overlooked and under-the-radar opportunities and have deep experience from investments in the game industry and Nasdaq First North.

Conner Hailey, tweeted this message after completing the transaction "Alta Fox is excited to have recently bought a large block of stock at Flexion Mobile PLC $FLEXM. We believe $FLEXM is an underappreciated growth story in the market and our opportunistic purchase cleaned up 100% of shares from what we would categorize as a distressed seller".

"It is great to have such an experienced and long term investor onboard. We look forward to working with the team at Alta Fox Capital, says Jens Lauritzson CEO of Flexion Mobile PLC".

For more information

Niklas Koresaar CFO, Email: ir@flexionmobile.com. Tel: +44 207 351 5944

About Flexion Mobile Plc: 

Flexion Mobile Plc grows revenue and audiences for games. The company offers a unique distribution and influencer marketing service. Flexion works with a growing number of top grossing developers around the worldUsing its expertise, experience and technology Flexion builds revenue and audiences for developers by taking Android games and maximise their performance through alternative app stores, including the Amazon, Samsung, Huawei, Xiaomi and ONE Stores. In 2022, the company acquired the leading influencer marketing agency Audiencly GmbH. Flexion Mobile Plc is listed on Nasdaq First North Growth Market, Shortname: FLEXM. Certified Adviser is FNCA Sweden AB, +46(0)8-528 00 399, info@fnca.se

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