Nitro Games has raised 35.0 MSEK in a directed issue to Swedish and Finnish investors, with strong support from current shareholder Egmont Holding Oy, among others.
The proceeds will primarily be used for the further development of the Company’s game portfolio of shooter games and therefore the journey towards Nitro Games’ vision of becoming a household name in the category of shooter games on mobile.
Augment acted as financial advisor in the transaction.