SOZAP launches IPO

17 May 2021

SOZAP is a digital entertainment company with competence and ambition at its core. SOZAP has a strong corporate culture and organisational model built on independent teams where each member is passionate about their role. Through this collaboration of creative minds, SOZAP is developing into a global powerhouse of digital entertainment.

SOZAP’s first game, the mobile shooter ARMED HEIST, has been downloaded more than 20 million times since its launch in 2019. In addition to ARMED HEIST, the company’s two new development teams have three more games in different development phases, two of which are planned to be launched in 2021.

SOZAP is carrying out an IPO on Nasdaq First North Growth Market, and the funds of SEK 26.1 million will primarily be used to expand the user acquisition activities for ARMED HEIST, key hires and for the commercial launch of upcoming game titles.

Augment acts as the company’s financial adviser in the IPO.

Read the full press release here (in Swedish).