Nitro Games

14
MSEK

Company: Nitro Games Plc

Transaction: Directed issue

Issue volume: 14.0 MSEK

Date: June 2018

Nitro Games is a free-to-play mobile game developer and publisher focusing in making games for the mid-core user segment. The company focuses on producing competitive multiplayer games with high production value and high revenue potential for smartphones and tablets. With Nitro Games’ powerful NG Platform and NG MVP-process, the company is able to do market validation during the development to ensure high product quality.

Nitro Games has developed games such as Heroes of Warland, Medals of War, Raids of Glory, East India Company, Commander: Conquest of the Americas and Pirates of Black Cove.

Nitro Games’ shares are listed on Nasdaq First North Sweden.

Augment Partners acted as financial advisor to the company in the directed issue carried out in June 2018.