Company: Zordix AB (publ)

Transaction: Directed issue

Issue volume: 92.0 MSEK

Date: February 2021

Zordix is a multinational game developer and publisher headquartered in Umeå, whose business concept is to develop and release games for consoles and PCs on the global market. Acquisitions of other companies, long-term investments in its own IPs and investments within the framwork of its own publishing operations are the main ingredients in Zordix’s growth strategy.

Zordix has entered into an agreement to acquire 100 per cent of the shares in the French gaming publisher and game distributor Just For Games. The Board of Directors of Zordix decided on a directed issue of SEK 92 million to finance the cash part of the purchase price.

Augment acted as financial advisor to the company in the directed issue.