Bifogade filer
Prenumeration
Beskrivning
Land | Sverige |
---|---|
Lista | Nordic SME Sweden |
Sektor | Sällanköp |
Industri | Gaming |
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1 July, 2025, Stockholm, Sweden
Jumpgate AB (publ) (“Jumpgate” or the “Company”) today announces the outcome of the Rights Issue of up to 5,849,780 shares, which the Board of Directors resolved upon on 7 May 2025 and which was approved by the Annual General Meeting on 5 June 2025 (the “Rights Issue”), for which the subscription period ended on 27 June 2025. The outcome shows that a total of 1,037,741 shares, corresponding to approximately 17,7 percent of the Rights Issue, were subscribed for with subscription rights, and 1,707,313 shares, corresponding to approximately 29,2 percent of the Rights Issue, were subscribed for without subscription rights. Through the Rights Issue, Jumpgate will receive approximately 3.3 MSEK before issuance costs of approximately 0.5 MSEK, and after set-offs amounting to approximately 1.5 MSEK.
Harald Riegler, Chief Executive Officer of Jumpgate
Following the previously executed loan financing with free warrants which contributed ca 14 MSEK, we can now summarise the outcome of the Rights Issue, which has allowed all shareholders to participate in the financing of the Company. We are grateful for the support from the owners who have participated in the Rights Issue and also have the pleasure to welcome new owners to the Company. With the proceeds from the Rights Issue we are financially stronger as we enter the exciting second half of the year, with three significant game releases ahead of us with great potential.
Outcome of the Rights Issue
The final outcome of the Rights Issue, for which the subscription period ended on 27 June 2025, shows that a total of 1,037,741 shares were subscribed for with subscription rights, corresponding to approximately 17,7 percent of the Rights Issue. In addition, applications for subscription of 1,707,313 shares without subscription rights were received, corresponding to approximately 29,2 percent of the Rights Issue. Consequently, the outcome indicates that the Rights Issue, with and without subscription rights, is subscribed to approximately 46,9 percent.
Through the Rights Issue, Jumpgate will receive approximately 3.3 MSEK before issuance costs, after set-offs amounting to approximately 1.5 MSEK.
Notification of allocation
Allocation of shares subscribed for without subscription rights within the framework of the Rights Issue has been carried out in accordance with the allocation principles specified in the information brochure published by the Company on 12 June 2025 (the “Information Brochure”). Notification of allocation for shares subscribed for without subscription rights will shortly be sent to those who are allotted shares via a settlement note. Payment for subscribed and allocated shares must be made by cash payment in accordance with the instructions on the settlement note. Nominee-registered shareholders will receive notification of allocation in accordance with the procedures of their respective nominees.
Shares and share capital
Through the Rights Issue, the number of shares increases by 2,745,054 shares, from 11,699,560 shares to 14,444,614 shares, and the share capital increases by SEK 4,803,844,50, from SEK 20,474,230,00 to SEK 25,278,074,50. For existing shareholders who did not participate in the Rights Issue, this results in a dilution effect of approximately 19 percent of the votes and capital in the Company.
Trading of BTA
Trading of paid subscribed shares (“BTA”) is currently taking place on NGM Nordic SME under the ticker GATE BTA and is expected to cease around 16 July 2025. The BTAs will then be converted into shares. The shares will subsequently be admitted for trading on NGM Nordic SME as soon as possible after the new shares has been registrated with the Swedish Companies Registration Office (Bolagsverket), which is expected to take place on or around 16 July 2025.
Advisors
Nordicap Corporate Finance AB (www.nordicap.se) is acting as financial advisor and Moll Wendén Advokatbyrå AB is acting as legal advisor to Jumpgate AB in connection with the Rights Issue. Aqurat Fondkommission AB (www.aqurat.se) is acting as issuing agent.
For further information, please contact:
Harald Riegler, CEO
Jumpgate AB
E-post: ir@jumpgategames.se
About the company
Jumpgate AB is an independent group of game development companies founded in 2011, comprising four game studios: Nukklear (Hannover), Tivola Games (Hamburg), gameXcite (Hamburg) and Funatics (Düsseldorf). The group develops and publishes its own games as well as developing games and other digital products for external companies. The companies in the group have established collaborations with strong industry partners and exciting product portfolios with large potential. The group is engaged in the global market, distributing games on a worldwide basis and has a large international network. For more information: www.jumpgategames.se
Important information
The publication, release or distribution of this press release in certain jurisdictions may be restricted by law and persons in the jurisdictions in which this press release has been published or distributed should inform themselves about and observe any such legal restrictions. The recipient of this press release is responsible for using this press release and the information contained herein in accordance with the applicable rules in each jurisdiction. This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities issued by the Company in any jurisdiction in which such offer or solicitation would be unlawful.
This press release is not a prospectus within the meaning of Regulation (EU) 2017/1129 (the “Prospectus Regulation”) and has not been approved or reviewed by any regulatory authority in any jurisdiction. This press release also does not constitute a document in the form prescribed by Annex IX of the Prospectus Regulation. An information brochure will be prepared by the Company and published on the Company’s website.
Within the European Economic Area (“EEA”), no offer of shares, warrants or other securities (“Securities”) is made to the public in any country other than Sweden. In other member states of the European Union (“EU”), such an offer of Securities may only be made in accordance with the exemptions in the Prospectus Regulation (EU) 2017/1129. In other countries in the EEA that have implemented the Prospectus Regulation in national legislation, such an offer of Securities may only be made in accordance with the exemptions in the Prospectus Regulation and in accordance with any relevant implementing measure. In other countries in the EEA that have not implemented the Prospectus Regulation in national legislation, such an offer of Securities may only be made in accordance with the applicable exemption in the national legislation.
This press release does not constitute an offer or invitation to purchase or subscribe for securities in the United States. The securities referred to herein may not be sold in the United States absent registration or an applicable exemption from registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register any securities referred to herein in the United States or to make a public offering of such securities in the United States. The information in this press release may not be announced, published, copied, reproduced or distributed, directly or indirectly, in whole or in part, in or into the Australia, Hong Kong, Japan, Canada, New Zealand, Singapore, South Africa, United States, South Korea, Switzerland, Russia, Belarus or any other jurisdiction where such announcement, publication or distribution of this information would be unlawful or where such action is subject to legal restrictions or would require additional registration or other measures than those required by Swedish law. Actions in violation of this instruction may constitute a violation of applicable securities legislation.
Forward-looking statements
This press release contains forward-looking statements that reflect the Company's intentions, beliefs or expectations regarding the Company's future results of operations, financial condition, liquidity, performance, prospects, anticipated growth, strategies and opportunities and the markets in which the Company operates. Forward-looking statements are statements that are not historical facts and can be identified by the use of words such as “believes”, “expects”, “anticipates”, “intends”, “estimates”, “will”, “may”, “anticipates”, “should”, “could” and, in each case, the negatives thereof, or similar expressions. The forward-looking statements in this press release are based on various assumptions, many of which are based on additional assumptions. Although the Company believes that the assumptions reflected in these forward-looking statements are reasonable, there can be no assurance that they will materialise or that they are accurate. Because these statements are based on assumptions or estimates and are subject to risks and uncertainties, actual results or outcomes could differ materially from those in the forward-looking statements for a variety of reasons. Such risks, uncertainties, contingencies and other important factors could cause actual events to differ materially from the expectations expressed or implied in this press release by the forward-looking statements. The Company does not guarantee that the assumptions underlying the forward-looking statements contained in this press release are accurate and any reader of this press release should not place undue reliance on the forward-looking statements contained in this press release. The information, opinions and forward-looking statements expressed or implied herein are made only as of the date of this press release and are subject to change. Neither the Company nor anyone else undertake to review, update, confirm or to release publicly any revisions to any forward-looking statement to reflect events that occur or circumstances that arise in relation to the content of this press release, except as required by law or the rules of NGM Nordic SME.