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5th Planet Games A/S — Capital/Financing Update 2021
Sep 7, 2021
8162_rns_2021-09-07_87b3eaef-1f87-4135-98d2-ae9740d954ba.html
Capital/Financing Update
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16-2021 Closing of Investment Agreement with Skybound Entertainment
16-2021 Closing of Investment Agreement with Skybound Entertainment
COPENHAGEN, September 7, 2021: Reference is made to previous announcement by 5th Planet Games A/S (the "Company") on August 10, 2021 and the Extraordinary General Meeting held today (September 7, 2021) in 5th Planet Games A/S.
Further to the Extraordinary General Meeting resolutions earlier today, all conditions to the investment agreement between the Company and Skybound Game Studios, Inc. have now been satisfied and the tranche 1 capital-increase in the Company equivalent to NOK 13,216,500, as described in the previous announcement, has now been completed. Furthermore, Skybound has subscribed for the Investment Warrants, the Milestone Warrants and the Indemnification warrants.
For further information, please contact
Henrik Nielsen, board member [email protected] or visit https://www.5thplanetgames.com/investors/
About 5th Planet Games:
5th Planet Games is a mobile games developer and publisher located in Copenhagen and Berlin. 5th Planet Games cooperates with strong IP title’s such as the Adventures of Tintin and LEGO and with premium sports brands such as Cristiano Ronaldo, Nyjah Huston and Peter "Snakebite" Wright and has its own IP title, Hugo.