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Solid Clouds hf. — Capital/Financing Update 2025
Mar 28, 2025
8579_rns_2025-03-28_8776d5b3-fc8b-4d14-9333-67498738adb3.pdf
Capital/Financing Update
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Press Release
28 March 2025 17:15:00 GMT
SOLID CLOUDS
Solid Clouds hf. engages Íslandsbanki Securities for Fundraising
The Board of Directors of Solid Clouds hf. has engaged Íslandsbanki Securities to raise ISK 225 million in an upcoming financing round from qualified investors, with the possibility of increasing the amount to up to ISK 350 million. Shares will be offered at a price of ISK 2.25 per share.
The purpose of the financing is to strengthen the company's financial position and support the continued growth and development of the game Starborne Frontiers. Íslandsbanki Securities will handle the collection of subscription commitments.
For further information please contact
Investor Relations:
Stefán Þór Björnsson
[email protected]
Verðbréfamiðlun Íslandsbanka:
Davið Björnsson
[email protected]
Hilmir Örn Ólafsson
[email protected]
Attachments
Solid Clouds hf. engages Íslandsbanki Securities for Fundraising
Solid Clouds
Eidistorgi 17
170 Seltjarnarnes