Stillfront Group AB (publ) has entered into an agreement to acquire the game “Iron Throne: The Firstborn”, under name change to “Rise of Firstborn”, a popular mobile strategy game developed and published by Netmarble Corporation. The acquisition is structured as an asset acquisition and the game will be operated by Stillfront’s studio Kixeye.
At Stillfront’s Capital Markets Day in Stockholm today starting at 15:00 CET, CEO Jörgen Larsson and other members of Stillfront’s Group Management will provide an update on the group’s strategy execution, financial model and provide a more in-depth view on Stillfront’s business.
Stillfront Group today announced that Amy Lee will join Stillfront as Senior Vice President Synergies & Operations and member of Stillfront’s Group business management team. Amy joins Stillfront from Blizzard Entertainment where she was Head of Product Management Mobile.
FINANCIAL HIGHLIGHTS Q3 Net revenue of 1,311 (1,027) MSEK, an increase of 28 percent…
Stillfront Group announces its interim results for July – September 2021 on November 10, 2021, at 7:00 a.m. CET. The report will be presented in a live webcast at 10:00 a.m. CET the same day.
As of today, 29 October 2021, the total number of shares and votes in Stillfront Group AB (publ) is 387,134,079.
In accordance with the resolution of the Annual General Meeting, the three largest shareholders…
Stillfront invites analysts, investors, and members of the media to join us for our Capital Markets Day.
Stillfront Group AB (publ) (the “Company”) held an extraordinary general meeting on 4 October 2021 where mainly the following resolutions were adopted.
Stillfront Group AB (publ) (“Stillfront”) has completed the acquisition of 100 percent of the shares in Jawaker FZ LLC (“Jawaker”), which was announced through a press release on September 8, 2021 (the “Transaction”). The sellers of Jawaker are the founders and main owners, the investment company Media Zone Investments FZ LLC (“twofour54”) and certain employees.
As of today, 30 September 2021, the total number of shares and votes in Stillfront Group AB (publ) is 376,664,420.
Stillfront Group invites analysts, investors, and members of the media to its Capital Markets Day which will be held on November 17, 2021, at 15:00-18:00 CET, in Stockholm, Sweden.
The shareholders of Stillfront Group AB (publ), reg. no. 556721-3078 (the “Company” or “Stillfront”), are hereby given notice of an Extraordinary General Meeting to be held on 4 October 2021.
INSIDE INFORMATION: Stillfront Group AB (the “Company” or “Stillfront”) has, as announced in its press release on 8 September 2021, carried out a directed share issue of 15,723,270 new shares at subscription price of SEK 63.6 per share, directed to institutional investors (the “Directed Issue”). The Company will receive SEK 1 billion through the Directed Issue before deduction of costs related to the Directed Issue. The subscription price in the Directed Issue has been determined through an accelerated book-building procedure led by Carnegie Investment Bank AB (publ) and Joh. Berenberg, Gossler & Co. KG (jointly referred to as “Managers”). The investors in the Directed Issue consist of a number of Swedish and international institutional investors, including the Company’s largest shareholder Laureus Capital GmbH (“Laureus”).
Stillfront Group AB (the “Company” or “Stillfront”) hereby announces the Company’s intention to carry out a share issue, with deviation from the shareholders’ preferential rights, to raise SEK 1 billion, directed to Swedish and international institutional investors (the “Directed Issue”). The Directed Issue is carried out as part of the acquisition of Jawaker FZ LLC (the “Acquisition”) announced by the Company earlier today and to strengthen its financial position. The Company has engaged Carnegie Investment Bank AB (publ) and Joh. Berenberg, Gossler & Co. KG (jointly referred to as “Managers”) to investigate the conditions for carrying out the Directed Issue through an accelerated book-building procedure, which will commence immediately. Stillfront’s largest shareholder, Laureus Capital GmbH (“Laureus”), has undertaken to subscribe for shares in the Directed Issue.
In conjunction with the acquisition, Stillfront announces preliminary unaudited figures for H1 2021 for Jawaker as well as unaudited forecasted figures for FY 2021 for Jawaker.
FINANCIAL HIGHLIGHTS Q2 Net revenue of 1,382 (1,192) MSEK, an increase of 16 percent…
As of today, 30 July 2021, the total number of shares and votes in Stillfront Group AB (publ) is 362,862,696.
Stillfront Group announces its interim results for April-June 2021 on August 11, 2021, at 7:00 a.m. CEST. The report will be presented in a live webcast at 10:00 a.m. CEST the same day.
Stillfront Group AB (publ) have agreed on the earn-out considerations for the financial year 2020 with the sellers of Imperia Online JSC, Playa Games GmbH, Candywriter LLC and Storm8 Inc., respectively.
The extraordinary general meeting that was held on 17 June 2021, following a request…
Stillfront Group AB (publ) has entered into an agreement to acquire the game “Crush Them All”, a popular mobile idle role-playing game developed by Godzilab Inc. The acquisition was signed and closed on June 7, 2021, and is structured as an all-cash acquisition of all shares in Godzilab Inc, whose assets and liabilities solely relate to the game “Crush Them All”.
As of today, 31 May 2021, the total number of shares and votes in Stillfront is 359,961,283.
The shareholders of Stillfront Group AB (publ), reg. no. 556721-3078 (the “Company” or “Stillfront”), are hereby given notice of an Extraordinary General Meeting to be held on 17 June 2021. The board of directors are issuing this notice following a request by the shareholder Laureus Capital GmbH (“Laureus”), which holds 12.37% of the shares and votes in the Company, pursuant to Chapter 7, Section 13 of the Swedish Companies Act (Sw. aktiebolagslagen (2005:551)).
Nasdaq Stockholm has approved that Stillfront Group AB (publ)’s (“Stillfront”) shares are admitted to trading on Nasdaq Stockholm.
Nasdaq Stockholm’s listing committee has assessed that Stillfront Group AB (publ) (“Stillfront”) fulfils applicable requirements for listing and will approve an application of admission to trading of Stillfront’s shares on Nasdaq Stockholm, subject to the fulfilment of certain customary conditions. In light of the list change, Stillfront has prepared and today published a prospectus, which has been approved and registered by the Swedish Financial Supervisory Authority (the “SFSA”) and applied for admission to trading of the company’s shares on Nasdaq Stockholm with expected first day of trading on 26 May 2021.
Stillfront Group AB (publ) (“Stillfront” or the “Company”) has successfully placed SEK 1,500m of senior unsecured bonds under a new bond framework of up to SEK 2,000m with final maturity in 2025 (the “Bonds”). The proceeds from the issue of Bonds will be used for general corporate purposes (including but not limited to refinancing, investments and acquisitions) in order to strengthen the Company´s flexibility for further growth.
Stillfront Group AB (publ) held its Annual General Meeting on 11 May 2021 where mainly the following resolutions were adopted.
Stillfront Group AB (publ) (“Stillfront”) has completed the acquisition of 100% of the shares in Game Labs Inc., a Delaware corporation, (“Game Labs”). The acquisition was announced earlier today on 7 May 2021 and the sellers are the joint founders and management of Game Labs.
INSIDE INFORMATION: Stillfront Group AB (publ) (“Stillfront”) has entered into an agreement to acquire 100% of the shares in Game Labs Inc, a Delaware corporation, (“Game Labs”). Founded in 2015, Game Labs is a rapidly growing independent game studio with a strong track record of developing strategy and action games for PC. The sellers are the joint founders and management of Game Labs. The upfront consideration, payable upon completion of the acquisition of 100% of the shares in Game Labs, amounts to USD 32.5 million on a cash and debt free basis, of which USD 9.75 million is payable in 981,813 newly issued shares in Stillfront and the remaining amount is payable in cash.
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Highlights Q1 Net revenue of 1,319 (691) MSEK, an increase of 91 percent compared…
Ahead of Stillfront Group’s Annual General Meeting on 11 May 2021, Stillfront will carry out a webcast with the chairman of the board of directors, the CEO and the external auditor on 4 May 2021 at 16:00 CEST.
Stillfront Group AB (publ) today published its Annual & Sustainability Report for the fiscal year 2020 on its website www.stillfront.com.
Stillfront Group announces its interim results for January-March 2021 on 5 May 2021 at 7:00 a.m. CEST. The report will be presented in a live webcast at 10:00 a.m. CEST the same day.
The shareholders of Stillfront Group AB (publ), reg. no. 556721-3078 (the “Company” or “Stillfront”), are hereby given notice of the annual general meeting to be held on Tuesday, 11 May 2021. In order to prevent the spread of the virus causing covid-19, the board of directors has decided that the annual general meeting will be held without the physical presence of shareholders, proxies or external parties and that the shareholders shall have the opportunity to exercise their voting rights only by postal voting prior to the annual general meeting.
Stillfront Group today announced that Andrew N. Green will join Stillfront as Senior Vice President Operations & Growth and member of Stillfront’s Group business management. Andrew joins Stillfront from venture capital firm Andreessen Horowitz (a16z) where he was a Partner focused on helping build the games initiative at the firm and supporting the consumer portfolio.
Stillfront Group AB (publ) (“Stillfront”) has completed the acquisition of the initial tranche of the shares in Moonfrog Labs Private Limited (“Moonfrog”), representing 91% of the shares in Moonfrog. The acquisition of 100% of the shares in Moonfrog based on four tranches, was announced through a press release on 1 February 2021 and the sellers are Moonfrog’s joint founders and institutional investors.
From the first quarter of 2021 and onwards, Stillfront will start reporting on its…
Highlights Q4: Net revenue of 1,080 (551) MSEK, an increase of 96 percent compared…
Stillfront Group announces its interim results for October-December 2020 on 17 February 2021 at…
INSIDE INFORMATION: Stillfront Group AB (publ) (“Stillfront”) hereby announces that the company today has entered into an agreement to acquire 100% of the shares in Moonfrog Labs Private Limited (“Moonfrog”), a rapidly growing independent game studio based in Bangalore, India, focusing on Board and Social Card Games, for an initial consideration of approximately USD 90 million on a cash and debt free basis. The sellers are Moonfrog’s joint founders and institutional investors.
Stillfront Group AB (publ) (“Stillfront”) has completed the acquisition of 100 percent of the shares in Super Free Games, Inc. (“Super Free”), which was announced through a press release on 18 December 2020. The sellers are the joint founders and main owners of Super Free as well as certain key employees and other investors.