22.07.2022 - Stockholm Agilit Holding AB (publ) carries a conditional reverse takeover of RightBridge Ventures AB (publ) to a value of approximately SEK 180M
RightBridge Ventures AB (publ) ("RightBridge") has entered into an agreement (the "Agreement") with Agilit Holding AB (publ) ("Agilit") to sell all shares in RightBridge for a purchase price of SEK 179,969,278. The purchase price for all shares in RightBridge must be set off in its entirety against 2,999,487,967 newly issued shares in Agilit at a subscription price of SEK 0.06 / share.
“RightBridge Ventures was formed with the goal of solving the challenges facing the esport and gaming industry: the fragmented revenue chain and the gap that exists in the relationship between users and brands. RightBridge Ventures builds a social and digital experience in a secure, engaging and open Metaverse under one umbrella. RightBridge Ventures creates opportunities to develop the individual companies and strengthen RightBridge Ventures' accumulated position in the market. With the now proposed listing, RightBridge Ventures is given a broader shareholder group and liquidity share." Johan Rooth, Chairman of the Board of RightBridge Ventures
“We want to create a dynamic ecosystem of companies that is currently lacking in the sector in which we operate. We want to offer our investors a risk diversified, unique and actively managed portfolio in the fast-growing esports and gaming sector as a catalyst for Metaverse. Having the opportunity to operate in a listed environment is an important instrument for delivering that offer. ” Carlos Barrios, CEO of RightBridge Ventures
For detailed information about the Agreement, please see the attached document below (in Swedish) or visit Agilit's website at www.curando.se
About RightBridge Ventures AB ((publ)
RightBridge is a company that acquires and invests in companies in gaming and esports. By actively working with the portfolio companies and helping them to scale up their operations, as well as creating collaborations and synergies between the portfolio companies, RightBridge improves the conditions for effective growth. RightBridge thus creates an ecosystem for the portfolio companies driven by the synergies around revenue, marketing, sales, customer acquisition and technology that arise within RightBridge.