EveryMatrix submits formal bid to acquire Fantasma Games

EveryMatrix submits formal bid to acquire Fantasma Games

EveryMatrix has announced a recommended public offer to acquire all shares in Fantasma Games AB for SEK59 (€5.21) in cash per share with a total cash consideration of SEK209.8m (€18.5m).

The acceptance period for this offer commenced on September 19th and expires on October 10th 2024. Shares in Fantasma Games AB are listed on Nasdaq First North Growth Market Sweden.

EveryMatrix is the world’s largest games aggregator via its SlotMatrix aggregation platform with more than 29,000 games across 330+ third-party studios in addition to its own in-house games development within Armadillo Studios.

The Fantasma purchase would significantly strengthen EveryMatrix’s games output with the immediate addition of well-known titles that are integrated with more than 250 operators and played by millions of players across 50 countries. Fantasma Games is a highly respected games developer with a strong management team and well-established games production and distribution.

The bid is conditional on at least 90% of shareholders accepting the offer with, to date, over 50% of Fantasma Games shareholders signing binding agreements to sell their shares.

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