Beyond Frames plans directed share issue of approximately SEK 19.3 million
Game developer Beyond Frames Entertainment AB has resolved to carry out a directed share issue. The issue is expected to raise approximately SEK 19.3 million.
Beyond Frames Entertainment AB (publ) has resolved to carry out a directed share issue of approximately SEK 19.3 million. This planned issue is in addition to previously communicated intentions regarding a directed share issue.
The company's board of directors made the resolution on September 16, 2026. Specific terms for the issue, including the subscription price and timing, are expected to be announced at a later date. Beyond Frames has not provided details on the intended use of the raised capital.
Beyond Frames Entertainment operates in the gaming sector, with a focus on developing virtual reality (VR) and augmented reality (AR) games. The company has stated aims to expand its product portfolio and strengthen its global market position.
The share issue is likely intended to bolster the company's financial standing and fund future investments in game development or potential acquisitions. Beyond Frames Entertainment's shares are listed on the Nasdaq First North Growth Market in Stockholm.