Notice of Extraordinary General Meeting in Adventure Box Technology AB (publ)

The shareholders of Adventure Box Technology AB (publ), Reg. No. 556963-6599 ("Adventure Box" or the "company") are hereby summoned to an Extraordinary General Meeting to be held Friday, 30 September 2022, at 11:00 CEST at the company's premises, Sveavägen 166 plan 19, SE-113 46 Stockholm.

Right to participate

In order to participate in the general meeting, shareholders shall be registered in the share register kept by Euroclear Sweden AB as of 22 September 2022. Furthermore, shareholders who wish to participate in the general meeting must notify the company of their participation no later than 26 September 2022. Notice of participation shall be made:

  • by mail: Adventure Box Technology AB (publ), Sveavägen 166, SE-113 46 Stockholm, marked "Extraordinary General Meeting", or
  • by e-mail: [email protected]

The notice of participation must state name, personal identification number or corporate registration number, postal address, a daytime telephone number, shareholding and, where appropriate, information about any proxy or shareholder assistants. Shareholders may bring a maximum of two assistants, provided that their attendance is notified as above.

Nominee-registered shares

In order to be entitled to participate in the general meeting, a shareholder whose shares are nominee-registered with a bank or other nominee must, in addition to giving notice of participation in the general meeting, register its shares in its own name so that the shareholder is registered in the share register kept by Euroclear Sweden AB as of the record date on 22 September 2022. Such registration may be temporary (so-called voting rights registration), and request for such voting rights registration shall be made to the nominee in accordance with the nominee's routines at such a time in advance as decided by the nominee. Voting rights registrations made no later than the second banking day after 22 September 2022 are taken into account in the presentation of the share register.

Authorised representatives and proxy forms

Shareholders represented by proxy must issue a written, signed and dated power of attorney for the proxy. The power of attorney must not have been issued more than one year before the date of the general meeting, unless the power of attorney provides for a longer period, however, not exceeding five years from issuance. The original power of attorney as well as registration certificate and other authorization documents, evidencing the authorised representative, should reach the company at the above address no later than 26 September 2022.

Proxy form is available from the company and on the company's website, corp.adventurebox.com, and is sent at request to shareholders stating their postal address.

Postal voting

The Board of Directors has resolved that the shareholders may exercise their voting rights by post before the Extraordinary General Meeting as an alternative to physical attendance. Shareholders who wish to use the opportunity to vote by post shall use the postal voting form available on the company's website, corp.adventurebox.com. The shareholder may not provide the postal vote with any special instructions other than checking one of the given alternatives in each proposal. The shareholder may also abstain from voting in any given proposal. If the shareholder has provided the postal vote with special instructions or conditions, or made adjustments or additions to the printed text, the vote (i.e. the postal vote in its entirety) is invalid.

The completed and signed postal voting form and, where applicable, relevant authorization documents, must be sent to the company by post to Sveavägen 166, SE-113 46 Stockholm, Sweden, marked "Extraordinary General Meeting", or by e-mail to [email protected] The documents must be received by the company no later than 26 September 2022. Further instructions and conditions can be found in the postal voting form.

Proposed agenda

  1. Opening of the general meeting.
  2. Election of Chairman of the general meeting.
  3. Preparation and approval of the voting list.
  4. Approval of the agenda.
  5. Election of keeper of minutes and one or two persons who beside the Chairman shall attest the minutes.
  6. Determination of whether the general meeting has been duly convened.
  7. Resolution on approval of the acquisition of all shares in Multiverse ApS.
  8. Resolution on issue of shares with payment in kind.
  9. Election of Board member.
  10. Closing of the general meeting.

Proposed resolutions

Item 2 - Election of Chairman of the general meeting

The Board of Directors proposes that the Chairman of the Board Örjan Frid is elected Chairman of the general meeting.

Item 3 - Preparation and approval of the voting list

The voting list proposed for approval under item 3 on the proposed agenda is the voting list prepared by the Chairman, based on the general meeting's share register, notified and present shareholders at the general meeting and received postal votes.

Item 7 - Resolution on approval of the acquisition of all shares in Multiverse ApS

On 12 September 2022, Adventure Box disclosed that the company has entered into a share purchase agreement regarding acquisition of all shares in the Danish company Multiverse ApS, Reg. No. 33384807, through a non-cash issue (the "Transaction"). The Transaction is, among other things, subject to the approval of an Extraordinary General Meeting in Adventure Box. Further information regarding the Transaction is available in the press release from 12 September 2022 on the company's website, corp.adventurebox.com.

The purchase price agreed between the parties in the Transaction amounts to SEK 16,275,260.88 and shall be paid in the form of 15,069,686 newly issued shares in Adventure Box. Provided that the Extraordinary General Meeting approves the Transaction, closing is expected to take place no earlier than 7 October 2022. The Board of Directors proposes that the general meeting resolves to approve the Transaction in accordance with the main terms above.

This resolution is conditional on the general meeting resolving in accordance with items 8 and 9 on the agenda.

Item 8 - Resolution on issue of shares with payment in kind

The Board of Directors proposes that the general meeting resolves on a new issue of a maximum of 15,069,686 shares, entailing an increase in the share capital by a maximum of SEK 1,506,968.6. The following conditions shall further apply for the resolution.

  1. The right to subscribe for the new shares shall only accrue to the shareholders in Multiverse ApS, Reg. No. 33384807 ("Multiverse"), with the right and obligation to pay for the new shares with contribution in kind in the form of all shares in Multiverse.
  2. Subscription of the new shares shall be made on a special subscription list no later than 7 October 2022. The Board has the right to extend the subscription period.
  3. Payment for the new shares shall be made by payment in kind in connection with the subscription by way of the subscriber adding the asset in kind (i.e. all the shares in Multiverse). The value of the asset in kind has been determined through the Board's own assessment of Multiverse and its operations, position, results and future earning capacity. A total of SEK 16,275,260.88 shall be paid for the subscribed shares. The part of the subscription price paid that exceeds the quota value shall be added to the non-restricted share premium reserve.
  4. The new shares shall entail the right to dividend for the first time on the record date for dividends that occurs after the share issue has been registered with the Swedish Companies Registration Office and the new shares have been entered in the share register kept by Euroclear Sweden AB.
  5. The Board of Directors, or a person appointed by the Board of Directors, shall be authorized to make the minor adjustments as may be required in connection with registration with the Swedish Companies Registration Office and/or Euroclear Sweden AB.

This resolution is conditional on the general meeting resolving in accordance with items 7 and 9 on the agenda.

Item 9 - Election of Board member

Shareholders representing approximately 18 percent of the number of shares and votes in Adventure Box, proposes that the number of Board members shall be six (6) and that Jakob Sillesen is elected member of the Board of Directors for the period until the end of the next Annual General Meeting.

If the general meeting resolves in accordance with the proposal, the Board of Directors will, until the end of the next Annual General Meeting, consist of Örjan Frid (Chairman), Staffan Eklöw, Claes Kalborg, Jason Williams, Rikard Herlitz and Jakob Sillesen. Information about Jakob Sillesen follows below.

Jakob Sillesen

Born: 1972.

Education/background: M.Sc. Physics from the Niels Bohr Institute at University of Copenhagen.

Other ongoing assignments: Working Chairman of the Board of Multiverse ApS and Managing partner of Aiomic ApS.

Previous assignments: Technical Lead roles at Microsoft, Flashbulb games ApS, Deadline Games ApS and Coop.

Holding in the company after the Transaction: 4,023,606 shares (indirectly through the wholly-owned company Assimulo II ApS).

Independence: Jakob Sillesen is dependent in relation to the company and its management and dependent in relation to major shareholders of the company. The assessment of independence relates to the circumstances following completion of the acquisition and the issue of shares with payment in kind in accordance with items 7 and 8 on the agenda.

This resolution is conditional on the general meeting resolving in accordance with items 7 and 8 on the agenda. The resolution is proposed to enter into force when the resolution on issue of shares with payment in kind in accordance with item 8 on the agenda has been registered with the Swedish Companies Registration Office, but no later than six months after the date of the resolution. Until then, the Board of Directors will remain in its current composition. In the event that the condition above is not met, the Board of Directors shall remain in its current composition.

Other information

Majority requirements

Resolution in accordance with the proposal under item 8 above presupposes that the resolution is supported by at least nine tenths (9/10) of both the votes cast and the shares represented at the meeting.

Number of shares and votes in the company

At the time of issue of this notice, the number of shares in Adventure Box, as well as the total number of votes, amount to 15,069,686. Adventure Box holds no treasury shares.

Shareholders' right to receive information

In accordance with Chapter 7, Section 32 of the Swedish Companies Act, the Board of Directors and the CEO shall, if any shareholder so requests and the Board of Directors believes that it can be done without material harm to the company, provide information at the general meeting about circumstances that may affect the evaluation of an item on the agenda.

Available documents

Proxy form, postal voting form and reports from the Board of Directors and accompanying auditor's statements will be available from the company no later than two weeks prior to the general meeting. Copies of the said documents will also be sent to shareholders who request so and who provide their postal address. The documents will also be available on the company's website, corp.adventurebox.com.

Processing of personal data

For information regarding the processing of your personal data, see
https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf

____________

Adventure Box Technology AB (publ)

Stockholm in September 2022

The Board of Directors

FOR MORE INFORMATION CONTACT:

Rickard Riblom, CEO Adventure Box, +46 (0)70 444 24 79,
[email protected], corp.adventurebox.com

ABOUT ADVENTURE BOX TECHNOLOGY AB

Adventure Box, the leading social cloud gaming platform for user-created games, makes it easy and fun to make, share and play 3D games online. The company's world-leading streaming technology is patent protected. Founded in Stockholm 2014, the company also has staff in Seville, Copenhagen, and Madrid. Adventure Box is traded at Nasdaq First North Growth Market under the short name ADVBOX and ISIN code SE0012955276. Aktieinvest FK AB with email [email protected] and phone number +46 739 49 62 50 is the company's Certified Adviser.

DELÅRSRAPPORT TREDJE KVARTALET 2022

Under kvartalet var företagets fortsatta kostnadsfokus framgångsrikt och ledde till minskade kostnader, främst tack vare lägre organisationskostnader och färre anställda. Den 12 september meddelades att Adventure Box förvärvar danska Multiverse med den populära spelplattformen KoGaMa. Förvärvet driver Adventure Box flera år framåt vad gäller produktutveckling och marknadsposition. Med KoGaMa får bolaget en blomstrande plattform med en stor och aktiv spelargemenskap. Förutom att göra bolaget till ett av de bästa i sitt segment, innebär förvärvet också intäktsströmmar från annonser, mikrotransaktioner i spelen och konsultuppdrag.


QUARTERLY REPORT THIRD QUARTER 2022

During the quarter, the company's continued focus on costs was successful and led to reduced costs, mainly due to lower organizational costs and fewer employees. On September 12, it was announced that Adventure Box is acquiring Danish Multiverse with the popular gaming platform KoGaMa. The acquisition propels Adventure Box several years ahead in terms of product development and market position. With KoGaMa the company gets a thriving platform with a large and active gaming community. Apart from making the company one of the best in its segment, the acquisition also means revenue streams from advertisements, in-game micro transactions and consulting assignments.


ADVENTURE BOX: GRUNDEN FÖR EN FRAMTIDA FRAMGÅNGSSAGA ÄR LAGD

Adventure Box Technology AB har förvärvat danska Multiverse ApS med spelplattformen KoGaMa. Efter offentliggörandet av affären den 12 september beslutades att tills vidare stänga av den betalda marknadsföringen på Adventure Box spelplattform. Trots detta låg andelen besökare på 130 220 i september och kundanskaffningskostnaden stabilt på 0,20 kr. Andelen återvändande användare var, på grund av extraordinära händelser, ovanligt höga 51%. KoGaMa kommer så småningom att ersätta Adventure Box-plattformen.


ADVENTURE BOX: THE FOUNDATION FOR A FUTURE SUCCESS STORY HAS BEEN LAID

Adventure Box Technology AB has acquired Danish Multiverse ApS with the gaming platform KoGaMa. After the announcement of the deal on September 12, it was decided to suspend the paid marketing on the Adventure Box game platform for the time being. Despite this, the number of visitors was 130,220 in September, and the customer acquisition cost remained stable at SEK 0.20. The percentage of returning users was, due to extraordinary events, unusually high at 51%. KoGaMa will eventually replace the Adventure Box platform


Kommuniké från extra bolagsstämman i Adventure Box Technology AB (publ)

Vid dagens extra bolagsstämma i Adventure Box Technology AB (publ), org.nr 556963-6599 ("bolaget" eller "Adventure Box") fattades nedan angivna beslut. Samtliga beslut var i enlighet med framlagda förslag, vilka beskrivs i detalj i stämmohandlingarna som finns tillgängliga på bolagets webbplats, corp.adventurebox.com.


Bulletin from Extraordinary General Meeting in Adventure Box Technology AB (publ)

At today's Extraordinary General Meeting in Adventure Box Technology AB (publ), Reg. No. 556963-6599 (the "company" or "Adventure Box"), the following resolutions were made. All resolutions were in accordance with the submitted proposals, described in detail in the general meeting documents available on the company's website, corp.adventurebox.com.


ADVENTURE BOX VD KÖPER AKTIER

Efter att Adventure Box offentliggjort förvärvet av bolaget Multiverse har bolagets VD Rickard Riblom köpt ytterligare 46 279 aktier i Adventure Box.


ADVENTURE BOX CEO BUYS SHARES

After Adventure Box announced the acquisition of the company Multiverse, the company's CEO Rickard Riblom has bought an additional 46,279 shares in Adventure Box.


ADVENTURE BOX BJUDER IN TILL INFORMATIONSMÖTE ANGÅENDE FÖRVÄRVET AV MULTIVERSE

Den 12 september 2022 offentliggjordes att Adventure Box Technology AB avser förvärva det danska bolaget Multiverse ApS via en apportemission. Transaktionen innebär ett komplett ägarskap av spelplattformen KoGaMa, viktiga intäktsströmmar, samt cirka 750 000 aktiva månatliga användare. I syfte att ge aktieägarna bästa möjliga information om förvärvet samt svara på frågor, kommer en presentation att hållas den 28 september, med möjlighet att ställa frågor till ledningen.


ADVENTURE BOX INVITES TO AN INFORMATION MEETING REGARDING THE ACQUISITION OF MULTIVERSE

On September 12, 2022, it was announced that Adventure Box Technology AB intends to acquire the Danish company Multiverse ApS via a non-cash issue. The transaction means complete ownership of the gaming platform KoGaMa, important revenue streams, as well as around 750,000 active monthly users. To give the shareholders the best possible information about the acquisition and to answer questions, a presentation will be held on September 28, with the opportunity to ask questions to the management.


ADVENTURE BOX VD KÖPER AKTIER

Efter att Adventure Box offentliggjort förvärvet av bolaget Multiverse har bolagets VD Rickard Riblom har köpt totalt 42 365 aktier i Adventure Box.


ADVENTURE BOX CEO BUYS SHARES

After the company announced the acquisition of the company Multiverse, Adventure Box CEO Rickard Riblom has bought a total of 42,365 shares in Adventure Box.


Kallelse till extra bolagsstämma i Adventure Box Technology AB (publ)

Aktieägarna i Adventure Box Technology AB (publ), org.nr 556963-6599 ("Adventure Box" eller "bolaget"), kallas härmed till extra bolagsstämma att hållas fredagen den 30 september 2022 kl. 11:00 i bolagets lokaler på Sveavägen 166 plan 19, 113 46 Stockholm.


Notice of Extraordinary General Meeting in Adventure Box Technology AB (publ)

The shareholders of Adventure Box Technology AB (publ), Reg. No. 556963-6599 ("Adventure Box" or the "company") are hereby summoned to an Extraordinary General Meeting to be held Friday, 30 September 2022, at 11:00 CEST at the company's premises, Sveavägen 166 plan 19, SE-113 46 Stockholm.


ADVENTURE BOX INGÅR AVTAL OM FÖRVÄRV AV MULTIVERSE APS, MED SPELPLATTFORMEN KOGAMA, VILLKORAT AV GODKÄNNANDE AV EXTRA BOLAGSSTÄMMA

Adventure Box Technology AB (publ) ("Adventure Box") har idag ingått ett avtal om förvärv av samtliga aktier i Multiverse ApS, org.nr. 33384807 ("Multiverse"), innehavare av spelplattformen KoGaMa, genom en apportemission. Förvärvet är bland annat villkorat av godkännande av extra bolagstämma i Adventure Box, vilken även föreslås besluta om val av ny styrelseledamot.


ADVENTURE BOX ENTERS INTO AGREEMENT ON ACQUISTION OF MULTIVERSE APS, WITH THE GAMING PLATFORM KOGAMA, SUBJECT TO APPROVAL BY EXTRAORDINARY GENERAL MEETING

Adventure Box Technology AB (publ) ("Adventure Box") has today entered into an agreement to acquire all shares in Multiverse ApS, Reg. No. 33384807 ("Multiverse"), owner of the gaming platform KoGaMa, through an issue of shares with payment in kind. The acquisition is subject to, among other things, the approval of an Extraordinary General Meeting of Adventure Box, which is also proposed to resolve on the election of a new Board member.


ADVENTURE BOX: ANVÄNDARNA KOMMER TILLBAKA

Under augusti har 201 542 användare besökt Adventure Box. Andelen återvändande användare fortsätter att öka och ligger nu på 24%. Samtidigt fortsätter kundanskaffingskostnaden att sjunka och ligger under augusti på 0,20 kr.


ADVENTURE BOX: THE USERS RETURN

During August, 201,542 users visited Adventure Box. The percentage of returning users continues to increase and is now at 24%. At the same time, the customer acquisition cost continues to fall and is during August at SEK 0.20.


DELÅRSRAPPORT ANDRA KVARTALET 2022

Bolaget fortsätter utvecklingen av den nya spelformen Multimaker. Plattformen har en för branschen låg avvisningsfrekvens samtidigt som den redan låga kundanskaffningskostnaden har sänkts ytterligare. Bolaget har även sänkt kostnaderna sedan tidigare kvartal.

Med ett fokuserat team, finansiell uthållighet och en lovande Multimaker ser bolaget med tillförsikt fram emot hösten.


INTERIM REPORT SECOND QUARTER 2022

The company continues the development of the new game form Multimaker. The platform has a bounce rate which is low for the industry, and the already low customer acquisition cost has been further reduced. The company has also reduced costs since the previous quarter.

With a focused team, financial endurance and a promising Multimaker, the company looks forward to autumn 2022 with confidence.


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