Friday , August 12 2022

THQ Nordic announces new shares to raise $ 225 million for future procurement


The Swedish publisher, THQ Nordic, has raised a SEK 2.1 billion ($ 225 million) by announcing 11 million new Class B contributions.

The new shares were valued around SEK 190 ($ 20.3) per item, and were completed by existing and new investors such as the National National AP AP Reserve, the AP National Reserve and Odin Fonder.

THQ intends to use the cash to fund the acquisition of more franchises, games studios and other assets that complement the company's wider operations.

As it emerged in recent months, the company has no type of expenditure, and only last week it dropped $ 37.5 million on Kingdom Come: Achievement developer Warhorse Studios.

Before that, the Australian publishing agency 18Point2, Goat Simulator developer Coffee Stain Studios, and creator of Wreckfest Bugbear Entertainment.

It has also been a catalyst for cash such as notable franchises Kingdoms of Amalur, The Alone in the Dark, The Timetables, The Out out, a Carmageddon.

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