Adventure Box Technology AB (publ) has completed a private placement of shares through an accelerated book building procedure, performed by Paretos Securities, raising approximately SEK 60 million before transaction costs.

Adventure Box is a computer game technology company based in Stockholm, Sweden. The company provides "Adventure Box", an online platform where users can make, share and play 3D games.

The proceeds from the private placement will be used to finance and further accelerate growth of the company's gaming platform. In addition, proceeds will be used for other product and market development activities, with the aim of increasing the pace of commercialization of Adventure Box's products.

Pareto Securities acted as Sole Manager and Bookrunner. Baker McKenzie Advokatbyrå acted as legal adviser to Pareto Securities in connection with the transaction. Baker McKenzie's team consisted of Joakim Falkner, Ian Gulam and Johanna Flink.

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