Press releases

Press releases

Settlement with Lucky Kat sellers confirmed to 0.3 MEUR

19 December, 2024 at 12:07

Fragbite Group AB (publ) (”Fragbite Group” or ”the Company”) have reached an agreement with the Sellers (“the Sellers”) of subsidiary Lucky Kat B.V. ("Lucky Kat") resulting in a settlement amount of EUR 0.3 million. Payment will be made by Fragbite Group during the end of the first quarter 2025. On 19 August the Board of […]

Fragbite Group brings in equity investor to Lucky Kat and Wagmi at 5 MEUR valuation

Regulatory13 December, 2024 at 12:56

Fragbite Group AB (publ) (“Fragbite Group” or “the Company”) has signed a letter of intent with venture builder companies 4+ Ventures AB and Swiss Peak Ventures GmbH for an equity investment in one of the Company’s three business areas – web3. The investment entails a 24% equity share in subsidiaries Lucky Kat and Wagmi respectively […]

Playdigious wins another two awards

09 December, 2024 at 08:45

Fragbite Group ABs (publ) subsidiary Playdigious has won another two awards for their game portfolio, this time at the Pocket Gamer Awards. Potion Permit won the award for Best Role Playing Game and Little Nightmares was crowned Best Platform Game. Playdigious was nominated in another three categories including Best Mobile Publisher. On Friday 6 December […]

Lucky Kat moves node sales project forward, signs key partner

06 December, 2024 at 09:00

Fragbite Group ABs (publ) (”Fragbite Group” or ”the Company”) subsidiary Lucky Kat is moving forward with the announced node sale project at a high pace. A letter of intent has been signed with another partner, a leading global investment platform. The subsidiary is currently working on finalising technical and operational due diligence and is together […]

Fragbite Group announces timeline for reverse split of shares

Regulatory29 November, 2024 at 10:15

Fragbite Group AB (publ) (“The Company") held an Extraordinary General Meeting on 4 November 2024, at which it was resolved to carry out a reverse split of the Company’s shares by 1:500, which entails that five hundred (500) shares are consolidated into one (1) share. The record date for the reverse split has been set […]

Lucky Kat presents Metafy – partner in taking Kumo consumer products to market

27 November, 2024 at 15:10

Fragbite Group AB’s (publ) (“Fragbite Group” or “the Company”) subsidiary Lucky Kat has licensed the Kumo brand for the manufacturing and distribution of consumer products. The licensee is Metafy, an expert IP-house specialising in combining mass market and online retailing with blockchain-based physical products. Metafy is a subsidiary of JCorp licensing group, with a global […]

Fragbite Group holds information meeting

26 November, 2024 at 12:35

Fragbite Group AB (publ) ("Fragbite Group" or “the Company") will hold a digital information meeting on 27 November during which CEO Stefan Tengvall will present the interim report for the third quarter and upcoming activities, followed by a Q&A session. On Wednesday 27 November at 17.00 CET, the Company will hold a digital information meeting […]

Lucky Kat signs contract licensing the Kumo brand for retail products

20 November, 2024 at 13:05

Fragbite Group AB’s (publ) (“Fragbite Group” or “the Company”) subsidiary Lucky Kat is licensing the Kumo brand to a global manufacturer and distributor of consumer products for retail and online channels, thus introducing traditional audiences to the brand. Kumo was successfully released as an NFT collection in September 2024, generating 0,8 MSEK in sales and […]

Interim report for the period January – September 2024

Regulatory20 November, 2024 at 08:10

Fragbite Group AB (publ) (“Fragbite Group” or “The Company”) hereby issues the interim report for the period 1 January to 30 September 2024. Third quarter 2024 Revenue SEK 51.8 million (61.3) EBITDA SEK 2.2 million (2.7) Adjusted EBITDA SEK 2.2 million (2.7) Operational EBIT (1) SEK -0.6 million (0.7) EBIT SEK -21.0 million (-21.5) Result […]

$KOBAN expanded into a protocol token

20 November, 2024 at 07:30

Fragbite Group AB (publ) (”Fragbite Group” or ”the Company”) has initiated development to expand $KOBAN into a protocol token, thus enabling the Company to tie additional business models to the $KOBAN ecosystem. In addition, Fragbite Group is planning to carry out node sales, a type of capital raise available to protocols which would allow for […]

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