Press releases

Press releases

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 […]

FunRock & Prey Studios signs 3.3 MSEK game development contract

20 November, 2024 at 07:00

Fragbite Group AB’s (publ) (“Fragbite Group”) wholly-owned subsidiary FunRock & Prey Studios have signed a contract to develop a white-label game engine, generating an initial income of approximately 3.3 MSEK. In addition, negotiations for extensions to the contract are ongoing. During the spring 2024, FunRock & Prey Studios pivoted its business to combine development of […]

The Swedish Cup final

07 November, 2024 at 08:50

Fragbite Group AB's (publ) subsidiary Fragbite AB is holding the final of the Swedish Cup, Sweden's largest national esports tournament, on 9 November. The semifinals and final will be played in front of an audience in Stockholm and broadcast live on Twitch. For the third consecutive year, the Swedish Cup in Counter-Strike, Sweden's largest national […]

Playdigious ramps up pace in China

06 November, 2024 at 15:55

Fragbite Group AB’s (publ) (“Fragbite Group”) subsidiary Playdigious is ramping up its distribution in China by engaging new partners. Contracts for success title Loop Hero have been signed with a distribution partner to manage the application process and a publishing partner for the subsequent release on the Chinese market. Playdigious currently has three pending applications […]

Bulletin from the Extraordinary General Meeting in Fragbite Group AB (publ)

Regulatory04 November, 2024 at 11:45

Fragbite Group AB (publ) (“the Company”) today 4 November held an Extraordinary General Meeting at Norrmalmstorg 14 in Stockholm. At the Extraordinary General Meeting the following resolutions were taken: Resolution regarding (i) amendment of the Articles of Association, (ii) reduction of the Company's share capital, and (iii) a reverse split of sharesThe General Meeting resolved […]

Fragbite Group strengthens the balance sheet with loans of 5 MSEK

Regulatory30 October, 2024 at 14:28

Fragbite Group AB (publ) (”Fragbite Group” or ‘the Company’) has taken up loans in the aggregate of 5 MSEK in order to strengthen its balance sheet. The lenders are a group of existing shareholders in the Company who wish to support and accelerate Fragbite Group's growth. The loans mature on 16 July 2025 and can […]

Fragbite Group announces the outcome of warrants TO2

Regulatory16 October, 2024 at 15:08

Fragbite Group AB (publ) ("Fragbite Group" or the "Company") today announces the outcome for the exercise of warrants in series TO2 (“the Warrants”) issued in connection with the Company's rights issue of units announced on 23 May 2024. In total, 119,719,059 Warrants were exercised for subscription of the corresponding number of shares in the Company, […]

Information regarding the ongoing subscription period

Regulatory10 October, 2024 at 14:45

The subscription period for the warrants of series TO2 (the “Warrants”) issued by Fragbite Group AB (publ) (‘Fragbite Group’ or the ‘Company’) runs until 15 October, and the last day of trading in the Warrants is today, 10 October. The subscription period for the Warrants of series TO2 issued in connection with Fragbite Group's rights […]

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