On 7 September 2021, American genre titan Skybound Entertainment carried out an investment in Danish mobile game developer and publisher, 5th Planet Games A/S. 5th Planet Games is listed on the Oslo Stock Exchange (Euronext Oslo).

The investment consists of both shares and warrants and following the completion of all tranches, Skybound will hold a majority in 5th Planet Games. The investment structure is described in more detail in the company announcement which was released upon signing and which can be found here: Skybound Entertainment to invest 10,5M USD for significant ownership in 5th Planet Games

Together with Horten and Norne Securities, the company is now preparing a prospectus to be approved by the Danish FSA and passported to Norway, subsequent to which, the new shares will be admitted to trading on Oslo Stock Exchange.

Horten has advised 5th Planet Games on all legal aspects of the Investment. The Horten team was led by partner Jacob Kornerup, who was assisted by attorney Rune Koster.

contacts

Jacob Kornerup

Partner

Rune Koster

Attorney