ANTCO. Investment Group AB has acquired 0.6% of Vorto Gaming AB for 1.17 million SEK, emphasizing its strategy to invest in growth-oriented tech companies.

Target Information

ANTCO. Investment Group AB (publ) has signed an agreement to acquire approximately 0.6% of the shares in the technology company Vorto Gaming AB. The total purchase consideration amounts to 1.17 million SEK. To finance this acquisition, the board of ANTCO. has resolved, with authorization from an extraordinary general meeting, to execute a set-off issue and pay the total price through the issuance of 68,552 newly issued B-shares in ANTCO. at a price of 17.1 SEK per share. Following the transaction, the company's share capital will rise to 1,166,767.4 SEK, and the total number of shares will amount to 4,667,069, which includes 800,000 A-shares and 3,867,069 B-shares. The registration and access to the shares is anticipated to occur within two weeks, with a dilution effect for existing shareholders estimated at around 1.5%.

Vorto Gaming AB provides a streamlined method for converting in-game items into interchangeable tokens and features an online store with a peer-to-peer marketplace. Through Vorto's APIs, game studios gain access to capabilities for item creation, inventory management, and transaction reporting. In 2021, Vorto reported revenues of approximately 8.7 million SEK and currently has three employees. This acquisition aligns with ANTCO.'s strategy to invest in unlisted growth companies within the technology sector, with an ongoing emphasis on executing further acquisitions and engaging potential investment partners.

Industry Overview

The Swedish tech industry has been experiencing robust growth, fueled by the rapid advancement of technology and increasing digitalization across various sectors. With a supportive regulatory environment and invest