Linköping, Sweden. May 8th, 2014
Swedish game developer, publisher & operator Stillfront Group latest capital raise has been oversubscribed
Stillfront’s last capital raise continues to proof the group’s strong financial position and outlook, as existing shareholders have oversubscribed the latest share issue offering. With upcoming major new titles to be launched during this year, Stillfront Group is poised for future growth and success in the years to come.
‘We are very happy to announce that our latest share issue has been so successful that we have not been able to meet the demand, it sets an important direction for our expansion and growth during 2014 and the years to come.’, says CEO & Founder of Stillfront Group Jörgen Larsson
About Stillfront Group
Stillfront Group´s Business concept is to develop, publish and operate online social games, console/handheld games and digital entertainment. The company has offices in Hamburg, Germany, Umeå & Linköping, Sweden and Hong Kong, China with more than 50 full-time employees. Stillfront Group’s online gaming branch is a pioneer online game developer specializing in creating Fan Immersion Games based on high profile IPs. Online activities also include social gaming community sites and MMO development. The console branch of the company Coldwood is producing blockbuster titles to the PS3, PC and Xbox platforms, with Publishers like Sony Entertainment.