STOCKHOLM, March 11, 2025 — Adventure Box Technology AB (STO: ADVBOX) has released a corporate update from CEO Duncan McIntyre, detailing the company’s progress on planned acquisitions and financing strategies.
In his message to shareholders, McIntyre highlighted the advancements made on several acquisitions.
Pending Acquisitions Update
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Blok Sports LLC and Sparx Technologies: The Share Purchase Agreement is being finalized, with an expected closing this month. This all-equity purchase aims to minimize dilution for current shareholders, with the majority of the consideration spread over four years. This transaction is subject to approval at an upcoming EGM.
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RWB Smart Solutions Inc.: Due diligence is wrapping up, and discussions with acquisition debt providers have commenced. This acquisition is projected to add over $20 million in revenue and $10 million in EBITDA, along with unique intellectual property. This transaction is also subject to approval at an upcoming EGM.
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Zefr Media: The Intellectual Property Purchase Agreement is being finalized, with a projected closing in April 2025. This too is subject to shareholder approval at an EGM.
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Project Quantum: The final corporate structure of the acquisition is being finalized this week, and the Share Purchase Agreement is targeted for execution within the next few weeks. This acquisition is expected to add over $12 million in revenue and $4.5 million in EBITDA and will be financed through a combination of shares and debt to limit shareholder dilution. As with the others, this transaction remains subject to EGM approval.
Combined, these acquisitions are expected to contribute over $40 million in revenue and $15 million of EBITDA to Adventure Box’s operations, based on unaudited 2024 financial data.
Financing Update
Adventure Box is in discussions with financial institutions to secure an acquisition debt facility to fund these transactions and potential future targets. The company is confident in its ability to secure acquisition debt due to its low Debt/EBITDA ratios.
Furthermore, the company’s wholly-owned subsidiary, Lion Gaming Group Inc., has secured a debt line of credit for up to US$1 million. This financing will support ongoing operations and the expansion of B2C gaming brands while the acquisitions are finalized.
Strategy
Adventure Box is aggressively expanding into the global iGaming sector via acquisition and development, focusing on B2C and B2B opportunities. The company’s strategy involves consolidating the small and medium-sized marketplace through integrating technologies, products, licenses, and management talent. The targeted acquisitions align with specific criteria including cash-flow positive B2C companies, proprietary intellectual property, and a strong foothold in high-potential markets.
Adventure Box’s experience in executing consolidation strategies will position the company to capitalize on the exponential growth within the iGaming sector, leading to increasing revenues and a strong position to establish a global brand in this market. The company directs interested parties to investor presentations given last week for added information.
Sincerely, Duncan McIntyre, CEO
For further information, please contact: Duncan McIntyre, CEO Adventure Box Technology AB (publ) d.mcintyre@adventurebox.com +1 (778) 996-3596
About Adventure Box
Adventure Box is focused on creating next-generation digital solutions and facilitating transformative growth using an acquisition-driven approach. The recent acquisition of Lion Gaming has broadened technological capabilities and enhanced service offerings. Adventure Box has also entered into strategic letters of intent to acquire key industry players, like Blok Sports and Sparx Technologies, Zefr Media, and RWB Smart Solutions, to broaden its market reach and technological portfolio to create significant operational synergies and unlock revenue streams. Adventure Box is committed to delivering value to our customers and stakeholders. Adventure Box is traded on Nasdaq First North Growth Market under the ticker ADVBOX and ISIN code SE0012955276. Berg Securities is the Company’s Certified Adviser and can be reached via e-mail ca@bergssecurities.se and telephone +46 739 49 62 50.
