- 01
11 bit studios initiated a capital increase in late 2011 by issuing up to 500,000 Series D ordinary bearer shares to raise share capital from 187,076.10 PLN to a maximum of 237,076.10 PLN.
- 02
The company waived existing shareholders' pre-emptive rights to facilitate a private subscription aimed at attracting institutional investors for both capital and industry expertise.
- 03
The primary operational goal of the fundraising is to establish a third internal development team and fund the production and marketing of new software projects.
- 04
Management is authorized to pursue the dematerialization of the new shares and seek their admission to the New Connect Alternative Trading System on the Warsaw Stock Exchange.
- 05
The company mandates that at least 8% of annual profits must be allocated to supplementary capital until it reaches one-third of the total share capital to ensure financial stability.
- 06
The company’s broader operational scope includes game publishing, software development, and film production, governed by a structure of a General Meeting, Supervisory Board, and Management Board with three-year terms.