Krafton, Inc. is acquiring a 10% equity stake in PCF Group S.A. through the issuance of 5,853,941 new series F ordinary shares.
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The investment is priced at PLN 40.20 per share, granting Krafton 10% of the company’s total voting rights.
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Krafton holds rights of first negotiation and first refusal on future PCF Group projects, specifically Project Victoria and Project Bifrost, if they are not self-published.
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The agreement includes protective shareholder provisions, including anti-dilution, tag-along, and drag-along clauses.
05
Both parties are subject to a lock-up period for their shares that remains in effect until March 28, 2024.
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The investment contract is governed by Polish law and carries an initial ten-year term with provisions for automatic renewal.
Insights
01
Krafton, Inc. is acquiring a 10% equity stake in PCF Group S.A. through the issuance of 5,853,941 new series F ordinary shares.
02
The investment is priced at PLN 40.20 per share, granting Krafton 10% of the company’s total voting rights.
03
Krafton holds rights of first negotiation and first refusal on future PCF Group projects, specifically Project Victoria and Project Bifrost, if they are not self-published.
04
The agreement includes protective shareholder provisions, including anti-dilution, tag-along, and drag-along clauses.
05
Both parties are subject to a lock-up period for their shares that remains in effect until March 28, 2024.
06
The investment contract is governed by Polish law and carries an initial ten-year term with provisions for automatic renewal.