Updated Mar 17, 2026 by PlayWay
CreativeForge Games S.A. (CFG) is increasing its share capital from 460,000 PLN to a maximum of 613,333.18 PLN through the private subscription of up to 666,666 Series K shares.
CFG has been authorized to dematerialize its shares and pursue a public listing on the NewConnect market of the Warsaw Stock Exchange.
The company established an incentive program for employees and board members that grants Series A subscription warrants for Series L shares at a nominal price of 0.23 PLN per share.
The incentive program is strictly tied to the performance of the game 'Phantom Doctrine,' which must generate a net margin of at least 5,000,000 PLN within 12 months of release to trigger eligibility.
Net margin for the performance milestone is defined as gross revenue minus all production, development, distribution, and marketing costs.
To manage dilution, the total number of shares issued under the incentive program is capped at 5% of the company’s total share capital.
CreativeForge Games S.A. (CFG) is increasing its share capital from 460,000 PLN to a maximum of 613,333.18 PLN through the private subscription of up to 666,666 Series K shares.
CFG has been authorized to dematerialize its shares and pursue a public listing on the NewConnect market of the Warsaw Stock Exchange.
The company established an incentive program for employees and board members that grants Series A subscription warrants for Series L shares at a nominal price of 0.23 PLN per share.
The incentive program is strictly tied to the performance of the game 'Phantom Doctrine,' which must generate a net margin of at least 5,000,000 PLN within 12 months of release to trigger eligibility.
Net margin for the performance milestone is defined as gross revenue minus all production, development, distribution, and marketing costs.
To manage dilution, the total number of shares issued under the incentive program is capped at 5% of the company’s total share capital.