EveryMatrix’s Fantasma Games Bid Wins Shareholder Approval
EveryMatrix has announced that more than 95% of Fantasma Games AB’s shareholders have accepted its public offer to acquire the company.
EveryMatrix's SlotMatrix platform currently features over 29,000 games from more than 350 studios.
LISTEN TO THIS ARTICLE:The development paves the way for EveryMatrix to finalize the takeover of the Stockholm-based gaming studio. The provider made a public offer to acquire Fantasma Games on September 18.
The proposal values the company at SEK 209.8 million ($20.19 million), with shareholders receiving SEK 59 ($5.67) per share. Additionally, the bid includes a 27.7% premium on the 30-day volume-weighted average and a 33.4% premium compared to the 90-day average price. The shareholder acceptance window opened on September 19 and closed on October 10.
EveryMatrix noted that Fantasma Games' established market distribution network will enhance its presence in key regions, particularly North America.
I’m incredibly proud of the fantastic journey we have undertaken so far with Fantasma Games. Now, as we approach the next major phase in our growth, I’m confident that EveryMatrix is the perfect partner to help us realize our long-term vision. We not only share a common passion for innovation but also a deep understanding of what it takes to create gaming experiences that truly engage and entertain players in a unique way.
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EveryMatrix to Boost Offerings with Fantasma
EveryMatrix's SlotMatrix platform currently features over 29,000 games from more than 350 studios, including its in-house Armadillo Studios, and is set to expand its offerings with the integration of Fantasma Games.
The iGaming supplier distributes its gaming titles to over 250 top-tier operators, such as Paddy Power, Betsson, LeoVegas, DraftKings, and BetMGM, across 50 countries worldwide, including Mexico, where it recently joined the AIEJA, the Mexican Gaming Association.
We’re delighted to announce that this acquisition will proceed. It is another M&A deal fully funded from our own cash flow and made possible due to our rapid organic growth. We see big synergies and opportunities.
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