Pressrelease

Thunderful Group intends to list its shares on Nasdaq First North Premier Growth Market

17 November 2020

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE REGISTRATION OR ANY OTHER MEASURES.

Thunderful Group AB (“Thunderful Group” or the “Company”), a primarily Nordic gaming group within development and publishing of games as well as distribution of Nintendo products, toys, and gaming accessories, today announces its intention to launch an initial public offering of its shares (the “Offering”) and to list its shares on Nasdaq First North Premier Growth Market (“First North Premier”). The Offering is expected to consist of existing shares in the Company offered by selling shareholders and new shares issued by the Company.

Pressrelease

Thunderful Group acquires Coatsink Software

05 October 2020

Thunderful Group AB (“Thunderful” or the “Group”) acquires 100 percent of the British development studio Coatsink Software Ltd (“Coatsink”) for an upfront consideration of GBP 23 million plus an earn-out component potentially resulting in a maximal total consideration of GBP 65.5 million. Following the transaction co-founders and several key employees of Coatsink will become shareholders in Thunderful.