A Thinking Ape Entertainment Ltd..
Founded in 2008 and based in Vancouver, A Thinking Ape is a
developer of mobile Free-to-Play (FTP) games with a social core. The day one purchase price amounts to approximately MUSD 31 equivalent to MUSD 28 on a cash and debt free basis and is paid in cash and newly issued Embracer B shares plus additional consideration over 10 years, subject to fulfilment of agreed financial milestones, of a maximum MUSD 74. A Thinking Ape is one of the most respected mobile game studios in the industry. They ve been successful for over a decade and we believe they are on the cusp of stepping up to an even bigger level. I m delighted to join forces with Kenshi and the rest of his team