Fragbite Signs LOI To Buy Shares In iGaming Company

Reuters

Oct 23, 2025

Oct 23 (Reuters) - Fragbite Group AB (publ) ::
*LETTER OF INTENT SIGNED FOR ACQUISITION OF SUBSTANTIAL SHARE IN PROFITABLE GROWTH COMPANY
*SIGNS LOI TO BUY SHARE IN IGAMING COMPANY
*TARGET COMPANY'S VALUATION AFTER ITS LATEST CAPITAL RAISE IS APP. 67 MSEK.
*LOI INCLUDES PRICING OF TARGET COMPANY WHERE TWO OF ITS SHARES CORRESPOND TO ONE SHARE IN FRAGBITE GROUP
*TO ACQUIRE SUBSTANTIAL SHARE OF PROFITABLE GROWTH COMPANY IN IGAMING SECTOR
*RECENTLY MADE SMALL STRATEGIC INVESTMENT IN TARGET COMPANY OF EUR 250,000

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 23-OCT-202512:04:01.497 GMT

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email: reutersinvestor.briefs@thomsonreuters.com))<br/>  Source Date/Time = 23-OCT-202512:04:01.497 GMT</fragbi.st></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0963586101.USD","symbol_name":"ALLIANZ GLOBAL SMALL CAP EQUITY \"AT\" ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251023:nRSD89G5NC:1","article_id":"2577011643","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2577011643","pubTimestamp":1761221904,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Oct 23 (Reuters) - Fragbite Group AB (publ) ::*LETTER OF INTENT SIGNED FOR ACQUISITION OF SUBSTANTIAL SHARE IN PROFITABLE GROWTH COMPANY*SIGNS LOI TO BUY SHARE IN IGAMING COMPANY*TARGET COMPANY'S VALU","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0963586101.USD":"ALLIANZ GLOBAL SMALL CAP EQUITY \"AT\" ACC","UNM":"尤纳姆集团","BK4162":"人寿与健康保险"},"translate_title":"Fragbite签署意向书购买iGaming公司股票","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"UNM":0.9},"content_text":"Oct 23 (Reuters) - Fragbite Group AB (publ) ::*LETTER OF INTENT SIGNED FOR ACQUISITION OF SUBSTANTIAL SHARE IN PROFITABLE GROWTH COMPANY*SIGNS LOI TO BUY SHARE IN IGAMING COMPANY*TARGET COMPANY'S VALUATION AFTER ITS LATEST CAPITAL RAISE IS APP. 67 MSEK.*LOI INCLUDES PRICING OF TARGET COMPANY WHERE TWO OF ITS SHARES CORRESPOND TO ONE SHARE IN FRAGBITE GROUP*TO ACQUIRE SUBSTANTIAL SHARE OF PROFITABLE GROWTH COMPANY IN IGAMING SECTOR*RECENTLY MADE SMALL STRATEGIC INVESTMENT IN TARGET COMPANY OF EUR 250,000  ((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))  Source Date/Time = 23-OCT-202512:04:01.497 GMT","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":true,"code":"91000000","status":"200"}}}