SoftDev firm Codeaddict raises 5 million, targets gaming space

We are expanding with two more pillars – Game Development and Venture Building.

The Poznań softwarehouse Codeaddict starts the issue of K series shares. The company’s goal is to obtain financing in the amount of PLN 4.8 million. With the collected funds, the company wants to develop, among others a team of developers and create an e-learning platform that allows for quick and targeted technological training.

Codeaddict will issue up to 2,686,932 shares at a nominal price of PLN 0.5, while the issue price is PLN 1.80. The issue of series K shares is with pre-emptive rights. Subscription and additional subscription can be made until August 17 this year. The allocation of shares is scheduled for September 9, 2021. Shareholders may subscribe in brokerage houses in which they have accounts with subscription rights registered. The company is already listed on the NewConnect market.

“At the moment, Codeaddict is mainly a software-house that implements application / platform projects at the request of external clients. Now we are expanding this formula with two more pillars – Game Development and Venture Building. The result of this development will be not only an increased range of developer services, but also the construction of a portfolio of subsidiaries generating their own revenues, ”said Sebastian Goliński, CEO of Codeaddict during the investor chat.

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