Enad Global 7 AB (publ) announced that Cold Iron Studios LLC is hiring Toadman Interactive (Toadman) as its co-development partner for the New Game with a contract value of approximately USD 8 million. EG7´s net investment is expected to be approximately USD 15 million. Appealing commercial potential with a favorable risk-reward balance in-line with previously communicated acceptable risk levels.

Secures a sizable and highly profitable co-development contract for Toadman, which not only provides meaningful profitability, but also helps to build a solid foundation and the necessary track record for Toadman?s future.