Embracer Group AB (publ) (OM:EMBRAC B) will look for acquisitions. Embracer Group AB (the "Company" or “Embracer Group”) announced its intention to carry out a directed share issue of approximately 32 million Class B shares, which is intended to be resolved upon by the Board of Directors based on the authorization granted by the extra general meeting on February 26, 2021 and (the "Share Issue"). Proceeds received from the Share Issue will further strengthen the Company’s financial position and enable the Company to continue executing its successful acquisition strategy by complementing existing operations with new game publishers, game development studios or other assets. The Company is currently witnessing a growing number of potential near-term acquisition targets, which it is actively reviewing and evaluating.