Playable Worlds, Inc announced that it will issue 3,520,193 series B-1 preferred shares at a price of $7.9541 per share for the gross proceeds of $27,999,967.14 and 279,380 series B-2 preferred shares at a price of $7.1587 per share for the gross proceeds of $1,999,997.606, for aggregate gross proceeds of $29,999,964.75 on March 17, 2022. The shares are non-redeemable. The series B-1 shares, and series B-2 shares will be convertible into common shares at a fixed conversion price of $7.9541 and $7.1587 per share respectively.