RightBridge Ventures Group AB: Rightbridge Ventures Divests Its Stake in Lilmix Esports AB
March 4, 2025 - Rightbridge Ventures Group AB has sold its entire stake in Lilmix Esports AB for SEK 178,000 through the offsetting of an unpaid fee claim to CMLE Holding AB. The divestment is part of Rightbridge's strategic shift from esports toward intellectual property (IP) rights and gaming. Rightbridge currently owns 22.11% of Lilmix. The sale results in a goodwill write-down of approximately SEK 1.6 million.
The transaction aligns with Rightbridge's strategy of becoming an IP-focused company specializing in game development and strong intellectual property rights. Rightbridge has held a stake in Lilmix since 2021 and is now selling to a strategic investor who can continue supporting Lilmix in its growth and development as a key player in Swedish esports.
"The divestment of Lilmix aligns with our previously communicated strategy to transition from esports to a streamlined company with a clear focus on IP rights and game development, in light of the announced acquisition of Raketspel Interaktiva Produktioner," comments Claes Kalborg, CEO of Rightbridge Ventures Group.
For more information, please contact:
Claes Kalborg, CEO
Phone: +46 73 444 55 07
Email: claes.kalborg@rightbridge.se
Mads Jorgensen, Chairman of the Board
Phone: +45 28 97 15 75
Email: mvj@bluehorizoninvestment.com
Address:
Rightbridge Ventures Group AB (publ)
Nybrogatan 6
114 34 Stockholm, Sweden
Disclosure
This information is such that Rightbridge Ventures Group AB (publ) is required to disclose in accordance with the EU Market Abuse Regulation. The information was submitted for publication through the contact persons above on March 4, 2025, at 08:32 CET.