Beyond Frames Entertainment Signs Agreement with Alpha Nordic to Expand Project Financing Model
Through a new strategic partnership with Alpha Nordic AB, an investor advisory firm, Beyond Frames seeks to expand its existing project financing model to enable further investments into new projects and diversification.
Today, Beyond's project financing model consists of project financing from IP holders, publishing partners, and platform partners. Now, we are expanding our partnership with Alpha Nordic AB. The financing model is similar to those used in the film and television industry and aligns with the company's strategy of balancing risk while driving long-term growth.
Alpha Nordic, through its investor network, will raise funds in exchange for a revenue share of Beyond Frames Entertainment's Teenage Mutant Ninja Turtles VR game, which is currently under development. The revenue share volume will be determined based on demand.
"We see this as an innovative way to fund future projects on which we expect to have 3 times the return on investment. The gaming industry is evolving, and we aim to be at the forefront of these new funding opportunities to create the best long-term shareholder value for our shareholders," said Ace St. Germain, CEO at Beyond Frames Entertainment.
This disclosure contains information that Beyond Frames is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 01-04-2025 13:31 CET.