EG7 AGM Backs Share Issue, Buyback Mandates and Cold Iron Studios Deal

Enad Global 7 AB ( (SE:EG7) ) has issued an update.

Enad Global 7 AB’s annual general meeting approved the 2025 financial statements, decided to retain earnings with no dividend, and granted discharge from liability to the board and CEO, while re-electing the entire board and auditor with a reduced overall board fee structure. Shareholders also approved remuneration reporting, authorized the board to issue up to 10 percent new equity and to repurchase up to 10 percent of outstanding shares, giving EG7 additional flexibility for funding and capital management.

The AGM further approved the acquisition of Cold Iron Studios, LLC from board members Jason Epstein and CEO Ji Ham, a related-party transaction slated to close in early Q3 2026, underscoring EG7’s continued use of M&A to strengthen its studio portfolio. The mandates for share issues, buybacks, and asset-backed share transfers, together with the Cold Iron deal, indicate a strategic focus on balance sheet agility and portfolio expansion, with potential implications for ownership structure and future growth initiatives.

The most recent analyst rating on (SE:EG7) stock is a Hold with a SEK12.00 price target. To see the full list of analyst forecasts on Enad Global 7 AB stock, see the SE:EG7 Stock Forecast page.

More about Enad Global 7 AB

Enad Global 7 AB is a Stockholm-based gaming group active in the video games and entertainment industry, focusing on developing, publishing, and managing online and PC/console titles through a portfolio of studios. The company targets global digital gaming markets, combining live-service operations with acquisitions to expand its content and intellectual property base.

Average Trading Volume: 249,669

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK1.84B

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