Rutgers & Posch advises Gambitious B.V., trading as Good Shepherd Entertainment, in respect of a newly announced financing round of USD 5 mln of which the first closing for USD 3.5 mln has taken place in May 2017. It concerns an equity financing via the issue of new shares placed with current and new shareholders. The US company Advance Publications Inc., a globally operating media and communications company, has led this financing round.
Good Shepherd Entertainment has a unique model for the funding of video game development and over time has grown into a renowned publisher of and investment platform for independent titles. With this new financing Good Shepherd Entertainment aims to further expand its business.
See here for the press release issued by Good Shepherd Entertainment.
The team of Rutgers & Posch consists of Robert ten Have and Babette Waltman.