Fly Play hf.: PLAY issues a convertible bond amounting to ISK 2.4 billion

Core Insights - Fly Play hf. has secured binding, conditional subscription commitments from investors for a convertible bond totaling ISK 2.4 billion, approximately USD 20 million [1] - The financing round includes participation from the company's largest shareholders as well as new Icelandic investors [1] Company Details - The convertible bond issuance is part of Fly Play hf.'s financing strategy to attract both existing and new investors [1] - Further details regarding the plans for the convertible bond are provided in a company announcement [2]