Atari enters into an agreement to acquire Night Dive Studios and announces its intention to proceed with the issuance of €30 M bonds convertible into new Atari sharesConvertible Bonds”) in order to meet with its capital needs in the context of the implementation of its new growth strategy and refinancing of its debt. ”TERMS AND TIMING OF THE ACQUISITIONThe purchase price of Night Dive will consist of (i) an initial consideration of US$10 million payable half in cash and half in Atari shares at the closing of the acquisition (see below) plus (ii) an earn-out of up to US$10 million, payable in cash over the next three years based on the future performance of Night Dive. 6 Equals to around 8 million euros in principal at the date of this press release, and excluding any potential shareholder loans concluded until the issuance of the convertible bonds Attachment20230322_Atari_CP_Acquisition-OC-Projet_EN_DEF