Game development company Beyond Frames is carrying out a directed new share issue of approximately SEK 3.1 million before issue costs, according to a press release.The issue comprises a maximum of approximately 1.86 million shares at a subscription price of SEK 1.70 per share.The subscription price corresponds to the volume-weighted average price between August 3 and 24 and represents a premium of approximately 20 percent compared with the closing price on August 24. The dilution amounts to approximately 9.1 percent.Investors include existing owner Calyptra and Sebastian Clausin. The capital will among other things be used to secure stable cash flow and capitalize on new opportunities in XR, PC and console projects, as well as enterprise solutions. Beyond Frames also intends to carry out another share issue, which will be approved at an extraordinary general meeting.