Outdoorzy S.A. announced a private placement of 250,000 series C shares at PLN 1 per share for gross proceeds of PLN 1,050,000 on May 20, 2016. The shares issued have a par value of PLN1 per share. Upon completion, Robinson Europe Spólka Akcyjna, parent of the company holds less than 50% of the company and the company ceased to be subsidiary.