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TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Huuuge Games confirms IPO pricing; Road Studio to raise zł2m (£388,000); and TIGA calls for UK games investment fund.Huuuge Games confirms IPO pricing
Huuuge Games has confirmed that 33,316,686 shares will be floated through its upcoming initial public offering (IPO) on the Warsaw Stock Exchange (WSE) at a price of zł50 () each, netting the studio zł1.666bn (£323.5m) at a valuation of zł4.20bn (£815m). The offering will therefore be the largest IPO of a video game company on the WSE on record, while its valuation suggests it will be the third-most significant gaming company listed in Poland in terms of market capitalisation, behind only CD Projekt (zł29.17bn/£5.665bn) and PlayWay (zł4.34bn/£843m). Huuuge Games shares are expected to begin trading on or around Friday 19th February.
Huuuge Games Founder and CEO Anton Gauffin commented, “We are a global company on a mission to empower billions of people to play together. Today we are taking a major step forward by welcoming all our new shareholders, who will join us as we bring social gaming to an ever greater number of players around the World. We are delighted with such a positive response from investors across the globe, which we believe reflects the confidence in our growth plan and strength of Huuuge’s social and global business model. Becoming a public global company starts a new chapter for Huuuge. It means we are ready to accelerate our Build & Buy growth strategy, building our smart network and portfolio of games, continually advancing the social gameplay experience with new innovations and ideas, and realising new opportunities to bring people together.”
36,924 likes 336 talking about this. Huuuge Games is an international games developer and publisher, focused on the fast-growing multi-billion-dollar mobile gaming market. 35,120 likes 175 talking about this. Huuuge Games is an international games developer and publisher, focused on the fast-growing multi-billion-dollar mobile gaming market. Looking for the best all-in-one casino in the world?
*Huuuge Games Play Together
*Huuuge Games Free
*Huuuge Free Slot Games
*Google Huuuge
TheGamingEconomy’s Daily Digest brings you the prevalent business stories in gaming. In today’s news: Huuuge Games confirms IPO pricing; Road Studio to raise zł2m (£388,000); and TIGA calls for UK games investment fund.Huuuge Games confirms IPO pricing
Huuuge Games has confirmed that 33,316,686 shares will be floated through its upcoming initial public offering (IPO) on the Warsaw Stock Exchange (WSE) at a price of zł50 () each, netting the studio zł1.666bn (£323.5m) at a valuation of zł4.20bn (£815m). The offering will therefore be the largest IPO of a video game company on the WSE on record, while its valuation suggests it will be the third-most significant gaming company listed in Poland in terms of market capitalisation, behind only CD Projekt (zł29.17bn/£5.665bn) and PlayWay (zł4.34bn/£843m). Huuuge Games shares are expected to begin trading on or around Friday 19th February.
Huuuge Games Founder and CEO Anton Gauffin commented, “We are a global company on a mission to empower billions of people to play together. Today we are taking a major step forward by welcoming all our new shareholders, who will join us as we bring social gaming to an ever greater number of players around the World. We are delighted with such a positive response from investors across the globe, which we believe reflects the confidence in our growth plan and strength of Huuuge’s social and global business model. Becoming a public global company starts a new chapter for Huuuge. It means we are ready to accelerate our Build & Buy growth strategy, building our smart network and portfolio of games, continually advancing the social gameplay experience with new innovations and ideas, and realising new opportunities to bring people together.”
36,924 likes 336 talking about this. Huuuge Games is an international games developer and publisher, focused on the fast-growing multi-billion-dollar mobile gaming market. 35,120 likes 175 talking about this. Huuuge Games is an international games developer and publisher, focused on the fast-growing multi-billion-dollar mobile gaming market. Looking for the best all-in-one casino in the world?
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