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Mighty Kingdom launches $18m IPO

Mobile developer Mighty Kingdom has filed an Initial Public Offering on the Australian Securities Exchange. The studio successfully raised $18 million at $0.30 per share, and public trading began April 21. At this IPO price, Mighty Kingdom predicts a market capitalisation of $46 million. This filing followed a $4 million pre-initial public offering launched back in December 2020. With this new capital, Mighty Kingdom aims to develop original IP and attract new talent to its 110-strong roster. ...
Ava Manor Australian Securities Exchange Mighty Kingdom Initial Public Offering Australian Securities Heartlake Rush

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