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Huuuge ambitions: How a $300m IPO will make the Polish mobile studio last forever - Vimarsana News

Huuuge ambitions: How a $300m IPO will make the Polish mobile studio last forever

Earlier this week, Polish mobile developer and publisher Huuuge Games announced its plans for an Initial Public Offering. To some, it was a bold announcement for the company. To others, it was unsurprising given that they first announced those plans back in September. The difference this time around, CEO Anton Gauffin tells GamesIndustry.biz, is the company is much closer to making this long-held dream a reality. "This week, we announced the intention to float. Previously when there were stories, we were not as far as we are at the moment," he explains. "We're very close, and this is part of...

Social developer Huuuge moves ahead with Polish IPO - Vimarsana News

Social developer Huuuge moves ahead with Polish IPO

Social developer Huuuge moves ahead with Polish IPO 18th January 2021 | By Conor Mulheir Free-to-play games developer and publisher Huuuge will move ahead with plans for a Polish stock exchange listing, and is looking to raise $150m through its initial public offering (IPO). As reported in September 2020, the developer intends to apply for listing and admission of the company’s shares on the main market of the Warsaw Stock Exchange. Huuuge expects that gross proceeds from the issuance of new shares will amount to approximately $150m (£110.8m/€124.3m), with net proceeds used primarily to ...