The firm, whose studios create free-to-play mobile games, said it plans to join the main market of the London Stock Exchange this winter. The company said it plans to raise about $10 million through the listing, which would value it at about $221 million. (The Logic)
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The firm, whose studios create free-to-play mobile games, said it plans to join the main market of the London Stock Exchange this winter. The company said it plans to raise about $10 million through the listing, which would value it at about $221 million. (The Logic)
Talking point: Leaf Mobile will use the funds to keep growing the business. “London is a global hub for video gaming,” said CEO Darcy Taylor in a statement. The listing will help the company “position itself at the forefront of the sector’s growth,” and help its European growth plans. Leaf follows Toronto’s Alphawave, which debuted on the LSE earlier this year. The chipmaker also decided to move its headquarters to the U.K., prompting criticism of how much Canada is doing to support homegrown tech firms. Leaf’s shares already trade on the Toronto Stock Exchange and the OTC Markets Group’s OTCQB Marketplace in the U.S.
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