Mighty Kingdom launches $18m IPO

Originally published on GamesIndustry.biz by

Australian studio has an implied market capitalisation of $46 million

Share this article

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.

Mighty Kingdom has released more than 50 since its formation in 2010. Notable releases from

Continue reading article by clicking here...