22nd Dec 2023 07:45
tinyBuild Inc - Seattle, Washington-based video game developer and publisher - Confirms it raises USD12.0 million from a placing and subscription of new shares at 5 pence each and expects to raise USD2.2 million more from an open offer to existing shareholders. The equity raise was underwritten by tinyBuild Chief Executive Officer Alex Nichiporchik, whose stake may rise to as high as 59% from the current 37.8%, depending on take-up of the open offer, which will be on the basis of one new share for every six already held. Read More
