Now, that is HUGE! Huuuge Games breaks records with IPO on Warsaw Stock Exchange
Warsaw’s Huuuge Games company has made history after making the largest IPO in Polish history the largest mobile gaming IPO in European history.
Debuting on the Warsaw Stock Exchange today, the company which has 10 offices in eight countries around the world, a share price of 50 PLN valued the company at 1.6 billion PLN with all the shares being taken up by investors prior to today’s float on the Warsaw Stock Exchange.
A share price of 50 PLN valued the company at 1.6 billion PLN with all the shares being taken up by investors prior to today’s float, which was held online.
The company’s games are played in 195 countries around the world with over 5 million monthly active users and over 200 million gamer interactions across their portfolio.
The free to play games they produce include Huuuge Casino, Billionaire Casino, Stars Slots, Traffic Puzzle, Trolls Pop and Coffee Break Games: Chess, Checkers, Solitaire and Dominos.
Founder and CEO Anton Gauffin said: “The IPO that we have announced today is a major company milestone.”
Established in 2014, Huuuge Games has quickly developed into one of the leading mobile gaming companies around the world.
Founder and CEO Anton Gauffin said: “The IPO that we have announced today is a major company milestone that transforms Huuuge and supports our strategy, giving us additional resources and readiness to move forward on its implementation as consolidation increases in our sector and there is an opportunity to significantly accelerate our growth by welcoming the best game creators and developers around the world to partner with Huuuge.”
