This week, Remedy announced that they are exploring possibilities of listing the company on the Nasdaq Helsinki administered First North Finland market, as well as possibility of an IPO (initial public offering).
If the plan goes ahead, Remedy could join the stock exchange this month.
If the plan goes ahead, Remedy could join the stock exchange this month.
In a press release on the developer's website, they discuss the purpose for the potential listing "to execute Remedy’s growth strategy and cover the company’s development and commercialisation expenses…In the future, Remedy wants to move to a stronger value chain position, allowing a better negotiating position and the possibility to keep ownership of the company-created brands. This supports better financial success and enables building longer lasting game brands with carefully selected partners.”
To read the full press release, click HERE.
Remedy Entertainment Oy:n tj Tero Virtala kertoo yhtiön uusista tekeillä olevista peleistä pörssin tiedotustilaisuudessa. @remedygames pic.twitter.com/8NdfELymOR— Nasdaq Helsinki (@NasdaqHelsinki) April 27, 2017