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Ker Ventures, a holding company fully owned by Frédéric Chesnais, Chairman & CEO of Atari, holding 18.38 % of the Company’s share capital has indicated that it will subscribe irreducibly for 1 million shares, or circa 0.28 M€ and one institutional investor has given a commitment for 0.2M€. In this context, and taking into account the interest of the studios to enter the share capital of Atari, the Group has decided to proceed with a capital increase with preferential subscription rights and to enable existing shareholders to participate in this growth operation, it being specified that the potential part of the share issuance not subscribed by existing shareholders will be covered by the studios up to an amount of 2.28M€, through a reducible and irreducible subscription by way of offsetting of receivables. Atari does not have an ownership stake in the studio.īuilding upon the success of RollerCoaster Tycoon, strengthening and diversifying the portfolio of games is a key growth axis for the Atari Games division. Nvizzio Creations is an independent Canadian game development studio based in Montreal, which is notably behind the most recent mobile versions of RollerCoaster Tycoon.
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The studio is in charge of delivering the finished product and of live operations for the game. The objective is to accelerate the launch and the visibility of the game. This game, which is fully owned and thus already in the portfolio, is currently in closed beta on iOS/Android. Mob Empire: a strategy and simulation game developed by Nvizzio Creations, offers a humorous and witty take on the war between rival gangs for control of a city.It develops, on its own or for prestigious clients, successful console and mobile games (Lego Hidden Side, WWE Champions, SpongeBob Moves In, etc.). KungFu Factory is an independent US game development based in Los Angeles. The game is scheduled for soft launch in March 2020 on iOS and Android, the studio being in charge of delivering the finished product and of live operations for the game. The objective is to subsequently add other combat modes like fighter planes, battleships and submarines. Atari has acquired the intellectual property of the game by virtue of a development agreement dated Februand is not taking any ownership stake in the studio. ATARI Combat: Tanks & Puzzles: developed by KungFu Factory, this mobile game combines puzzles and tank battles in the very popular puzzle RPG genre.Targeting diverse audiences and offering attractive and popular gameplay modes, the games in question are:
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Game studio tycoon 3 what do certifications do? series#
Paris, Febru– The Atari Group (Euronext compartment C Paris: FR0010478248 – ATA, eligible PEA-PME), one of the world’s most iconic consumer brands and interactive entertainment producers, announces the upcoming launch of a series of mobile games with 2 partner studios. Subscription price of 0.28€ per New Share, preferential subscription rights maintained, dilution limited to a maximum of 5.44%.Capital increase in an amount of 3.6M€, with over 75% of the issue guaranteed, of which 0.2M€ by an institutional investor 0.28M€ by Ker Ventures, holding company of Frédéric Chesnais, Chairman & CEO of Atari and 2.28M€ by two studios, who will participate to the extent of the amount that is not subscribed by existing shareholders.Launch of the games in the coming months with a contribution to Group revenue starting in the financial year 2020/2021 Mob Empire already in closed beta release.New games comprising the acquisition of “ ATARI Combat”: Tanks & Puzzles with Kung Fu Factory, and the acceleration of the launch of Mob Empire, a game already in the portfolio, with Nvizzio Creations.Atari launches new mobile games to accelerate its growth and issues new shares with preferential subscription rights in partnership with two development studios