Finnish mobile game developer Next Games has announced plans to place $30 million worth of shares on the market.
By issuing shares, the company wants to receive funds for further development in 2017, as well as to increase its awareness and public awareness. According to the director of the studio Teemu Huuhtanen (Teemu Huuhtanen), the proceeds from the sale of securities will be used by Next Games to expand the studio and develop new games. The studio will also continue working on its main title The Walking Dead: No Man’s Land.
The company reported that No Man’s Land has surpassed the milestone of 16 million downloads since the release of the game in September 2015.
Next Games Studio is based in Helsinki and creates games for iOS and Android platforms. In 2016, the company raised $10 million in investments to continue working on a series
of mobile games based on the popular zombie series The Walking Dead.
Source: Pocket Gamer