While the head of Sony sells his shares, the head of tinyBuild is buying more. The company’s CEO, Alex Nichiporchik, announced the purchase of another 430,000 tinyBuild shares for 46,950 British pounds ($62,800).
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As a result, the share controlled by Nichiporchik in tinyBuild increased to 58.08%.
Recall that this is the second time in the last couple of weeks that the head of tinyBuild has acquired additional shares. At the end of June, he reported the purchase of 200,000 shares of the company. As Nichiporchik noted then, he believes tinyBuild is undervalued in the stock market, so he is ready to continue investing money.
Earlier, it became known that in June, the venture firm Griffin Gaming Partners joined the list of tinyBuild’s shareholders. It acquired a stake of 3.24%, which, apparently, was purchased from the Chinese company NetEase.