Gamevil’s very own, indominable Kyu C Lee (@kyuclee) was kind enough to share with me the total number of shares in relation to Gamevil’s IPO (on which I reported earlier today). The total number of shares in the company is 5,484,780. Therefore, the company is floating stock representing c. 14.5% of the total, which values them at a fairly impressive $145m 69.65m or so.
Very respectable, folks! Well done!
Did you ever want to do an IPO under the radar? Do it in Korea as no one in the ignorant Western world will be able to read your prospectus (or, if you are in the US, S-1). Game maker Gamevil, which created one of my early favourite mobile games, NOM, and has shot to fame with its less quirky Baseball Superstars franchise, which topped 10m downloads, has apparently filed for an IPO as early as April of this year and will go public at the end of the month. Did anyone know? I couldn’t find anything…
Anyhow, Gamevil wants to raise c. $10m (12.6 bn KRW) on revenues of c. $12m (15.4 bn KRW) and profits of c. $4m (5.6 bn KRW).
The press release is fairly mum for the remainder. In particular does it not say how much of the entire share capital the 840,000 shares that it will put on offer represent.
Anyhow, I am extremely happy that the guys pull this off! Congratulations, folks!
Birds (sic!) do it, bees do it, even educated fleas do it, and now even Oprah (have you been there before her? Check here)… so: what about mobile games companies tweeting? Now, there’s many of them already out there (see list below) but how much sense does it make (that it makes sense for your business I demonstrated recently)?
One of the best game ever to have been created for mobile phones is finally, finally coming to Europe. I would have loved for us having been the ones to do it but, hey, you cannot always win. In any event, in spite (or because?) of an oddly early 70’s design feel and simple graphics, it is a great game that beautifully shows what mobile gaming can do (a view shared by many reviews, such as the ones, here, here and here).
The story of NOM is – for a mobile game at least – very long. The game had been released as early as 2002 by Korean developer Gamevil and has recorded more than 1 million downloads in Korea alone. You could consider it the mother of all 1-button-games, a category considered by many as being the perfect entry point to mobile games (here’s a feature on Nom and some other of Gamevil’s gems).
So, good folks of Disney’s Living Mobile (the lucky ones who got their hands onto it for Europe), good luck with it!
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