QubicGames expects the gamedev market consolidation and wants to take part in it

QubicGames estimates that the gamedev market in Poland will consolidate and that due to the current situation, there may be investment opportunities. Therefore, it does not rule out both SEED investments and acquisitions to strengthen the group, the company said.

“In the years 2022-2023, the parent company plans to continue to actively invest in other entities from the gamedev industry. In the opinion of the management board, the gamedev market in Poland will consolidate and due to the current situation there may be investment opportunities. Therefore, the management board does not exclude both SEED investments and acquisitions in order to strengthen the capital group for cash and / or for newly issued shares of the company. Among other things, for this purpose, at the request of the management board, the authorized capital was created in 2021 in the amount of 2,000,000 shares, ”we read in the management's report.

QubicGames is a development studio that was founded in 2004. Until 2012, the company mainly produced games for Nintendo consoles, and since 2014 it has also been producing for iOS / Android, Sony PS4 and PS Vita, as well as PCs / Mother. The company has been listed on NewConnect since 2016.

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