CI Games has decided to review its strategic options, and the advisor will be Drake Star Securities LLC. The company’s share price is up 3% on the news.
Yesterday, CI Games, the company that has released a series of Sniper Ghost Warrior Contracts games and the production of Lords of the Fallen, announced the launch of a strategic options review. Drake Star Securities will be the advisor in this process.
“On August 17, 2021, he decided to start the process of reviewing strategic options for the company, supporting the further development of the company’s capital group. (…) During the process of reviewing strategic options, the company’s Management Board will consider various options, including attracting a strategic industry investor”.