F.Y.I.

Gaming outfit Mighty Kingdom completes $4m pre-IPO

December 21, 2020 3:30

Australia’s largest independent game studio, Mighty Kingdom, has completed its A$4 million pre-initial public offering (pre-IPO).

The announcement:

It received strong demand from institutional, family and sophisticated investors, resulting in a heavily over-subscribed offer, exceeding expectations.

Mighty Kingdom- Anthony Lawrence and Philip Mayes. (Photo Credit James Elsby).

Founded in Adelaide in 2010, Mighty Kingdom has grown to over 80 developers, with minimal outside investment. In the past decade it has released more than 20 games to more than 50 million players worldwide across multiple platforms.

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