Detalion Games share price down 6.6% in its debut on NewConnect
06:00
Share price of game producer Detalion Games dropped 6.6 percent at the opening of the first day of listing on the NewConnect market, up to PLN 9.71.
The company is working on an adventure and logic game Nemesis: Mysterious Journey III, which will be premiered in the first quarter of 2021. The company also creates preproductions of simulator games, which is to verify their sales potential and direct one title to production in 2020 and another in 2021. Detalion Games also plans to prepare a version of the tower defense game Plastic Rebellion for the Nintendo Switch console. The company bought the rights to the game in June 2020 from Movie Games.
In April this year, Detalion Games raised PLN 1.4 million as part of crowdinvesting. The funds from the issue of the studio were allocated, among others, for the production of the game Nemesis and marketing activities related to the game. 76 entities participated in the offer, including 73 natural persons and three legal entities.
The largest shareholder of the company is NewConnect-listed PlayWay, which has 32.8 percent participation in the share capital of Detalion Games.
(PAP)
