10:44 13 February 2019
ECC Games debuts on NewConnect
ECC Games, a computer game developer based in Warsaw, has debuted on the NewConnect stock market.
This is the third debut on the NewConnect stock market this year. The reference price of PLN 0.70 per share meant that ECC Games was worth PLN 14 million. However, excessive demand for shares meant that the capitalization of the small studio quickly began to swell and at one point amounted to as much as PLN 60 million. Even before noon, the Theoretical Opening Rate deviated from the issue price by 529 percent to finally stabilize at 328 percent. As a result, during the entire session there was not a single transaction on the company's shares.
ECC games released the mobile version of Car Mechanic Simulator 18 (issued by PlayWay). More than 12 million people have downloaded the game around the world. The company is working on its next release, the highly anticipated Drift19.
