Devolver Digital enters the stock market. The company's valuation may amount to $956 million

The publisher of Fall Guys and Loop Hero, the American Devolver Digital, is going to enter the Alternative Investment Market (also known as AIM, which operates at the London Stock Exchange) this Thursday. The expected public valuation of the company will be almost £700 million (or $956 million).

Loop Hero

This was recently reported by two British business publications — The Times and Morningstar.

Also, we recall that in the spring there were rumors about the company’s plans to enter the stock exchange.

Devolver Digital shares are expected to go into circulation in the amount of £190 million ($259 million). Most of them (at a price of £154 million /$210 million) will be “thrown out” to the market by the current shareholders, the remaining ones are the company itself.

The Times reports that Sony is already planning to acquire 5% of the company’s shares.

Devolver Digital is not the first gaming company to launch on AIM. Keywords Studios, Frontier Developments, Team17 and the Tencent-owned Sumo studio are traded on it.

As for Devolver Digital itself, today it is considered one of the brightest indie publishers. It was founded in 2008 by the former owners of Gathering of Developers. The company is primarily known for its provocative marketing. Among her published projects: Fall Guys, Serious Sam, Katana Zero, Shadow Warrior, Gris and domestic Loop Hero.