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Week of Expected Pricing 11/10/2022
Company Name SNAIL INC
Proposed Ticker SNAL
CUSIP 83301J100
Business Description A leading, global independent developer and publisher of interactive digital entertainment for consumers around the world. We have built a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices. For four of the last six years ended December 2021, most recently in 2020, ARK: Survival Evolved was a top-25 seller on the Steam platform across all game genres. Our expertise in technology, in-game ecosystems and monetization of online multiplayer games has enabled us to assemble a broad portfolio of intellectual property across multiple media formats and technology platforms. Our flagship franchise from which we generate the substantial majority of our revenues, ARK: Survival Evolved, is a leader within the sandbox survival genre with over 76.5 million console and PC installs, which include 38.4 million installs from free promotions, through June 30, 2022.
Lead Underwriter EF Hutton, division of Benchmark Investments, LLC, US Tiger Securities, Inc.
Co-Managers Joseph Gunnar and Co., L.L.C
Initial Shares 30,00,000
Revised Initial Shares N/A
Initial Price $4.00-$6.00
Revised Price N/A
Final Price $5.00
Final Ticker SNAL

 

 

   
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