Gamasutra: The Art & Business of Making Gamesspacer
View All     RSS
July 26, 2016
arrowPress Releases
July 26, 2016
PR Newswire
View All






If you enjoy reading this site, you might also want to check out these UBM Tech sites:


Glu Mobile announces $30 million public offering
Glu Mobile announces $30 million public offering
June 2, 2014 | By Mike Rose




Newsbrief: Glu Mobile has announced its intention for a proposed public offering, priced at approximately $30 million for 5.58 million shares of common stock.

The company expects to receive net proceeds of around $27.8 million from the offering, which is expected to close on June 4. Glu plans to use this cash intake to acquire more game studios and technologies.

Most recently Glu acquired PlayFirst, the casual game studio behind the popular Diner Dash franchise.

But investors appear wary of the public offering, as Glu's stock price has fallen by around 10 percent since the announcement -- and some ratings teams are advising investors to sell Glu stock.


Related Jobs

Digital Extremes
Digital Extremes — London, Ontario, Canada
[07.26.16]

Gaming/Technical Recruitment Manager (Will consider remote!)
Deep Silver Volition
Deep Silver Volition — Champaign, Illinois, United States
[07.26.16]

Senior Technical Artist
Lionbridge Technologies
Lionbridge Technologies — Bellevue, Washington, United States
[07.26.16]

Cognitive Sciences Global Program Director-GLT15856
YAGER Development GmbH
YAGER Development GmbH — Berlin, Germany
[07.26.16]

UI Artist (f/m)









Loading Comments

loader image