Legal

Raport Bieżący Nr 36/2020: Zamiar Połączenia Spółki 3R Studio Mobile z Hubstyle

21 September 20201 pages259 words

Summary

PlayWay S.A. announced a strategic corporate restructuring on September 21, 2020, involving the merger of its subsidiary, 3R Studio Mobile sp. z o.o., with Hubstyle S.A. The transaction is structured as a merger by acquisition under the Polish Commercial Companies Code, specifically through the transfer of all assets from 3R Studio Mobile to Hubstyle via universal succession. In exchange for these assets, Hubstyle will issue new shares to the shareholders of 3R Studio Mobile, including PlayWay S.A., resulting in a capital increase for the acquiring entity. The geographic scope of this transaction is centered in Poland, involving entities based in Poznań and Warsaw. Hubstyle S.A. maintains a public listing on the Warsaw Stock Exchange, which provides the combined entity with the regulatory advantages and visibility of a publicly traded company. This move effectively integrates 3R Studio Mobile’s operations into a listed framework, facilitating broader market access and potential liquidity for its shareholders. The primary objective of this merger is to capitalize on synergies between Hubstyle’s established status as a public company and 3R Studio Mobile’s specialized expertise within the high-growth gaming industry. By consolidating these resources, the management aims to leverage the technical capabilities of the mobile gaming sector alongside the capital market experience of the acquiring firm. This strategic alignment is intended to strengthen the market position of the involved entities and create a more robust platform for future development within the gaming segment.

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