- 01
PCF Group S.A. acquired a 50.01% controlling interest in VR studio Incuvo S.A. on December 13, 2021, by purchasing 7,143,900 shares.
- 02
The initial purchase price for the controlling stake was 19,995,776 PLN, executed via the NewConnect market.
- 03
Incuvo is eligible for an additional performance-based earn-out payment of up to 11,595,725 PLN, contingent on the net profits and Metacritic score of the title Green Hell VR.
- 04
The acquisition includes non-compete clauses and management commitments that bind key Incuvo executives to the company until at least December 31, 2024.
- 05
This strategic move is intended to diversify PCF Group’s technical capabilities and establish a formal presence in the virtual reality gaming segment.