LegalPlayWay
Rejestracja połączenia spółki zależnej
21 Dec 20201 pages~1 min full read
On December 18, 2020, the District Court for the Capital City of Warsaw legally registered the merger of 3R Studio Mobile sp. z o.o. into Hubstyle S.A.
The transaction was executed as a merger by acquisition, resulting in the transfer of all assets from 3R Studio Mobile to Hubstyle S.A. via universal succession.
Hubstyle S.A. increased its share capital through the issuance of new shares to facilitate the acquisition.
PlayWay S.A. transitioned its ownership stake in the subsidiary 3R Studio Mobile into a direct equity interest in Hubstyle S.A.
The merger completes the legal integration of operations and financial reporting for the involved entities within the PlayWay capital group.
PlayWay S.A. has formally announced the legal registration of a merger involving its subsidiary, 3R Studio Mobile sp. z o.o., and the acquiring entity, Hubstyle S.A. The transaction was officially recorded on December 18, 2020, by the District Court for the Capital City of Warsaw. This corporate restructuring was executed under the Polish Commercial Companies Code through a merger by acquisition, resulting in the transfer of all assets from the subsidiary to the acquiring company via universal succession.
As a direct consequence of this consolidation, Hubstyle S.A. increased its share capital through the issuance of new shares. These shares were distributed to the shareholders of the acquired subsidiary, including PlayWay S.A., in exchange for their existing holdings. This strategic move effectively transitions PlayWay’s interest in 3R Studio Mobile into a stake within the newly expanded capital structure of Hubstyle S.A.
The scope of this action is centered on the Polish domestic market and pertains specifically to the corporate governance and capital structure of entities within the PlayWay capital group. By finalizing this registration, the companies have completed the legal requirements necessary to integrate their operations and financial reporting. This disclosure serves to update stakeholders on the finalization of the merger process previously initiated earlier in the month, ensuring transparency regarding the issuer's subsidiary portfolio and asset distribution.
