Since 11 Bit owns 40% of Fools Theory, it is an important asset of 11 Bit. And in the future it can become even more important.
With games like "the Thaumaturge" or the "Witcher remake", Fools Thoerie has a lot of value for shareholders. But the real value can only be released on the stock market.
So my question is, is there a plan to take Fools Theory public on the stock market in the future?? Similar to Starward? As a 40% owner, this would also have to be in the interests of 11 Bit and its own shareholders.
Thanks in advance for your feedback
Fool's Theory łączy siły z 11 bit studios S.A.
Hi,
The topic of Fool's Theory's IPO comes up regularly in investors' questions, but as 11 bit studios, a minority shareholder of this company, we consistently avoid answering such a question. This is a decision that rests with Fool's Theory management.
However, we believe that the IPO must have a solid business justification - will accelerate the company's development or raise money for the new games production. A stock exchange debut is a costly and time-consuming process. For now, Fool's Theory must focus on completing the production of "The Thaumaturge" and making a successful market debut of this game.
Best regards
The topic of Fool's Theory's IPO comes up regularly in investors' questions, but as 11 bit studios, a minority shareholder of this company, we consistently avoid answering such a question. This is a decision that rests with Fool's Theory management.
However, we believe that the IPO must have a solid business justification - will accelerate the company's development or raise money for the new games production. A stock exchange debut is a costly and time-consuming process. For now, Fool's Theory must focus on completing the production of "The Thaumaturge" and making a successful market debut of this game.
Best regards
Thank you for your feedback. That's true of course, at the moment the focus has to be on the Thaumaturge. A possible IPO is certainly more of a medium-term issue.
When can we expect additional material for The Thaumaturge? The year is coming to an end and the release has been announced this year.
When can we expect additional material for The Thaumaturge? The year is coming to an end and the release has been announced this year.
