Greenberg Traurig has advised the PCF Group on its public offering of new shares addressed to Polish and international investors.
The People Can Fly Group, founded in 2002, is a Polish developer of games from the AAA segment. Shares of the PCF Group, which owns the People Can Fly studio, have been listed on the Warsaw Stock Exchange since December 2020.
According to Greenberg Traurig, “the offer followed up the issuance of Series F shares finalized in June. Some of the newly issued shares were offered to Krafton, a South Korean video game developer, pursuant to the investment agreement concluded in March this year. The value of the transaction exceeded PLN 100 million.”
Earlier this year, Greenberg Traurig advised PFC on another public offering of shares (as reported by CEE Legal Matters on June 26, 2023) and also advised the company on the initial Krafton investment agreement (as reported by CEE Legal Matters on April 11, 2023).
The Greenberg Traurig team included Partner Rafal Sienski, Senior Associate Grzegorz Socha, and Junior Associates Szymon Swierszcz and Natalia Potrubacz.