Rymarz Zdort Maruta, working with Bryan Cave Leighton Paisner and Barnea Jaffa Lande, has advised Huuuge on the execution of a simple agreement for future equity and a call option deed agreement with an undisclosed Israeli mobile game company and its existing investors.
Huuuge is a developer and publisher of free-to-play games for mobile devices and online platforms.
According to Rymarz Zdort Maruta , "Huuuge undertook to invest up to USD 6 million in the company in exchange for the future right to receive newly issued shares assuming a pre-money valuation of USD 16.5 million. The company will use the proceeds primarily to develop its team and projects, as well as to invest in user acquisition."
The Rymarz Zdort Maruta team included Partners Filip Lesniak and Michal Pekala and Associate Szymon Rutecki.
Rymarz Zdort Maruta was unable to disclose further information on the matter.
