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SSW Pragmatic Solutions Advises on Ten Square Games IPO

SSW Pragmatic Solutions Advises on Ten Square Games IPO

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SSW Pragmatic Solutions has advised Ten Square Games S.A. on its debut at the Warsaw Stock Exchange. The value of the offer exceeded PLN 94 million.

The subject of the offer was 2,043,750 shares, which constituted 28.1% of the company’s initial capital and 28.1% of votes at its general meetings. According to SSW, "all of the company’s 7,275,000 shares were marketed."

SWW describes Ten Square Games S.A. as "one of Poland’s biggest producers and publishers of mobile and browser games.” The company was established in 2011 by Maciej Popowicz and Arkadiusz Pernal, who also created the Nasz Klasa social media platform, which they used to develop one of the first free-to-play gaming platforms.

Ten Square Games is the 479th company listed on the Warsaw Stock Exchange’s main market and the 4th debuting company on the market in 2018.

The SSW Pragmatic Solutions team included Partner Szymon Okon and Senior Associate Katarzyna Jaroszynska. Additionally, SSW’s Finance team, led by Finance Director Marek Olenkiewicz, helped to develop financial data and the business-related elements of the prospectus.

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