London Stock Exchange welcomes tinyBuild Inc. to AIM
London Stock Exchange is delighted to welcome tinyBuild Inc. to AIM, which has raised gross proceeds of £36 million through its IPO, valuing the video games publisher and developer at £340 million on Admission. The Company is trading under the ticker “TBLD”.
Founded in 2013 by Alex Nichiporchik (CEO), Luke Burtis (COO) and Tom Brien, tinyBuild began as an indie game developer with the launch of its first game, No Time to Explain, before transitioning into publishing early on. It is now primarily focused on premium AA and indie games and is committed to creating long-lasting IP by partnering with developers globally, establishing a stable platform on which to build multi-game and multimedia franchises.
Headquartered in Seattle, USA, the Company has key operations worldwide, with employees in the USA, Latvia, and the Netherlands, and with contractors and partners in multiple locations across five continents.
Since 2013, tinyBuild has published 40 games, which include a number of hits such as Graveyard Keeper, Party Hard, SpeedRunners, Totally Reliable Delivery Service and the Hello Neighbor franchise, which has had over 60 million downloads since the first game was released by tinyBuild in 2016. tinyBuild now has 23 more projects in development, with seven internal studios based out of Seattle, Riga, Amsterdam, St.Petersburg, Moscow, Lviv, and Bose, Ohio.
Alex Nichiporchik, CEO of tinyBuild, commented: “It’s a fantastic moment to bring tinyBuild to AIM. The London market has a great appreciation for the video games sector and we have been hugely encouraged by the high level of investor interest during the IPO process. With 23 titles set to launch during 2021 and 2022, we are ready to take tinyBuild to the next level.”