gaming

Devolver Digital seeks to go private after difficult spell as a public company

Devolver Digital, the independent games publisher, is pursuing a return to private ownership following several difficult years as a publicly traded company. The company is moving to exit public markets, which would end its public financial reporting and change its shareholder structure. This shift removes routine scrutiny from public investors and alters how the company will be governed and financed.

• Devolver Digital is actively seeking to return to private ownership.
• The decision follows several challenging years while the company was publicly traded.
• Privatization would remove Devolver from public markets and end its requirement to file public financial reports.
• The change will replace public shareholders with private owners and alter investor oversight of the company.