May 20, 2021

Jam City reportedly going public at $1.2 billion valuation

Jam City, News, Press

By Marie Dealessandri

The mobile studio is merging with Ludia and set to go public via special purpose acquisition company DPCM Capital

Mobile developer Jam City is reportedly acquiring Montreal-based studio Ludia, with the two companies combining with special purpose acquisition company DPCM Capital in order to go public.

That’s according to Bloomberg, who talked to anonymous sources close to the matter. The newly combined entity is said to have a $1.2 billion valuation, including debt.

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