iGaming Business – Social gaming company Zynga has filed to offer up to $126 million (€92 million) on behalf of some of the new shareholders it obtained during its acquisition of mobile gaming firm NaturalMotion, according to the Wall Street Journal newspaper
As reported by iGaming Business last month, Zynga announced that it completed the purchase of NaturalMotion in a deal worth around $527 million.
Under the agreement, Zynga said it would issue 39.8 million shares. The company registered 28.2 million for sale on behalf of the shareholders on Wednesday (February 12).
Balderton Capital, the earliest investor in NaturalMotion, is offering up to 7.6 million shares while Benchmark Capital Partners is offering 6.4 million. Other companies selling shares include the Chancellor, Masters and Scholars of the University of Oxford, C.A.S. Investments and Nvidia Corp.