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Devolver Digital intends to go private
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Indie publisher Devolver Digital is looking to once again become a private company later this year.
If investors vote yes, then Devolver will cease to be a publicly-traded company on September 16.
Devolver initially went public on the AIM in November 2021 with a valuation of £694.6 million ($950 million).
Going private is also estimated to save the company around $1.6 million per year.
"Devolver and its board are seeking shareholder approval to delist, believing becoming a private company is in the best interests of Devolver, its employees, its partners, and its Shareholders as a whole," a spokesperson for the company told GamesIndustry.biz.