the domestic mobile phone game publishers music to make the game today with the securities and exchange commission (SEC) filed the IPO application documents, listed on the nasdaq global select market plan, stock trading code for “DSKY”, proposed by the deal to raise up to $115 million.
happy dream domain to make the game formerly known as shenzhen technology co., LTD., was established in November 2009. In February 2011, a dream of heaven and earth science and technology (shenzhen) co., LTD. Is established to make the game. Company obtain 8 million yuan at the end of 2010 the angel investment, then in 2012 red dot investment and jun lian capital investment totaled $10 million. Report released, according to analysys international, calculated according to the number of active users in 2013, le funny games is one of the largest independent mobile games in China publishing platform. Current agent operating products include fruit ninja, “temple run” series as well as the subway parkour game.
application documents, according to credit suisse securities company (USA) and jpmorgan chase securities companies will be happy to make the game underwriters of ipos. Music to make the game, said the sale proceeds will be used to buy the game authorization as well as other intellectual property rights related to mobile phone games, acquisitions and general corporate purposes.
the prospectus shows that as of March 31, 2014, to make the game has 472.7 million registered users, the number of monthly active users an average of 98.3 million people. On 31 March 2014 in the first quarter, the company’s total revenue of RMB 174.1 million ($28 million), compared with the first quarter of 2013 to 22.1 million yuan; Adjusted net income of 33.3 million yuan ($5.4 million), compared with 2013 in the first quarter of the adjusted net loss of 500000 yuan.
the submit IPO application documents, on the day of joy to make the game directors and executives shareholdings is as follows: CEO Chen Xiangyu beneficial hold about 28.87 million shares funny games common stock, its stake to 22.0%; High smelting linton beneficial hold about 3.65 million shares of a dream world common stock, stake is 2.8%; Anfernee Song Guan beneficially owns about 3.65 million shares funny games common stock, its stake to 2.8%; Liu Erhai beneficially owns about 26.89 million shares funny games common stock, stake is 20.4%; Mingyao Wang beneficially held 3.375 million shares funny games common stock, stake of 2.6%. Music directors and executives to make the game a total of total about 66.45 million shares of common stock held by the beneficial, the total stake of 50.5%.
the submit IPO application documents, on the day of music to make the game main shareholder’s stake is as follows: Dream Data Services Limited beneficial hold about 28.87 million shares of a Dream world common stock, stake is 22.0%; THL A19 Limited beneficially owns about 35.04 million shares funny games common stock, its stake to 26.6%; LC, beneficial to hold about 26.89 million shares funny games common stock, stake is 20.4%; Red dot vc beneficial hold about 21.85 million shares funny games common stock, stake is 16.6%; DT01 Holding International Limited beneficially owns about 7.31 million shares funny games common stock, its stake to 5.6%.
prior to this, another domestic mobile gaming platform touch technology also submit an application for the us listings, but due to the low valuation suspended the listing process.