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Huuuge $445 Million Float Marks Warsaw’s Biggest-Ever Gaming IPO

  • CD Projekt’s Cyberpunk glitches didn’t dent investor sentiment
  • Company to be Warsaw’s second-largest listed gaming studio

Developer of free-to-play mobile casino games Huuuge Inc.’s initial public offering in Warsaw raised 1.67 billion zloty ($445 million), becoming Poland’s largest gaming industry listing on record.

Huuuge and its shareholders sold 33.32 million shares at 50 zloty apiece, the top end of an initial range, according to a statement Friday. Strong investor demand last week prompted existing holders to offload more shares in the offering, boosting the deal size.