An assessment of Voodoo and its various categories of shares

27 September 2021 - Actualité Sorgem Évaluation

SORGEM Evaluation assisted Voodoo with the valuation of the company and its various categories of securities (different categories of preference shares, share subscription warrants, ordinary shares), as part of the issue of new securities.

Founded in 2013 in Paris by Alexandre YAZDI and Laurent RITTER, VOODOO is a French mobile video game studio and a leader in what is known as ‘hyper-casual gaming’. In April 2021, VOODOO reported more than 5 billion downloads worldwide.

In 2020, TENCENT acquired a stake in the company following a fundraising round of approximately €400 million.

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