Dying Light 2 Developer Techland Likely Going Public
Evidence has surfaced suggesting that Dying Light 2 developer Techland will be doing an IPO and joining the Polish stock market, possibly before it launches Dying Light 2 later this year.
Dying Light 2 is the hotly-anticipated sequel to 2015’s Dying Light, promising to provide players with a massive open world filled with both opportunity and danger alike. The game has had somewhat lengthy delays that caused Techland to address player concerns and promised them more substantial details in the coming weeks. Since then, we’ve learned a bit more about the game and a release date has been locked in for later in the year. Now, new evidence has surfaced that Techland might be joining the Polish stock market as a public company.
Why Dying Light 2 Developer Techland is Likely Having an IPO
As Polish stock market news site Stockwatch reports, the first piece of evidence that Dying Light 2 developer Techland is going public popped up earlier this year in the strangest of ways: it made a subtle change to its name.
If you look at the Techland company details, you’ll note that the company is referred to as “Techland S.A.” It’s the “S.A.” that’s new, and that is an abbreviation for spółka akcyjna — the Polish term for “joint-stock company.” More recently, sources speaking to Stockwatch have claimed that the company is working with financial advisors to prepare the company for joining the Polish stock market.
Transitioning from a private company to a public company typically takes place through an initial public offering (or IPO). In simple terms, a company will first prepare an absolute mountain of paperwork and get cleared by regulatory agencies. Once everything is done, shares of the company will be sold on the stock market on a certain date. The chaos will ultimately settle down, landing on a specific value for share and likely making the company’s owners a truckload of money.
This process appears to have been underway for several months. However, it’s unclear whether or not Dying Light 2 developer Techland will actually go through with an IPO; the only publicly available evidence to our knowledge is the name change on the company’s website.
There’s also the matter of timing — if it is going forward with joining the stock market, the company may want to do it before Dying Light 2 launches. IPOs generally take a few months to prepare, so it looks like the odds are good that this will happen before Dying Light 2 arrives on PC and consoles on December 7, 2021.
Would you want to own stock in Dying Light 2 developer Techland? Do you think private or public game developers are better? Let us know in the comments below!