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Snail Priced, Nasdaq: SNAL

Developer and publisher of online multiplayer games for various platforms.

Industry: Technology

Latest Trade: $1.71 0.00 (0.0%)

First Day Return: -55.0%

Return from IPO: -65.8%

Industry: Technology

We are a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world. We have built a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices. For four of the last six years ended December 2021, most recently in 2020, ARK: Survival Evolved was a top-25 seller on the Steam platform across all game genres. Our expertise in technology, in-game ecosystems and monetization of online multiplayer games has enabled us to assemble a broad portfolio of intellectual property across multiple media formats and technology platforms. Our flagship franchise from which we generate the substantial majority of our revenues, ARK: Survival Evolved, is a leader within the sandbox survival genre with over 76.5 million console and PC installs, which include 38.4 million installs from free promotions, through June 30, 2022. In the six months ended June 30, 2022, ARK: Survival Evolved averaged a total of 395,150 daily active users (“DAUs”) on the Steam and Epic platforms, and we experienced a peak of approximately 755,000 DAUs in June 2020. We define “daily active users” as the number of unique users who play any given game on any given day. For the years ended December 31, 2021, 2020 and 2019, we generated 90.7%, 89.5% and 80.5%, respectively, of our revenues from ARK: Survival Evolved.
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IPO News for Snail
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IPO Data
IPO File Date 09/16/2022
Offer Price $5.00
Price Range $4.00 - $6.00
Offer Shares (mm) 3.0
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/09/2022
Offer Price $5.00
Price Range $4.00 - $6.00
Offer Shares (mm) 3.0
Deal Size ($mm) $15
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Culver City, CA
Founded 2009
Employees 63
Website www.snailgamesusa.com