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Animoca Brands plans return to stock market by 2025

Animoca Brands plans return to stock market by 2025

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Source: Coin Telegraph

Animoca Brands is considering a public market return after four years of delisting in Australia, eyeing more receptive jurisdictions like Hong Kong and the Middle East.

Gaming and metaverse giant Animoca Brands is reportedly considering returning to the public market after delisting from the Australian Securities Exchange (ASX) in March 2020.

This time, the company is targeting friendlier jurisdictions, specifically analyzing Hong Kong and the Middle East, according to The Information on June 26, citing the company’s co-founder, Yat Siu.

Animoca has been holding meetings with investment banks but has not chosen a location or hired an adviser, notes the report. The company is headquartered in Hong Kong, with offices and subsidiaries in several other countries.

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Author: Ana Paula Pereira