Like Twitter, UK-based King, makers of the smash hit Candy Crush Saga, has secretly filed with the US Securities and Exchange Commission to go public, according to the Telegraph.
King used the provision in the JOBS Act that allows smaller companies with less than $1 billion in annual sales to start the IPO process confidentially. The games maker is expected to list its shares on the Nasdag with a valuation exceeding $5 billion, the Telegraph reported. A company spokesperson did not immediately respond to a request for confirmation.
Founded in 2003, King touts 100 million daily active players of its … Read more