Hong Kong-based mobile gaming platform Joybyte Holdings sets terms for $31 million US IPO
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Joybyte Holdings, a Hong Kong-based mobile gaming platform, has set terms for a $31 million US IPO on Nasdaq under the symbol JOYB. The company plans to offer 6.3 million shares at $4-$6 each, targeting a market cap of $116 million at the midpoint. Founded in 2023, Joybyte distributes casual games globally via its subsidiary Grand Universe, generating revenue through ads and in-game purchases.
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