King, The Company Behind 'Candy Crush,' Files For IPO

Chris CrumBusiness

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King Digital Entertainment, the company behind the massively popular Candy Crush Saga and other games, announced that it has filed for an initial public offering.

The company said on Tuesday that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission relating to a proposed IPO of its ordinary shares.

The number of shares and the price are yet to be determined, but the company said it intends to list on the New York Stock Exchange under the ticker symbol "KING".

Here are some graphics from the filling:

J.P. Morgan, Credit Suisse and OfA Merrill Lynch are acting as joint lead book-running managers and representatives of the underwriters for the offering. Additoinally, Barclays Capital, Deutsche Bank and RBC Capital Markets are acting as joint book-running managers.

The date of the proposed IPO is listed in the filing as "as soon as practicable after this Registration Statement becomes effective."

It's unclear what effect any of this will have on how many times per day you're invited by Facebook friends to play Candy Crush Saga.

Images via

Chris Crum
Chris Crum has been a part of the WebProNews team and the iEntry Network of B2B Publications since 2003. Follow Chris on Twitter, on StumbleUpon, on Pinterest and/or on Google: +Chris Crum.