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Going Public

All articles tagged with #going public

business1 month ago•2 min saved

Trump-Sons’ Golf Brand Merges With Drone Maker to Go Public

A golf-club company backed by Donald Trump’s sons is merging with drone maker Powerus to form a company that will go public via Aureus Greenway Holdings. Andrew Fox of Powerus would lead as CEO/chairman, and Dominari Securities will raise about $9m, with the Trump brothers each holding roughly 6% in Dominari. The deal could close by end-2026, but either side can terminate if not completed. The move underscores the Trump family’s expanding investments in drone and defense tech amid broader scrutiny of their business interests.

via The Guardian|

#business #defense-tech #drones

business2 months ago•5 min saved

Hazelight stays private to keep game-first creativity intact

Josef Fares, Hazelight's CEO, says the studio will never go public because stock-market metrics could force 'stupid decisions' and undermine creativity; he highlights the Friends Pass as an example of balancing creative intent with business benefit, and stresses decisions will be made for the game rather than analytics. He warns against publishers chasing mid-tier 'AA' titles and affirms the need for both AAA and diverse games, pointing to Hazelight's Split Fiction, which sold 1 million in 48 hours and 2 million in its first week, as evidence of demand for cooperative experiences.

via GamesIndustry.biz|

#business #friends-pass #going-public