Devolver Digital, Inc. (GB:DEVO) has released an update.
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Devolver Digital, Inc. has announced that Kwalee Ltd has crossed a threshold in its holdings, now possessing 3.58% of the voting rights with a total of 16,758,575 shares as of July 5, 2024. The notification indicates that Kwalee Ltd is not controlled by nor does it control any other entities in relation to its stake in Devolver Digital. This move could signify strategic positioning by Kwalee Ltd within the video game publishing market.
For further insights into GB:DEVO stock, check out TipRanks’ Stock Analysis page.
