We have been hearing about Techland’s stock exchange debut for years, and seriously speculated about it in 2018. Although dozens of other Polish studios began their adventure with the WSE, Paweł Marchewka’s company remained unmoved by these temptations. Increasing the scale of operations, however, will require a significant financial injection, and such a decision may bring.
As The Gamer noted, Techland is now one step closer to it – on April 1 it was registered as a joint stock company (previously it was a limited liability company). Paweł Marchewka and his wife Aleksandra Marchewka sat on the board.
When I contacted the company asking why it changed, I found out that:
Change is a natural stage in the company’s continuous development. The form of a joint stock company will facilitate the achievement of our business goals and is an element of a wider organization of the group and companies associated with it. The formal change does not affect the current work of our team, including the creation of Dying Light 2, our flagship title.
You will admit that you have a Heraclitan idea
Of course, among the aforementioned business goals, there does not have to be a place for a stock exchange debut. Certainly, however, a change into a joint-stock company in this process will not hurt, because (as we read on the WSE website):
The issuer of shares listed on the WSE may be an entity that is a joint stock company. This does not mean closing the road to the Stock Exchange for companies with a different legal form. In this case, the owners of the company must transform it into a joint-stock company or establish a joint-stock company by contributing the company’s assets to it.