Rymarz Zdort Maruta, working with Freshfields Bruckhaus Deringer, has advised Huuuge on a USD 70 million share buyback.
Huuuge is a developer and publisher of free-to-play games for mobile devices and online platforms.
According to Rymarz Zdort Maruta, Huuuge “acquired the shares under a share buyback program with the intention of retiring the shares, other than those shares necessary, in the company’s view, to satisfy its ongoing needs under the company’s employee stock option plans.”
Earlier this year, Rymarz Zdort Maruta advised Huuuge on investments in an unidentified Israeli mobile game company (as reported by CEE Legal Matters on April 29, 2024).
The Rymarz Zdort Maruta team included Partner Filip Lesniak, Counsel Piotr Zawacki, and Associate Patrycja Gliwka.
Rymarz Zdort did not respond to our inquiry on the matter.
