Zeus Capital acted as Nominated Adviser & Joint Broker to tinyBuild, Inc (TBLD.L) on its $470m AIM IPO and associated $213m placing

Zeus Capital acted as Nominated Adviser and Joint Broker to tinyBuild, Inc (“tinyBuild” or the “Company”) in connection with its $470 million AIM IPO and associated $213 million placing.

tinyBuild (AIM:TBLD) is a Seattle-based publisher and developer of video games with global operations. The transaction makes tinyBuild the largest North American company to list on AIM by market capitalisation.

The associated $213 million placing provided liquidity for tinyBuild’s founders and venture capital investors, whilst also raising gross proceeds of $50 million for tinyBuild to support the Company’s growth plans.

Members of the Zeus Capital team included: Nick Cowles, Richard Darlington, Daniel Harris, Rishi Majithia, James Edis and Matt Hogg (Corporate Finance); Benjamin Robertson (Equity Capital Markets); and Bob Liao (Equity Research).

Zeus Capital is a leading adviser to small and mid-cap private and public companies. Since 2013, Zeus Capital has acted on over 170 transactions valued in excess of £10 billion.

We have thoroughly enjoyed working with Zeus Capital to realise our goal of listing in London. The team have been our trusted advisers throughout the process and have been a great fit for our highly entrepreneurial business. Their knowledge of the sector and IPO experience has provided us with high-quality advice and guidance in helping us achieve our goals.

Zeus have provided us with a quality investor base through our significantly oversubscribed placing, and we look forward to the next phase of the Company’s journey as a public company and are particularly excited about what the future has in store for tinyBuild and our new investors.

Alex Nichiporchik
CEO and Co-Founder of tinyBuild, Inc

Congratulations to the tinyBuild team on a brilliant transaction. We are delighted to have supported tinyBuild throughout the process and it has been a pleasure to work with all parties on this transaction.

The video games sector has been a focus of Zeus Capital’s for a number of years and this deal represents our sixth transaction in the very exciting space.

It’s great to work with companies like tinyBuild that make a positive impact on their community. We look forward to continuing to support tinyBuild and its high-quality investor base in the next phase of the Company’s journey.

Nick Cowles
Deputy Head of Corporate Finance at Zeus Capital