CMON Ltd. Goes Public

By Polar_Bear
In CMON
Dec 1st, 2016
5 Comments
889 Views
special-announcement

Here’s a story we don’t see too often, but is rather exciting considering what opportunities it can bring. CMON Limited is going public tomorrow (December 2nd) on the Hong Kong Stock Exchange’s (HKEX) Growth Enterprise Market (GEM). Yup, the company is going public.

What sort of things does this mean for the company? Well, the influx of funds will allow CMON to move at an even-faster pace to bring you new games and accessories. This is something CMON has been working on for several years.

Chern Ann Ng, CEO of CMON Limited, explains, “We began laying the groundwork for this to happen in 2014, and this monumental achievement would not have been possible without the herculean efforts of the CMON family and outstanding support from the tabletop gaming community at large.”

The employees of the company, as well as the company heads, will remain the same.

So yeah, if you’re looking to invest in a game company right at the ground floor, CMON’s number on the exchange will be 08278.

Source

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  • Davos Seaworth

    Great for the owners, and potentially for the shareholders, but you can kiss the days of getting mountains of exclusive plastic at a discount goodbye. Once the bean-counters and the lawyers move in, cost-cutting will be the word of the day, and we will all look back and remember what great deals we got during the good old days of Kickstarter. Kinda sad, actually.

    • Ghool

      It’s always a sad day when the bean counters take over a company – everything becomes about the bottom line, and zero-risk IP games take over the shelves.
      It’s looking more and more that the gaming industry is reaching the end of it’s innovative and grand Renaissance.
      With the move to public trading, gone will be the days of cool, risky, and innovative projects. And with the rest of the industry getting bought up by massive investment firms we can kiss the days of innovation goodbye.

      We’ll be inundated with hype, and lame IP-based junk in a few short years. When investors, lawyers and accountants take over something, it gets gutted.

      Not looking forward to this, and the changes we’re seeing in the gaming industry as a whole are going to see it gutted and empty in a few years. Hopefully KS will allow independent developers to keep making good games. From what I’ve seen happening to FFG, and Asmodee, there are very few games I want to purchase any longer, and even fewer new ones that even look remotely interesting.

  • n815e

    This is bad news for consumers of their games. I am not one of them (since they still owe me money from when they were ripping off their customers as New Wave).

    • Adam Connor

      Not surprised. I am in the same boat. Still missing many confrontation minis. Took 6 months to deliver some. Was happy to finally be able to order super dungeon explorer after they split.

  • Ghool

    I wonder how long it will take for Asmodee to swoop in and buy it all up, mark everything up 40%, and stop using KS all together?

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