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The latest announcement is out from Archosaur Games Inc. ( (HK:9990) ).
Archosaur Games Inc. has announced a revision of the annual cap under its Licensing Agreement for game adaptation rights, due to the game’s revenue and popularity exceeding expectations. The company has adjusted the game launch schedule and expects the existing annual cap to be insufficient for covering fees payable in 2025, leading to a resolution to revise the cap. This adjustment reflects the company’s strategic response to market demand and its successful positioning within the gaming industry.
The most recent analyst rating on (HK:9990) stock is a Hold with a HK$2.00 price target. To see the full list of analyst forecasts on Archosaur Games Inc. stock, see the HK:9990 Stock Forecast page.
More about Archosaur Games Inc.
Archosaur Games Inc. is a company incorporated in the Cayman Islands, operating in the gaming industry. It focuses on developing and publishing games, with a market emphasis on game adaptation rights and cooperative games.
Average Trading Volume: 625,625
Technical Sentiment Signal: Buy
Current Market Cap: HK$1.6B
See more insights into 9990 stock on TipRanks’ Stock Analysis page.