THE HUGE BET WINS: SOCIAL CASINO GETS A LOT MORE USER-FRIENDLY!
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This evaluation will look at the possible steps the company could take to maximize value as quickly as possible. The company is willing to look into different strategic options, such as finding strategic investors or pursuing potential deals that could change how shares are held. In the meantime, Huuuge bet will continue with its planned actions and business as usual. As part of the strategic assessment, the company will talk to many people who have already shown interest in it.
After the strategic evaluation, the board of directors will look at these unsolicited expressions of interest. Big Bets and Raine, two of the most significant shareholders in the company, have backed the process. The board of directors has created a special committee to help review. The board has hired Pillsbury and CMS as legal counsel and Lazard as financial advisors. After a rough year, Huuuge bet said it made $84 million in the first three months of 22. Rob Cousens, who had worked at Activision for many years, was named co-CEO in April. In 2021, the year before, we found that Huuuge bet was one of the top 50 mobile game developers. Around the end of this year, we will list for 2022.