Epic Games – Upcoming IPO
What is Epic Games?
Founded in 1991, Epic Games is an American company founded by CEO Tim Sweeney. The company is headquartered in Cary, North Carolina and has more than 40 offices worldwide. Today Epic is a leading interactive entertainment company and provider of 3D engine technology. Epic operates Fortnite, one of the world’s largest games with over 350 million accounts and 2.5 billion friend connections. Epic also develops Unreal Engine, which powers the world’s leading games and is also adopted across industries such as film and television, architecture, automotive, manufacturing, and simulation. Through Unreal Engine, Epic Games Store, and Epic Online Services, Epic provides an end-to-end digital ecosystem for developers and creators to build, distribute, and operate games and other content.
When is the Epic Games IPO date?
The exact date of Epic Games’ first public offering is presently unknown. Since the company’s founder and CEO owns the majority of the stock, it won’t go public until he says so. However, because Epic Games’ equity stockholders have grown to include more venture capital companies, a future IPO to allow private investors to pay out is increasingly likely. Private investors are patient, but they will require cash at some point.
Until one of two things happens, we won’t know the date:
– The timing range for Epic Games’ IPO has been leaked to the financial press.
– Epic Games’ S-1 filing is made public by the Securities and Exchange Commission (SEC).
Latest News on Epic Games IPO:
04/25/2022: Epic Games CEO Tim Sweeney talks the metaverse, crypto, and antitrust
04/11/2022: Sony and KIRKBI Invest in Epic Games to Build the Future of Digital Entertainment
04/07/2022: The LEGO Group and Epic Games Team Up to Build a Place for Kids to Play in the Metaverse
04/05/2022: How Epic Games is changing gaming—and maybe the metaverse
04/04/2022: Epic Games Raises $144 Million for Ukraine Aid
03/02/2022: Bandcamp is Joining Epic Games
02/16/2022: There are now more than 500 million Epic Games accounts
02/04/2022: How Sony can make a comeback in the console wars
11/23/2021: Epic Games acquires Rock Band maker Harmonix
11/04/2021: Fortnite to shut down in China as Beijing intensifies video game crackdown
10/08/2021: Apple asks judge to pause Epic Games antitrust orders as it appeals ruling
09/10/2021: Epic Games court ruling unlikely to seriously damage Apple’s services business
07/21/2021: Epic Games acquires Sketchfab, a 3D-model sharing platform
04/13/2021: Announcing a $1 Billion Funding Round to Support Epic’s Long-Term Vision for the Metaverse
03/21/2021: Fortnite-owner Epic Games worth $28bn as fundraising taps lockdown bonanza
01/05/2021: Fortnite Creator Is Buying a Dying Mall to Develop New Headquarters
08/13/2020: Fortnite vs. Apple and Google: Everything you need to know
08/06/2020: ‘Fortnite’ creator Epic Games is now valued at $17.3 billion after blockbuster funding deal
Funding History:
Apr 13, 2021: $1,000,000,000
Aug 6, 2020: $1,500,000,000
Jul 9, 2020: $250,000,000
Jul 1, 2020: $750,000,000
Oct 26, 2018: $1,300,000,000
Jun 19, 2012: $330,000,000
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