Red 5 Studios Newswire

Red 5 Studios Newswire

Comprehensive Real-Time News Feed for Red 5 Studios.

Results 1 - 11 of 11 in Red 5 Studios

  1. The9 Signs Definitive Agreement Regarding Share Exchange of Red 5Read the original story

    Apr 28, 2016 | PressReleasePoint

    Shanghai, China - April 28, 2016.The9 Limited , an online game operator, today announced that it has signed a definitive agreement with L&A International Holding Limited, a Cayman Islands company with shares listed on the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited under stock code 8195 , and certain other equity holders of Red 5, to exchange approximately 30.6% equity interest that it owns in its subsidiary Red 5 Studios, Inc. for 153,896,387 newly issued shares of L&A. The Company currently owns approximately 63.4% equity interest in Red 5 on a fully diluted basis.

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  2. The9 Signs Definitive Agreement Regarding Share Exchange of Red 5Read the original story

    Apr 28, 2016 | Digital Game Developer

    ... 30.6% equity interest (on a fully diluted basis, the "Swapped Red 5 Interest") that it owns in its subsidiary Red 5 Studios, Inc. ("Red 5") for 153,896,387 newly issued shares of L&A. The Company currently owns approximately 63.4% equity interest in ...

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  3. The9 Limited Announces Potential Share Exchange TransactionRead the original story

    Mar 15, 2016 | PressReleasePoint

    Shanghai, China - March 15, 2016.The9 Limited , an online game operator, today announced that it has entered into a memorandum of understanding with L&A International Holding Limited, a Cayman Islands company with shares listed on the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited under stock code 8195 , and certain other shareholders of Red 5, to exchange approximately 30.6% equity interest that it owns in its subsidiary Red 5 Studios, Inc. for such number of newly issued shares of L&A which has the same value as the Swapped Red 5 Shares.

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  4. The9 Limited Announces Potential Share Exchange TransactionRead the original story

    Mar 15, 2016 | Digital Game Developer

    ... to exchange approximately 30.6% equity interest (the "Swapped Red 5 Interest") that it owns in its subsidiary Red 5 Studios, Inc. ("Red 5") for such number of newly issued shares of L&A which has the same value as the Swapped Red 5 Shares. The ...

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  5. Obituary: Video game voice actor, American Gladiator Lee RehermanRead the original story w/Photo

    Mar 1, 2016 | Gamasutra

    Gamasutra has learned today that performer Lee Reherman, whose career spanned appearances in film, television and video games, recently passed away unexpectedly. The circumstances of his passing are unclear, as the news comes courtesy of a brief public memorial published by his PR company, Turk PR.

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  6. New Game: FirefallRead the original story w/Photo

    Jan 29, 2016 | MobyGames

    Firefall is a massive multiplayer online shooter that takes place in a far future South America after several disastrous events have struck Earth. First a collision with an asteroid in 2178 leads to a new dark age that causes the collapse of the large governments.

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  7. Red 5 Studios Is Apparently Having Some Serious Issues, Get The DetailsRead the original story w/Photo

    Dec 28, 2015 | Cinema Blend News

    While most everyone on Christmas morning awoke to find presents under the tree and stockings stuffed with joy, the employees at Red 5 Studios woke up hoping to find a wonderful Christmas payday in their bank accounts. But, they found something else, which was much more disturbing.

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  8. Sources: Game Studio Red 5 Misses Payroll On Christmas [UPDATE]Read the original story w/Photo

    Dec 28, 2015 | Kotaku

    Video game development studio Red 5, best known as the company behind the online game Firefall, missed payroll last week and could not pay its staff on Christmas day, according to several people familiar with goings-on there. One source close to the studio, requesting anonymity so as not to endanger their career, shared messages and Facebook posts from several employees saying they were not paid last week.

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  9. Quality Event Limited Has 13.2% Stake in The9 LimitedRead the original story w/Photo

    Dec 21, 2015 | AmericanBankingNews.com

    Quality Event Limited recently revealed that they own a 13.2% stake in The9 Limited in a Schedule 13G disclosure that was filed with the SEC on Monday, December 21st. The investor owns 4,393,159 shares of the stock worth about $16,078,962.

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  10. Red 5 Studios responds to layoff reportsRead the original story w/Photo

    Nov 24, 2015 | GamesIndustry.biz

    Firefall developer Red 5 Studios has responded to reports that it has made significant staff cuts, with around 40 people let go. Red 5 didn't offer any clarification on those numbers.

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  11. Firefall Developer LayoffsRead the original story

    Nov 24, 2015 | Blue's News

    ... g AAA games and bringing the best game experience to its audiences. We appreciate your inquiry and interest in Red 5 Studios and Firefall as we take it worldwide on multiple platforms."

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