- June 22, 2021
- Posted by: Stratford Team
- Category: Business
LAS VEGAS & MANHATTAN BEACH, Calif.–(BUSINESS WIRE)–PLAYSTUDIOS, Inc. (“PLAYSTUDIOS” or the “Company”), an award-winning developer of free-to-play casual mobile and social games that offer real-world rewards to loyal players, announced today that it has completed its previously announced business combination (the “Business Combination”) with Acies Acquisition Corp. (Nasdaq: ACAC, ACACU, ACACW) (“Acies”). The Business Combination was approved at a special meeting of Acies’ shareholders on June 17, 2021 and the combined company changed its name to PLAYSTUDIOS, Inc.
Beginning on Tuesday, June 22, 2021, PLAYSTUDIOS’ Class A common stock and warrants will trade on the Nasdaq under the ticker symbols “MYPS” and “MYPSW,” respectively. With approximately $220 million in cash1, PLAYSTUDIOS is poised to accelerate the company’s growth initiatives, which include substantially expanding product development and…