Winking Studios to acquire Shanghai Mineloader for $27.2m

The acquisition aims to enhance Winking Studios' operational capacity.

Winking Studios Limited has announced its proposed acquisition of Shanghai Mineloader Digital Technology Co., Ltd for RMB146m ($27.2m).

The acquisition aims to enhance Winking Studios' operational capacity and is expected to create opportunities for cross-selling and greater economies of scale.

The acquisition will be entirely funded through Winking Studios' internal cash resources, with completion anticipated by the end of Q2 2025

The payment structure includes an upfront payment of RMB131.4m ($24.5m), with the balance payable after five years, contingent upon meeting specific performance targets.

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