Press Releases
ThinkEquity LLC acts as Co-Manager on Zoo Entertainment Inc.'s Follow-On Offering
SAN FRANCISCO, July 7, 2010 — ThinkEquity LLC — A Panmure Gordon Company, a leading investment banking boutique focused on growth companies and their investors, is pleased to announce the completion of the follow-on offering of stock for Zoo Entertainment, Inc. (NASDAQ: ZOOG) on July 7, 2010.
The Company issued 1,600,000 shares of common stock at a price of $6.00 per share raising gross proceeds of approximately $9.6 million. ThinkEquity LLC acted as a Co-Manager in this transaction.
Zoo is a publisher of packaged video games, mostly focused on the value segment. To keep costs under control, the company conceives games in-house and outsources game development to third-party developers. The company has an agreement with a number of well-known brands and celebrity licenses. The company sells its games via distributors and directly to the traditional and non-traditional games retailers. The company publishes games on major consoles, PC, and mobile handheld. The company is now aggressively pursuing a digital strategy with the launch of indiePub Games, a portal to publish online free-to-play games, and publishing downloadable games. The company is headquartered in Cincinnati, Ohio, was founded in 2003, and merged with Zoo Games (founded in 2007) in 2008.
The securities describe above were offered by Zoo Entertainment Inc. pursuant to a S1 registration statement previously filed with and declared effective by the Securities and Exchange Commission on June 30, 2010. The final prospectus is available at the SEC's website at http://www.sec.gov, or by contacting ThinkEquity LLC at 600 Montgomery Street, 3rd Floor, San Francisco, CA 94111, Attn: Prospectus Department 415-249-2935.
ThinkEquity Contact:
Janet Faleski
Managing Director
T: 212.468.7083
E: jfaleski@thinkequity.com
Media enquiries:
Nathaniel Webb
Group Communications and Investor Relations Director
T: +44 20 7614 8333
E: nathaniel.webb@panmure.com
About ThinkEquity LLC — A Panmure Gordon Company
Focused on the growth sectors of the economy, ThinkEquity provides research, equity financing, M&A advisory, institutional sales and trading, wealth management and asset management services to institutional investors, corporate and private clients, venture capitalists, entrepreneurs and financial sponsors. As a Panmure Gordon company, ThinkEquity accesses the combined financial expertise of professionals based in San Francisco, New York, Boston, Chicago, London, Liverpool and Geneva. Research-driven, we remain true to our founding principles: the power of growth, focus, deep domain expertise and people. www.thinkequity.com
About the Panmure Gordon Group
Founded in 1876, Panmure Gordon & Co. (PMR.L) is a leading independent institutional stockbroker and investment bank. Encompassing its US franchise, ThinkEquity, LLC, the Group employs approximately 240 professionals across the US, the UK, Singapore and Nyon, Switzerland, offering a blend of transatlantic financial services including research, sales and trading, wealth management and asset management. www.panmure.com