on ATARI (EPA:ATA)
Atari Plans Move to Luxembourg and Reverse Stock Split
Atari, a renowned entertainment brand, intends to relocate its legal domicile from France to Luxembourg, reflecting its expanding European influence. This decision aligns with the recent acquisition of Thunderful. The transition, expected by July 2026, is part of a cross-border transformation, adapting Atari's legal structure to Luxembourg's supportive regulatory environment. An extraordinary general meeting of shareholders will be called to approve this move.
Additionally, Atari plans a reverse-stock split, consolidating 200 shares into one, aiming to stabilize share volatility and enhance trading efficiency. This change will be executed by mid-2026, maintaining shareholder value.
R. H.
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