The beginning of a new history of CD-Action – start of share issue
CD-Action and PC Format magazines are launching an issue of shares, thanks to which everyone can become a co-owner of these iconic brands and support their development.
The main purpose of the collection is to obtain funds that will be allocated to the launch of modern websites compatible with all devices, as well as the employment of specialists to manage and develop this area of activity. Another goal is to create a comprehensively equipped studio for the production of video materials and recruit a creative team that will support the editorial office in regularly providing interesting and engaging content. The collected funds will also allow us to return to the high quality standards that characterized CD-Action and PC Format years ago, expand distribution channels and prepare an attractive subscription offer for readers.
– The first issue of CD-Action released by Fantasyexpo, is the beginning of changes for the better. Thanks to the issue of shares, we will be able to restore the quality that we expect from ourselves even faster and take further, decisive steps in the development of the magazine, website and YouTube channel – says Dawid Bojarski, editor-in-chief of CD-Action.
The crowdfunding campaign that allows you to become a co-owner of the warehouses was launched at nowecdaction.pl. On the website you can find all the details of this investment – primarily the model and business goals, as well as information on the composition of the new editorial office led by Dawid Bojarski.
The share issue is organized by the Fantasyexpo agency, which established a new company, Gaming Tech Esports Media SA, to achieve the goals of both brands (CD-Action and PC Format). The position of CEO at GTEM SA was taken by Lidia Ukleja, who has been associated with CD-Action for over 15 years.
– The plans are ambitious, but I am convinced that with the team that we’ve managed to complete, these activities will be successful – assures Krzysztof Stypułkowski, Co-Founder Fantasyexpo. – Currently, we want to obtain funds that will enable us to quickly start and achieve our goals. We believe that the issue of shares will help us make up for lost time, when both titles practically stood still. Having achieved this, we will definitely not rest on our laurels. We will still have to take care of development and follow trends that are progressing very quickly in this industry. We cannot allow a situation in which we will lead to another stagnation of these brands. The idea is to develop both brands so that they survive the next decades and that they set trends in their field.
The company is valued at PLN 8,000,000. Investors will hold 15.62% of the shares for the total amount of PLN 1,250,000. The shares will be available for purchase in one series, and the maximum issue period is three months.