London-based organisation Guild Esports has unveiled its intentions to launch an IPO on the London Stock Exchange.
The organisation launched on June 25th with former footballer David Beckham as a co-owner.
Guild Esports has tapped Mirabaud Securities and Zeus Capital to serve as joint brokers and bookrunners for the transaction. Should the offering go as intended, in which it would list ordinary shares to the Standard Listing segment of the London Stock Exchange, the organisation will use the funds to expand into new titles and further invest in its brand.
At the time of writing, Guild Esports competes in Psyonix’s Rocket League and EA SPORTS’ FIFA, though it’s looking to expand into Valve’s Counter-Strike: Global Offensive and Epic Games’ Fortnite.