Atari CEO Wade Rosen has actually tried to acquire the business after it reported financial concerns.
The business just recently reported “a liquidity shortfall and additional financing requirements” in it’s half-year financial record, according to PC Gamer.
In a news release, Atari claimed that that a “friendly offer” had actually been “initiated to acquire control and increase the managing shareholder’s capacity to support the Company’s development ambitions”.
It proceeded that Atari’s CEO “intends to further strengthen his interest in Atari’s capital in order to support the Company with rolling out its transformation strategy”.
In Atari’s half-year financial report, released September 30, 2022, the business shared that “consolidated net income showed a loss of €5.4m for the period compared to a loss of €3.5m in H1 21/22”, pointing out “unpredictable …
