Coronavirus impact: 22 May - more fund raises for the desperate and thriving
Two companies exposed to the leisure and entertainment markets successfully raised new money to see them through the crisis while another’s Covid-19 testing related activities are in high demand. Who will be the long term winners?
Codemasters: Fast & Furious Crossroads launch updateRacing game Video game developer Codemasters (LON:CDM) has provided an update regarding the launch of Fast & Furious Crossroads game (F&F), the licensed IP game that is being developed by the recently acquired studio, Slightly Mad Studios, originally scheduled for release in May 2020. Agreement has now been reached to launch the F&F in the second quarter of the current financial year, being the three months to 30 September 2020 and this later launch date is not expected to have a material impact on its financial expectations for 2021. As our recent Premium Research commentary…