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Though no confirmed release date, the development studio switched to Unreal Engine.Īfter years of little news surrounding the highly anticipated next installment of the popular franchise, Payday 3 finally received its first screenshot directly from the officially Payday Twitter account: For more information, please visit starbreeze.After years of little news, Payday 3 gets its first screenshot. Starbreeze including certain subsidiaries is, since December 3 2018, in reconstruction. Starbreeze shares are listed on Nasdaq Stockholm under the tickers STAR A and STAR B with the ISIN-codes SE0007158928 (A share) and SE0005992831 (B share).
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Housing the smash hit IP PAYDAY, Starbreeze develops games based on proprietary and third-party rights, both in-house and in partnership with external game developers.
#Payday 3 confirmed Pc#
Starbreeze is an independent developer, creator, publisher and distributor of PC and console targeting the global market, with studios in Stockholm, Barcelona and Paris. The information was submitted for publication, through the agency of the contact person set out above, at 15:15 CET on October 11, 2019. This information is information that Starbreeze AB is obliged to make public pursuant to the EU Market Abuse Regulation.
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What the company reports in this press release is not a forecast, but merely a cash flow estimate to enable creditors to form an opinion about the future repayment ability of Starbreeze. The letters will be followed by composition negotiations, after which the final reconstruction plan will be presented. As part of this work, the company will send letters to the creditors in the next few days with proposals for settlement. The reconstruction work is continuing and the company intends to present a reconstruction plan shortly. Corresponding assets are recognized in the consolidated balance sheet at SEK 333 million as of June 30, 2019. These assets (mainly IP rights for PAYDAY) have been valued at SEK 1,600 million. In the reconstruction work, one of the four major international accounting firms has also valued the company’s assets, which is the basis for the transfer of assets that has taken place to the subsidiary New Starbreeze Publishing AB. It is in New Starbreeze Publishing AB that the Group’s cash flows will be generated. IP rights make up the majority of the assets and have been transferred to New Starbreeze Publishing AB. Information on the ongoing reconstruction workĪs part of the reconstruction, assets and personnel attributable to the core business have been transferred to two new companies, New Starbreeze Publishing AB and New Starbreeze Studios AB. The payment to the creditors is estimated to be able to amount to approximately SEK 40 million. * In conjunction with the signing of these publishing agreements, the possibility of payment to the creditors is created in the ongoing reconstruction work. Publishing agreement for PAYDAY: Crime War concluded* during the first half of 2020 and an initial payment instalment is received, after which the continued development of the product is financed by the publishing partner.Publishing agreement for PAYDAY 3 concluded* during the first half of 2020 and an initial payment instalment is received, after which the continued development of the product is financed by the publishing partner.Release of PAYDAY 3 estimated to take place in 2022–2023.The cash flows in the graph above are based on the following expected events : The estimate of cash flows from operations for the coming four years is provided in the form of the following graph : The company estimates that these cash flows will be positive, based on expected new publishing agreements in 2020 and an expected release of PAYDAY 3 in 2022–2023. STOCKHOLM (October 11, 2019) – In light of the ongoing reconstruction work, Starbreeze AB (publ) provides an estimate of the business’s future cash flows from operations.
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