--- title: Devolver Digital wants to cease public trading and go... description: Devolver Digital, the indie game publisher behind Hotline Miami and Baby Steps, is seeking to delist from the London Stock Exchange's Alternative Investment... canonical: https://daily.dev/posts/devolver-digital-wants-to-cease-public-trading-and-go-private-yfwkhn5iu twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Devolver Digital wants to cease public trading and go private | daily.dev og:description: Devolver Digital, the indie game publisher behind Hotline Miami and Baby Steps, is seeking to delist from the London Stock Exchange's Alternative Investment... og:url: https://daily.dev/posts/devolver-digital-wants-to-cease-public-trading-and-go-private-yfwkhn5iu og:image: https://api.daily.dev/og/posts/yfwkhN5IU.png og:image:alt: Devolver Digital wants to cease public trading and go private og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Devolver Digital wants to cease public trading and go private **[Game Developer](https://daily.dev/sources/gamedeveloper)** · 4 min read · 0 upvotes · 0 comments ## Summary Devolver Digital, the indie game publisher behind Hotline Miami and Baby Steps, is seeking to delist from the London Stock Exchange's Alternative Investment Market (AIM) and return to private ownership. The company cites a severe 'valuation disconnect' — its share price has collapsed 91% since its 2021 IPO at $939.8 million, leaving it valued at roughly $46 million today. Devolver argues that the unpredictable, long-tail revenue nature of indie game publishing is fundamentally incompatible with public markets' demand for predictable sequential growth. Going private is expected to save $1.6 million annually in AIM-related costs. If shareholders approve, the delisting is expected to complete on September 16, 2026, with up to $5 million returned to qualifying shareholders. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [How Devolver's focus on "small, creative, unique, risk-taking titles" paid off with the million-selling Ball x Pit](https://daily.dev/posts/how-devolver-s-focus-on-small-creative-unique-risk-taking-titles-paid-off-with-the-million-sell-nmsdh76r7) · GamesIndustry.biz · 3 upvotes · 0 comments - [The truth behind the resurrection of Poinpy](https://daily.dev/posts/the-truth-behind-the-resurrection-of-poinpy-retcyeb5v) · Game Developer · 1 upvotes · 0 comments - [Sony forecasts 11% profit lift and $3.2bn buyback](https://daily.dev/posts/sony-forecasts-11-profit-lift-and-3-2bn-buyback-3giyu1eob) · The Next Web · 1 upvotes · 0 comments - [Aream & Co: M&A activity dropped to $500m in Q4 2025](https://daily.dev/posts/aream-co-m-a-activity-dropped-to-500m-in-q4-2025-g4r5ebsyi) · GamesIndustry.biz · 0 upvotes · 0 comments --- [View this post on daily.dev](https://daily.dev/posts/devolver-digital-wants-to-cease-public-trading-and-go-private-yfwkhn5iu) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Devolver Digital wants to cease public trading and go private","url":"https://daily.dev/posts/devolver-digital-wants-to-cease-public-trading-and-go-private-yfwkhn5iu","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/devolver-digital-wants-to-cease-public-trading-and-go-private-yfwkhn5iu"},"datePublished":"2026-08-06T12:01:16.075Z","dateModified":"2026-08-06T12:02:18.084Z","description":"Devolver Digital, the indie game publisher behind Hotline Miami and Baby Steps, is seeking to delist from the London Stock Exchange's Alternative Investment...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/36c796e1f834385fcce016c19e191f20?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/36c796e1f834385fcce016c19e191f20?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"Game Developer","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"Game Developer","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/5fbb7418db8746769a45f55309bbdf13","url":"https://daily.dev/sources/gamedeveloper"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/devolver-digital-wants-to-cease-public-trading-and-go-private-yfwkhn5iu","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"Game Developer","item":"https://daily.dev/sources/gamedeveloper"},{"@type":"ListItem","position":3,"name":"Devolver Digital wants to cease public trading and go private"}]} ```