The developers of the game, which is expected to present plans IPO regulators on Friday, wants to raise $ 900 million, according to the price range of shares of $ 8 to $ 10, sources told Reuters. The shares are scheduled to price on December 15.
The $ 10 billion valuation less than $ 15 million and U.S. $ 20 billion, which some expect the company is valued, TechCrunch mentioned. Zynga is shown in the SEC filing two weeks ago an independent company determined a value of $ 14.05 billion.
Zynga representative declined to comment.
The valuation low probably due to concerns in the stock market and investor concerns about the company. Zynga interest method of accounting for the Securities and Exchange Commission, said that the company stop using some "non-traditional measures of accounting" in the files of type. He also expressed concern about Zynga says it will rely on a small number of customers who pay most of their sales.
Launched in 2007, Zynga has become a force for social gaming titles online with as popular as Farmville, CityVille, and FrontierVille. The company offers several games through Facebook, but also provides some of the different mobile platforms
Zynga Go Public Valuation Below Analyst Estimation
