What is Epic Games?

Epic Games is a powerhouse in the world of gaming, renowned for creating blockbuster titles and pioneering the cutting-edge Unreal Engine technology. Founded in 1991 by Tim Sweeney, Epic Games has built an impressive portfolio, with games like "Fortnite," "Gears of War," and "Infinity Blade" capturing the hearts of millions. "Fortnite," in particular, has become a cultural phenomenon, blending battle royale gameplay with innovative events and crossovers. Beyond games, Epic Games empowers developers worldwide through the Unreal Engine, a versatile toolset for creating stunning visuals and immersive experiences. With a vision for the future, Epic continues to push boundaries, shaping the landscape of gaming and interactive entertainment.

What it’s done so far

Epic Games has several key achievements that have significantly impacted the gaming industry:

1. Fortnite's Phenomenal Success: Launched in 2017, Fortnite quickly became a global sensation, with its unique blend of battle royale gameplay, creative modes, and frequent in-game events. It has amassed millions of players and generated significant revenue through its free-to-play model with in-game purchases.
2. Unreal Engine: Epic Games' Unreal Engine is one of the most powerful and widely used game development platforms. It has set industry standards for graphics and performance, being utilized in various sectors beyond gaming, including film, television, and virtual reality.
3. Epic Games Store: Launched in 2018, the Epic Games Store challenged the dominance of existing digital storefronts by offering better revenue shares for developers and providing free games to users, attracting a large user base.
4. Acquisition of Psyonix: In 2019, Epic Games acquired Psyonix, the developers behind the popular game Rocket League. This acquisition strengthened Epic's portfolio and expanded their influence in the gaming community.
5. Investment in Metaverse: Epic Games is actively investing in the development of the metaverse, a shared virtual space that combines augmented reality, virtual reality, and the internet. Their vision for the metaverse includes immersive experiences and social interactions, pushing the boundaries of what digital entertainment can be.

Commitment Raise

As we are still in the final discussion on a price per share, we are asking wholesale investors to submit their indicative 'Commitment' which allows investors to indicate how much allocation they would like.

Then before closing the round, we will have the final pricing so investors have the option to continue or withdraw their offer.

The final price and number of shares purchased will be published before you are asked to pay. If you don't want to continue, please log into your account and withdraw your order before the end of the raise. You can withdraw your order from the "My orders" tab in your account.

Special Purpose Vehicle – Net Equity Nominee 1 Limited (NE3)

NE3 is a special purpose vehicle (SPV) to pool investor funds to meet the minimum requirements to buy into this transaction. NE3 is a limited liability company with one director being David Armstrong of Net Funds.

The intrinsic value of the shares in NE3 are directly linked to the value of EPIC Games in the event of a secondary market trade, because EPIC Games shares will be the only asset held by NE3. A constitution is in place with NE3 to protect shareholders as the entity cannot be used for any other purposes.

Where trading on the Catalist platform is described as a "capital raise" or "commitment", the exact number of shares in NE3 that will be issued to you will depend upon the final number of EPIC Games shares that NE3 is able to purchase with your investment (after taking into account fees and currency conversion costs). The number of shares in NE3 you will hold will be confirmed in your settlement statement when the new shares are issued to you.

In the event an investor wishes to sell their stake in NE3 then the Director will to their best ability obtain an updated valuation from the secondary markets. In that event using the Catalist platform we can go to other investors or existing shareholders in NE3 to sell your stake but cannot guarantee demand.

Where trading on the Catalist platform is described as "secondary market", existing investors can offer their shares for sale and new buyers can bid to buy the shares. Although the purpose of any secondary market auctions is to give existing investors the opportunity to trade their shares, if there is more demand to buy new shares than the supply of shares from existing shareholders, NE3 may decide to issue additional shares at the clearing price established by the auction in order to satisfy excess buy orders and ensure prospective investors don’t miss out.