Fig Publishing announces approval from the U.S. Securities and Exchange
Commission to offer shares in
Psychonauts 2, adding an investment element
to their crowdfunding concept. Word is, "With this qualification, Fig will be
the first and only company to allow all fans the opportunity to support and earn
a return based on a single game’s sales through Fig Game Shares. This
qualification paves the way for Fig to create and register new Fig Game Shares
for its other games." Coincidentally, they also offer a new
Story of Fig video
discussing their origins. Here's more on how this will work:
The
Psychonauts 2 Fig crowdfunding campaign garnered more than $3.8 million in
rewards funding and investment reservations from 24,100 fans who rushed to back
the sequel to the critically-acclaimed title from developer Double Fine
Productions, pledging their support for rewards or registering their investment
interest. Now that the SEC has qualified Fig Publishing, Inc.’s offering
statement, fans who registered their investment interest will be able to buy
their Fig Game Shares. Fig Publishing, Inc. will soon reach out to investors
with details to complete their investments online at fig.co. Backers should
review or re-review the offering circular for Fig Game Shares—PSY2 that will be
available on Fig’s website and the SEC's website.