Mobile-Game Maker Jam City to List In $1.2 Billion SPAC Deal (2)

May 20, 2021, 3:45 PM UTC

Jam City Inc., the developer behind mobile games including “Cookie Jam” and “Disney Pop Town,” has agreed to go public in a deal with a blank-check company.

As part of the transaction, Jam City is acquiring Montreal-based game publisher Ludia Inc., according to a statement Thursday, which confirmed an earlier Bloomberg News report. The two companies will combine with DPCM Capital Inc., the special purpose acquisition company set up by a former Uber Technologies Inc. executive, Jam City said in the statement.

The combined company will have a valuation of $1.2 billion including debt, the statement ...

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