What this is
What Niantic’s shareholders were set to receive from the 2025 sale of its games business to Scopely: about $3.85bn.
How it’s built
- Stated in Niantic’s March 2025 announcement of the sale and the creation of Niantic Spatial.
What we assumed
Nothing. The figure is used as published.
Sanity check
Part of that may have been paid as a $350m extra distribution rather than sale proceeds; the legal form is not disclosed.
Where it comes from
Niantic next chapter (announcement of Scopely sale and Niantic Spatial) Niantic, Inc. · 12 March 2025 Open the original ↗
The line in the source
yielding a total value of approximately $3.85 billion for Niantic equity holders