What this is
Set the Niantic/Scopely line against. The payout-share band is arithmetic on an assumed upper bound (Spatial valued at its $250m funding,).
The value
- Nintendo payout share band % of 3850: 5.7 to 6.1
Some detail is too fine to show here; it is kept in the trainer’s notes.
Where it comes from
Our calculation from other figures in the trainer’s notes:
- FiledA test of whether Nintendo received shares in Niantic Spatial, the company Niantic spun out in 2025
- FiledNiantic Spatial capitalisation, announced 12 March 2025$250m
- ReportedLegacy investors continue, announced 12 March 2025
- ReportedNiantic’s March 2025 statement that all its original investors would remain shareholders of Niantic Spatial, the company it kept after selling its games
Show the working
- 6.10% × (1 − 0.065) ≈ 5.70%