Atari: Two Divisions

Redeye maintains a positive view of Atari after the announcement that the company will create two divisions, Atari Gaming and Atari Blockchain. However, we do not raise our valuation as it is tough to predict the financial impact. We are cautiously optimistic and will keep an eye out for any indications that the Blockchain Division starts to bear fruit. Redeye reiterates its Base-case of SEK 3.6 per share..