Snail Company

Snail Company: A Comprehensive Overview

1. Company Overview

Founding Date and Background

Snail, Inc. was founded in 2009, initially operating under the name Snail Games USA. The company has since evolved into a significant player in the interactive digital entertainment sector, focusing on the development, marketing, and publishing of video games across various platforms.

Parent Company/Ownership Structure

Snail, Inc. operates as a subsidiary of Olive Wood Global Development Limited. This structure allows Snail to leverage the resources and expertise of its parent company while maintaining its unique brand identity within the gaming industry.

Headquarters Location

The company is headquartered in Culver City, California, a hub for entertainment and technology that provides a strategic advantage in the competitive gaming market.

Global Business Scope

Snail, Inc. has a global reach, distributing its games and interactive content to consumers worldwide. The companys portfolio includes titles designed for consoles, personal computers, mobile phones, and tablets, catering to a diverse audience.

Main Regulatory Bodies

As a publicly traded company on the Nasdaq Capital Market under the ticker symbol SNAL, Snail, Inc. is subject to regulations from the U.S. Securities and Exchange Commission (SEC) and must comply with the rules set forth by the Nasdaq Stock Market.

Back to top

2. Company History and Development

Key Milestones

• 2009: Snail Games USA was founded, marking the beginning of its journey in the gaming industry.
• 2022: Snail, Inc. was incorporated in Delaware, transitioning to a holding company structure.
• 2023: The company held its first virtual annual stockholder meeting, showcasing its commitment to transparency and shareholder engagement.

Business Expansion Journey

Over the years, Snail has expanded its portfolio significantly, moving from a niche developer to a recognized name in the gaming industry. The company has launched several successful titles, including "Ark: Survival Evolved," "Last Oasis," and "Pixark," which have contributed to its growth and popularity.

Customer Base Growth

Snail, Inc. has experienced substantial growth in its customer base, with millions of players engaging with its games globally. The companys focus on quality and innovation has helped it attract and retain a loyal audience.

Platform Development History

The company has continuously evolved its platforms to accommodate the changing landscape of gaming. This includes optimizing games for various devices, from consoles to mobile platforms, ensuring a seamless user experience.

Important Awards or Recognitions Received

Snail, Inc. has received multiple awards for its innovative games and contributions to the gaming industry. While specific awards may vary by year, the company is recognized for its commitment to quality and creativity in game development.

Back to top

3. Trading Services Offered

Forex Trading Options

Snail, Inc. does not primarily focus on forex trading services. Instead, its business model revolves around video game development and publishing. However, the companys financial operations may include forex trading as part of its overall strategy to manage international sales and revenues.

Stock Trading Options

As a publicly traded entity, Snail, Inc. offers opportunities for investors to buy shares of its stock on the Nasdaq. Investors can trade Class A common stock under the ticker SNAL, providing a means for individuals to invest in the company's future growth.

CFD Trading Products

While Snail, Inc. does not directly offer Contracts for Difference (CFD) trading products, its financial performance and stock price can be traded through various brokerage platforms that provide CFD options.

Other Financial Instruments

Snail, Inc. primarily focuses on the gaming sector, and its offerings do not extend to cryptocurrencies or commodities trading. The company is dedicated to enhancing its gaming portfolio and expanding its market presence.

Special Services or Unique Advantages

One of Snail's unique advantages is its commitment to creating immersive gaming experiences backed by robust technology. The company invests in research and development to innovate its gaming platforms continually.

Back to top

4. Regulatory and Legal Background

Detailed Regulatory Information

Snail, Inc. is regulated by several bodies, including:

• U.S. Securities and Exchange Commission (SEC): Governs the companys compliance with federal securities laws.
• Nasdaq Stock Market: Enforces compliance with listing standards and corporate governance requirements.

Legal Entity Structure by Region

Snail, Inc. is incorporated in Delaware, a state known for its business-friendly regulations. The company operates primarily in the United States but has a global presence through its game distribution channels.

Client Fund Protection Measures

As a publicly traded company, Snail, Inc. adheres to strict financial regulations that protect investor interests. This includes maintaining transparent financial reporting and compliance with SEC guidelines.

Countries/Regions Served

Snail, Inc. serves a global market, distributing its games in various countries and regions, including North America, Europe, and Asia. The companys international strategy allows it to tap into diverse gaming markets.

Compliance History

Snail, Inc. has maintained a clean compliance record, adhering to regulatory requirements and ensuring transparency with its shareholders. The company actively engages with regulatory bodies to ensure continued compliance.

Back to top

5. Competitive Landscape

3-5 Main Competitors

• Activision Blizzard: A leading player in the gaming industry, known for popular franchises like Call of Duty and World of Warcraft.
• Electronic Arts (EA): A significant competitor with a diverse portfolio, including sports, action, and simulation games.
• Ubisoft: Renowned for its innovative game titles and franchises, including Assassin's Creed and Far Cry.

Positioning in the Industry

Snail, Inc. positions itself as a developer of unique and immersive gaming experiences, focusing on quality and innovation. While it may not compete directly with industry giants, its niche offerings appeal to a dedicated audience.

Market Differentiation Factors

Snail, Inc. differentiates itself through its commitment to creativity and quality in game development. The companys focus on innovative gameplay mechanics and engaging storylines helps it stand out in a crowded marketplace.

Back to top

Conclusion

Snail, Inc. has established itself as a notable player in the interactive digital entertainment industry. With a solid foundation, a growing customer base, and a commitment to innovation, the company is well-positioned for future growth in the competitive gaming landscape.

For more information about Snail, Inc., visit their official website or check out their latest game releases and updates. Learn more.