Atari CEO Wade Rosen made an offer to acquire Atari after it reported financial problems. According to PC Gamer, the company recently reported a “liquidity shortage and additional financing needs” in its semi-annual financial report. In Atari’s semi-annual financial report, published on September 30, 2022, the company reported that “consolidated net profit showed a loss of €5.4 million for the period compared to a loss of €3.5 million in the first half of 21/22. One of the big reasons for its losses this half-year was the Atari VCS console, sales decreased from €2.3 million to €0.2 million. Atari entered into the blockchain territory in 2021, but terminated its project earlier this year after a falling out with its crypto business partner ICICB group.
news source: NME.com / image source: wallhere.com