Ubisoft is facing increasing pressure from its minority shareholder AJ Investments, which describes the company as “horribly mismanaged” and demands drastic changes in its leadership. In a recent statement, the CEO of AJ Investments, Juraj Krupa, criticized Ubisoft’s lack of communication regarding alleged acquisition talks with industry giants like Microsoft and EA. Krupa argues that this lack of transparency has harmed the company’s stock value, fundamentally affecting retail investors.
AJ Investments believes that things are not being done correctly
As a result of accumulated frustration, AJ Investments plans to organize a protest at Ubisoft’s office in Paris to raise its concerns about the company’s management. The firm has also expressed that Ubisoft needs to present a clear roadmap for its recovery, especially after the announcement of the delay of the highly anticipated release of Assassin’s Creed Shadows until March 20, which has caused an additional decrease in stock value.
Ubisoft, for its part, has reiterated that it is in a process of strategic review regarding transformation and capital options, but it does not plan to make public announcements until there are concrete developments. Among the rumors circulating, it is mentioned that it could be in talks with Tencent about financing, although the details are not clear at this time. Krupa also indicated that if Ubisoft’s strategic review leads to an outcome that increases shareholder value, the protest could be canceled.
Last year has been tumultuous for Ubisoft, marked by massive layoffs, studio closures, and the cancellation of projects like XDefiant. The pressure from investors could pose a turning point for the company, which faces the challenge of adapting to a rapidly evolving market environment.
