The following notice applies to U.S. residents who owned shares in Next Games as of April 14, 2022.
In 2022, Netflix, Inc., a U.S. resident corporation and taxpayer, acquired all the outstanding shares of Next Games Oyj. Following the posting of this notice, Netflix, Inc. will make elections under Section 338(g) of the Internal Revenue Code of 1986, as amended (the “IRC”) with respect to the acquisition of Next Games Oyj. This communication serves as notice of an election under IRC § 338 for Next Games Oyj and Next Games GmbH. To access the full notice and related documents please see the attached.
Elections Under Section 338 for Corporations Making Qualified Stock Purchases (Part 1 of 2)
Elections Under Section 338 for Corporations Making Qualified Stock Purchases (Part 2 of 2)
Notice of IRC § 338 Election Pursuant to Treasury Regulations § 1.338-2(e)(4)