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Microsoft's Double Fine acquisition results in early Psychonauts 2 investor payout

Rate is higher than original promise, but eliminates chance to earn more on greater success

Those who invested in Psychonauts 2 will be getting a guaranteed payout on the game thanks to the Microsoft purchase of Double Fine -- and ahead of schedule, too.

As reported by Destructoid, a message sent to Psychonauts 2 Fig investors states that payments will arrive in mid-September, with every $500 share receiving a 139% return -- $696.00 total per share.

In addition, the dividend rate paid to investors on the proceeds from the buyout of Double Fine by Microsoft will be 85% -- higher than the minimum promised rate of 70%.

The full statement sent to Fig investors is as follows:

"As you may already know, Double Fine has recently announced it is joining the Microsoft family -- we are excited for them to start the next stage in their journey of making unique and creative games and can't wait to see what they do next. As a part of this transition, Microsoft has also purchased Fig's publishing rights for Psychonauts 2, for a price of $1,035,000, which will provide a positive return to all investors in Fig Game Shares -- PSY2 prior to the game even launching! Fig will also be paying out a dividend rate of 85% on the proceeds of this buyout to investors instead of the 70% listed in the offering circular for Fig Game Shares -- PSY2.

"Our goal has been to get fans involved in the financial funding and growth of the games that they love while providing for the opportunity to also participate in the financial returns. We are thrilled to be able to provide a positive return to passionate gamers who so generously contributed to this project! Based on proceeds from this deal, we will be making a first and final dividend of $696.00 per share (a 139% return on each $500 share) around September 18th of this year. As an investor in Fig Game Shares - PSY2, you have helped support Double Fine and the development of Psychonauts 2. The game simply would not be what it is without you."

While the revenue is coming early and at a higher rate of return than projected, it does mean that the rate will be set before the game's launch. That means if the game sells even better, investors will not receive the resulting dividends -- though on the flip side, they also won't be hurt by the losses if it does poorly.

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Rebekah Valentine avatar
Rebekah Valentine: Rebekah arrived at GamesIndustry in 2018 after four years of freelance writing and editing across multiple gaming and tech sites. When she's not recreating video game foods in a real life kitchen, she's happily imagining herself as an Animal Crossing character.
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