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Enthusiast Gaming Holdings Inc T.FIVE


Primary Symbol: T.EGLX Alternate Symbol(s):  EGLXF

Enthusiast Gaming Holdings Inc. is a Canada-based gaming media and entertainment company. The Company’s principal business activities are comprised of media and content, entertainment and esports. The Company’s digital media platform includes video gaming related websites, YouTube channels and a library of casual games. The Company’s esports division, Luminosity Gaming Inc. (Luminosity), is a global esports franchise that consists of professional esports teams under ownership and management, including the Vancouver Titans Overwatch team and the Seattle Surge Call of Duty team. The Company’s entertainment business owns and operates a mobile gaming event in Europe, Pocket Gamer Connects. Its subsidiaries include GameCo Esports Canada Inc., GameCo eSports USA Inc., Luminosity Gaming Inc., Luminosity Gaming (USA) LLC, Enthusiast Gaming Properties Inc., Enthusiast Gaming Inc., Enthusiast Gaming Live Inc., Enthusiast Gaming Media (US) Inc., TeachMe, Inc., Outplayed, Inc. and others.


TSX:EGLX - Post by User

Comment by foundalphaon May 04, 2021 10:09am
269 Views
Post# 33122728

RE:opinions please

RE:opinions pleaseEGLX just announced filing a base shelf prospectus to raise up to $250 million in the next 25 months. Did some research on what this could mean for the stock price. This type of prospective financing typically has the least negative impact. However, price may drop 5-10% in the next couple days, but likely recovers and goes higher within 2 weeks. No doubt they have big plans for acquisitions. Hexo Corp announced a similar-type registration mid-April.
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