Global Daily investor Ganschow acquires 28.58 M shares
Global Daily investor Ganschow acquires 28.58 M shares
2020-06-22 10:44 ET - News Release
An anonymous director reports
ACQUISITION OF SECURITIES GLOBAL DAILY FANTASY SPORTS INC.
Guido Ganschow has acquired 28,582,277 common shares of Global Daily Fantasy Sports Inc. at a deemed value of 15 cents per common share for total deemed consideration of $4,287,341 pursuant to the company's acquisition of Playgon Interactive Inc. as described in the company's press release dated June 19, 2020.
Prior to the financing, Mr. Ganschow held no securities of the company. After giving effect to the transaction between the company and Playgon, Mr. Ganschow has acquired ownership of, and control and direction over, 28,582,277 common shares representing approximately 16.23 per cent of issued and outstanding common shares in the capital of the company. These acquisition shares will be subject to resale restrictions, such that 12.5 per cent of the shares shall be released for sale on a quarterly basis following the initial six-month anniversary of the closing date.
Mr. Ganschow acquired ownership of, and control and direction over, the securities that triggered the requirement to file this press release. Mr. Ganschow may increase or decrease his beneficial ownership or control of securities in the company as circumstances arise.
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