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Enthusiast Gaming Holdings Inc V.FIVE


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

Communication Services Financial Services Asset Management Software - Application eGaming
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

Enthusiast Gaming Holdings Inc > Acquisition announcement
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Comment by Mews111on Aug 13, 2020 12:58pm
102 Views
Post# 31404033

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Acquisition announcement

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Acquisition announcement

No it doesn't say that. It says the bought deal is for 15M CDN at 1.50 of which 10M CDN and 18.25M shares is paid to Omnia for total consideration of 50M CDN. 


So that would be 18.25M shares for 40M CDN (net of the 10M cash payment) which is about 2.20 for the share portion to Omnia. 


 

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