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GAMESQUARE

GameSquare’s mission is to revolutionize the way brands and game publishers connect with hard-to-reach Gen Z, Gen Alpha, and Millennial audiences.

 


Bullboard - Investor Discussion Forum GameSquare Holdings Inc. GAME

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GameSquare Holdings, Inc. is a vertically integrated, digital media, entertainment and technology company. It connects global brands with gaming and youth culture audiences. Its end-to-end platform includes Gaming Community Network (GCN), a digital media company focused on gaming and esports audiences, Swingman LLC, doing business as Zoned, a gaming and lifestyle marketing agency, Code Red... see more

NDAQ:GAME - Post Discussion

GameSquare Holdings Inc. > GameSquare Announces Sale of Complexity Gaming
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Post by Betteryear2 on Mar 01, 2024 7:22am

GameSquare Announces Sale of Complexity Gaming

Sale follows a 175+% increase in Complexity's sales from 2021 - 2022 under GameSquare's ownership
Transaction is part of GameSquare's asset optimization strategy that is associated with its pending acquisition of FaZe Holdings

FRISCO, TX / ACCESSWIRE / March 1, 2024 / GameSquare Holdings, Inc. (NASDAQ:GAME)(TSX.V:GAME), ("GameSquare", or the "Company"), today announced that it has sold its esports team NextGen Tech, LLC d/b/a Complexity Gaming ("Complexity") to Global Esports Properties, LLC ("Global Esports"), an investor group led by Complexity's founder and CEO Jason Lake for total consideration of US$10.36 million. GameSquare and Complexity signed a Membership Interest Purchase Agreement dated as of March 1, 2024, and the transaction is anticipated to close shortly upon the satisfaction of a closing condition to receive TSXV approval for the transaction.

GameSquare Announces Sale of Complexity Gaming to Jason Lake and Global Esports Properties for US$10.36 Million (accesswire.com)

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Investment Opportunity

Exponential Growth Potential – GameSquare is uniquely positioned within the rapidly expanding esports and gaming industry, which is expected to continue to grow exponentially in the coming years.
 

Diversified Revenue Streams – With multiple revenue streams, including software licensing, marketing technology, media monetization and creative agency, GameSquare mitigates the risks and provide stable and predictable revenue streams unlike a pure agency.
 

Faze Clan – Ownership of the leading global brand in esports and gaming presents numerous opportunities to extract additional value to drive top line growth



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