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Bullboard - Stock Discussion Forum
Enthusiast Gaming Holdings Inc
T.EGLX
Alternate Symbol(s):
EGLXF
Communication Services
Financial Services
Asset Management
Software - Application
eGaming
Enthusiast Gaming Holdings Inc. is a gaming media and entertainment company. The Company operates in one industry segment, being digital media and entertainment. Its principal business activities are comprised of media and content, esports and entertainment and subscription. The Company's digital media platform includes its flagship video gaming related owned and operated websites, content...
channels including YouTube and casual games, where the Company derives the vast majority of its media and content revenue. The Company's esports and entertainment business, includes Luminosity Gaming Inc. (Luminosity Gaming), a global esports franchise that consists of professional esports teams under ownership and management, and Pocket Gamer Connects, global mobile gaming events. It has fully owned teams competing in Apex Legends, Overwatch, Super Smash Bros: Ultimate, Brawl Stars, and Pokemon Unite.
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TSX:EGLX - Post Discussion
Enthusiast Gaming Holdings Inc
> Enthusiast Gaming Secures $20 M Term Loan To Fuel Growth
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•••
Betteryear2
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Post by
Betteryear2
on Jul 15, 2024 7:36am
Enthusiast Gaming Secures $20 M Term Loan To Fuel Growth
LOS ANGELES, July 15, 2024 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (TSX: EGLX) (“
Enthusiast Gaming
” or the “
Company
”), a leading gaming and media company, announced today that it has received a $20 million four-year non-revolving term loan (the “
Term Loan
”). The financing was arranged pursuant to a credit agreement (the “
Credit Agreement
”) with lenders (the “
Lenders
”) led by Beedie Investments Ltd. (“
Beedie Capital
”), which is also the administrative and collateral agent.
Enthusiast Gaming Secures $20 Million Term Loan To Fuel (globenewswire.com)
(69)
•••
Puma1back
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Comment by
Puma1back
on Jul 15, 2024 9:43am
Well, zero has been dodged- this new mgmt group produced the lowest qttly loss in history of stock - presumably there is a pretty clear path to positive cash flows
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