Animoca Brands acquires Stryking, creator ofFootball-Stars (for A$1.58m in shares at 10 cents, escrowed for 12 months + subject to restrictions after escrow and up to $3.15 million in earnouts in cash or shares)
- holds an official license from the Bundesliga, the top-tier German football league
- has a license from renowned German football club Bayern Munich, one ofthe most followed football teams globally with more than 60 million social media followers
- Stryking has a highly experienced management team of serial games and financeentrepreneurs, with multiple successful exits and IPOs.
- CEO exited previous company via a trade sale at a valuation ofUS$100 million in 2011. He was also the co-founder of the agency Torben, Lucie & die gelbeGefahr GmbH (TLGG), which was sold to Omnicom Group in 2015.
- CFO oversaw two initial public offerings (IPOs) in Germany with a total marketcapitalization of approximately €600 million: Pironet AG and Epigenomics AG.
Animoca Brands has completed a heavily oversubscribed strategic capital raise ofA$4.6m at 10 cents, a 4.2% premium to the 30-day VWAP and 1 for 2 oppies at 12.5 cents, subject to be held for 15 months
- Key international blockchain investors included Stellar Partners, Blocore, and Plutus VC
- top tier fund managers andinstitutions including Perennial Value Management, SG Hiscock, and existingshareholders Sun Hung Kai, Katherine Yip-Ribeiro (founder of Pacific Alliance Group andco-founder and partner of Vina Capital), and Moses Tsang (founder of Goldman SachsAsia Pacific)
- Australian gaming industry veteran Michael Ephriam (ex MD of Sony ComputerEntertainment (SCE) ANZ and VP SCE Europe), Simon Clausen (renowned tech investorand a current shareholder), and Yat Siu (chairman and co-founder) also participated inthe placement
Animoca with world renowned investors on board at premium prices and building out the EA of Blockchain: Racing, Baseball and Football... whats next!
Animoca Brands acquires Stryking, creator ofFootball-Stars (for...
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