Hahaha what did i tell you. Same as every time. We are looked after with a premium raise and by massive names
● Animoca Brands has entered into a binding term sheet to acquire 100% of Stryking Entertainment for an upfront consideration of €1m (~A$1.58m) payable in shares
● Stryking is a leading Germany-based company and the operator of the popular fantasy sports game Football-Stars
● Stryking holds an official license from the Bundesliga, the top-tier German football league, for the right to use all club logos and player pictures
● Stryking also has a license from renowned German football club Bayern Munich, one of the most followed football teams globally with more than 60 million social media followers
● Stryking has a highly experienced management team of serial games and finance entrepreneurs, with multiple successful exits and IPOs
● Football-Stars will add blockchain gaming elements, starting with the integration of a collectible game using NFTs centered around real football players and clubs
● The acquisition adds to the Company’s licencing arrangements with major international sports brands, which also include Formula 1® and Major League Baseball
● Animoca Brands has completed a heavily oversubscribed strategic capital raise of A$4.6m at a 4.2% premium to the 30-day VWAP from international blockchain investors, Australian institutional investors, and existing shareholders
● Key international blockchain investors included Stellar Partners, Blocore, and Plutus VC
● Animoca Brands received considerable support from top tier fund managers and institutions including Perennial Value Management, SG Hiscock, and existing shareholders Sun Hung Kai, Katherine Yip-Ribeiro (founder of Pacific Alliance Group and co-founder and partner of Vina Capital), and Moses Tsang (founder of Goldman Sachs Asia Pacific)
● Australian gaming industry veteran Michael Ephriam (ex MD of Sony Computer Entertainment (SCE) ANZ and VP SCE Europe), Simon Clausen (renowned tech investor and a current shareholder), and Yat Siu (chairman and co-founder) also participated in the placement
Hahaha what did i tell you. Same as every time. We are looked...
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