AB1 0.00% 18.0¢ abarta resources limited

Veloce partners with NFT and blockchain gaming conglomerate Animoca Brands, page-29

  1. 257 Posts.
    lightbulb Created with Sketch. 46
    From July 2020. (Ties in with my previous post)

    https://www.techinasia.com/animoca-brands-raises-4m-ipo




    Doris Yu · 10 Jul 2020 · 2 min read

    Hong Kong’s Animoca Brands raises $4.1m ahead of another IPO

    Hong Kong-based Animoca Brands, an entertainment company specializing in blockchain and gaming, has secured US$4.1 million in strategic investments via convertible notes from investors including M7 Asia and Mind Fund.

    Photo credit: Animoca Brands

    Part of the new funds will be spent to support its new attempt to go public on Euronext or another public exchange by spinning off the assets of its subsidiaries Pixowl, TSB Gaming, nWay, and Quidd, Animoca Brands said in a statement.

    The company did an initial public offering in Australia in 2014, but it got delisted from the Australian Securities Exchange in March this year because of “certain governance items, involvement in cryptocurrency-related activities and substantial use of SAFEs issued by subsidiaries.”

    “We believe it is in the best interests of the company and of its shareholders for Animoca Brands to be listed on a public exchange, and we are pursuing available options,” Animoca Brands co-founder and chairman Yat Siu told Tech in Asia, adding that more information will be shared once available.




 
watchlist Created with Sketch. Add AB1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.