ESports Technologies, Inc. acquired Global E-Sports Entertainment Group, LLC from Black Chip Holdings, Crossover LLC, EBJT Management LLC, Aaron Speachless Entertainment LLC and Crimson Consulting & Trade LLC.
December 09, 2020
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eSports Technologies, Inc. entered into an exchange agreement to acquire Global E-Sports Entertainment Group, LLC from Black Chip Holdings, Crossover LLC, EBJT Management LLC, Aaron Speachless Entertainment LLC and Crimson Consulting & Trade LLC on September 24, 2020. eSports issued 7.34 million common stock as part of the consideration. Of the foregoing shares issued (i) Black Chip Holdings received 2,125,667 shares; (ii) Crossover LLC received 1,262,684 shares; (iii) Crimson Consulting & Trade LLC received 1,258,250 shares; (iv) EBJT Management LLC received 1,729,484 shares; and (v) Aaron Speachless Entertainment LLC received 500,000 shares.
eSports Technologies, Inc. completed the acquisition of Global E-Sports Entertainment Group, LLC from Black Chip Holdings, Crossover LLC, EBJT Management LLC, Aaron Speachless Entertainment LLC and Crimson Consulting & Trade LLC on September 24, 2020.
EBET, Inc. operates platforms to provide a real money online gambling experience focused on i-gaming, including casino, sportsbook, and esports events. The Company operates under a Curacao gaming sublicense and under a strategic partnership with Aspire Global plc (Aspire), allowing the Company to provide online betting services to various countries around the world. The Company operates online casino and sportsbook brands consisting of Karamba, Hopa, Griffon Casino, BetTarget, Dansk777, and GenerationVIP. It operates six online wagering brands, through Websites and mobile applications, where it accepts deposits and funds from its customers and offer its customers the ability to use those funds to wager on slot and table games, live casino games as well as virtual sport computer simulated games and sports betting. The Company is focused on bringing better i-gaming products to market in order to cater to the Millennial and Gen-Z demographics in the wagering space.
ESports Technologies, Inc. acquired Global E-Sports Entertainment Group, LLC from Black Chip Holdings, Crossover LLC, EBJT Management LLC, Aaron Speachless Entertainment LLC and Crimson Consulting & Trade LLC.