Free-to-play mobile game rights with Funko, a leading pop culture lifestyle brand, and Universal Games and Digital Platforms are included in multi-year licensing agreements, enabling the opportunity for long-term growth.
Watch the trailer here.
Funko Pop! Blitz is a deeply engaging match-3 blitz character collection game featuring Funko Pop! versions of lovable characters across multiple iconic franchises in unique weekly events. The game currently features characters from a variety of franchises including,
"Funko Pop! Blitz will add to our portfolio of premium IP games, expand our mobile game genre offerings, and allow us to implement our expertise in live ops as we scale the game into the future. We are excited to add this high-quality game that melds pop culture's biggest entertainment franchises into a single experience and has already been very well received by players, especially among the massive fan base of over 30 million Funko collectors worldwide. The game, which utilizes an iconic global franchise, allows for increased scalability in line with our IP-first strategy," said
Pursuant to the acquisition terms, ESGG issued 419,389 common shares to a nominee of N3TWORK, among other consideration.
All ESGG common shares issuable to N3TWORK will be subject to a four month hold period pursuant to applicable securities laws.
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Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the proposed transactions described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.
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