TGS Esports Inc. (TSXV:TGS) entered into a letter of agreement to acquire Even Matchup Gaming Inc. (‘EMG') New Wave Holdings Corp. (CNSX:SPOR) for CAD 1.1 million on April 21, 2021. As of June 7, 2021, TGS Esports Inc. signed a definitive agreement to acquire Even Matchup Gaming Inc. The purchase price will be paid via the issuance of up to 5.5 million common shares of TGS to EMG. Joseph Cribari, Chief Executive Officer of EMG will enter into an employment agreement with TGS providing that Joseph Cribari will be employed with a title to be determined for a minimum period of two years from the date of closing of the acquisition with TGS. Completion of the acquisition remains subject to a number of conditions, including: (i) the negotiation of a definitive agreement, (ii) the completion of satisfactory due diligence, (iii) the approval of the boards of directors of TGS and EMG, (iv) obtaining all required consents, waivers and approvals, including the approval of the TSX Venture Exchange, and (vi) other customary closing conditions.

TGS Esports Inc. (TSXV:TGS) completed the acquisition of Even Matchup Gaming Inc. from New Wave Holdings Corp. (CNSX:SPOR) on June 24, 2021.