New Wave Esports Corp. Completes Acquisition of Even Matchup Gaming Inc.February 07, 2020
New Wave Esports Corp. (CSE: NWES) completed the acquisition of all of the issued and outstanding securities of Even Matchup Gaming Inc., a Toronto-based esports and competitive gaming event organizer, broadcaster, and player management company that facilitates online and live tournaments, for an aggregate of $1,230,000, payable in a combination of cash and common shares.
New Wave is an esports and competitive gaming company that provides capital and support services to esports organizations, teams, leagues, events, platforms, tools and technology innovators. In addition to Even Matchup Gaming, New Wave has a portfolio consisting of positions in Avatar One Esports Capital Corp., PlayLine, Talon Esports, Thunderbolt CDG and Tiidal Gaming.
Wildeboer Dellelce LLP acted for New Wave with a team that consisted of Michael Rennie and Carlye Bellavia (corporate/securities) and Katy Pitch and Colin Romano (tax).