Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Engine Media Holdings (MJ0) has issued an update.
FaZe Media Holdings, LLC, and its related entities have engaged in a significant stock transaction, selling over 5.7 million shares of their preferred stock to M40A3 LLC at $1.66 per share. The deal includes provisions for voting rights and additional purchase options, with half of the shares already transferred and the remainder expected to be completed by mid-August 2024. The agreement also outlines potential amendments to existing licensing arrangements should there be a change in voting control, demonstrating the strategic maneuvers taking place within the company’s structure.
For an in-depth examination of MJ0 stock, go to TipRanks’ Stock Analysis page.
