tiprankstipranks
GameOn Sells Platform, Shifts to Web3 Innovation
Company Announcements

GameOn Sells Platform, Shifts to Web3 Innovation

Story Highlights

GameOn Entertainment Technologies (TSE:GET) has released an update.

Don't Miss our Black Friday Offers:

GameOn Entertainment Technologies has signed a term sheet with Lightning Capital to sell its GameOn Live platform for up to $5.24 million, representing a 48% premium to its market value. The company aims to focus on innovative web3 gaming experiences and blockchain technology to enhance player engagement and asset ownership. This strategic move intends to reduce debt and continue delivering value to shareholders.

For further insights into TSE:GET stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGameOn Reports Soaring Revenues in H1 2024
TipRanks Canadian Auto-Generated NewsdeskGameOn Revolutionizes Sports Gaming with LALIGA Launch
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App