GameSquare agrees to buy FanEngine assets, regains Nasdaq compliance
GameSquare Holdings agreed to buy FanEngine assets, granting FanEngine holders 30% of GameSquare shares at close plus additional consideration tied to revenue targets and a cash earnout. GameSquare also regained Nasdaq bid compliance after a 10-day $1.00+ close streak.
GameSquare Holdings Inc (NASDAQ:GAME) said it agreed to buy FanEngine assets in a deal that gives FanEngine holders 30% of GameSquare shares at closing, with up to 10% more tied to revenue targets and up to $50M in cash earnout. 00+ close streak.