Welcome to our dedicated page for Fansunite Ent news (Ticker: FUNFF), a resource for investors and traders seeking the latest updates and insights on Fansunite Ent stock.
FansUnite Entertainment Inc. (FUNFF) generates news that reflects both its role in the sports betting affiliate market and its significant corporate actions. The company describes itself as a global sports entertainment and gaming business focused on the regulated and lawful sports betting affiliate market, with activities in customer acquisition, retention, support, and reactivation. Through its American Affiliate subsidiary, FansUnite highlights its omni-channel customer acquisition work across retail and digital activation for sportsbooks, casinos, poker, and fantasy sports platforms in North America.
Recent FansUnite news has centered on major strategic and capital markets developments. These include the announcement and completion of the sale of FansUnite US Inc. (FansUS), the subsidiary that carried on the Betting Hero business, to Hero Group Corp. for a specified purchase price on a cash-free, debt-free basis. Coverage also details shareholder approvals for this transaction, the related return of capital distribution, and the voluntary delisting of FansUnite’s common shares from the Toronto Stock Exchange.
Another key stream of news involves ownership and regulatory disclosures, particularly early warning reports regarding Tekkorp Holdings LLC’s acquisition of substantial blocks of FansUnite common shares and warrants. These releases explain the size of Tekkorp’s holdings, the percentage of issued and outstanding shares they represent, and the use of the private agreement exemption under Canadian securities law.
FansUnite’s news flow also includes governance and leadership updates, such as annual general meeting voting results and executive changes, including the appointment of an interim Chief Executive Officer. Investors and observers can use this news page to follow corporate transactions, changes in ownership, governance decisions, and other regulatory disclosures that shape the company’s trajectory.
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FansUnite Entertainment (CSE: FANS, OTCQX: FUNFF) will present live at VirtualInvestorConferences.com on November 4, 2021, at 12:30 PM ET. CEO Scott Burton invites investors to engage in real-time Q&A during this interactive online event. The event will also feature an archived webcast for those unable to attend live. Recently, FansUnite secured licenses in key markets, raised $38M CAD through oversubscribed financings, and launched its esports platform VamosGG targeting Brazil. Pre-registration is recommended for participation.
OTC Markets Group has announced that FansUnite Entertainment Inc. has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market. This upgrade allows FansUnite to trade under the symbol FUNFF, starting today. The OTCQX Market targets established, investor-focused companies that meet high financial standards and corporate governance practices. FansUnite aims to enhance visibility among U.S. investors as interest in the online betting sector grows, according to CEO Scott Burton.
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