GAMESQUARE HLDGS INC Stock Price, News & Analysis

Engine Media Holdings (NASDAQ: GAME) has received a ruling from an Ontario arbitrator confirming the completion of its acquisition of Allinsports, a motorsport simulator manufacturer. The decision mandates the issuance of 966,667 common shares to Allinsports shareholders as per the acquisition agreement. Engine Media is currently reviewing the ruling for further options and remedies. This development is crucial as it ensures the fulfillment of obligations to Allinsports shareholders, potentially affecting the company’s stock performance moving forward.

Engine Media Holdings, Inc. (NASDAQ: GAME) announced it has not issued shares under its 'at-the-market' equity offering program due to unfavorable market conditions. The decision to refrain from using the ATM Offering reflects the company's intent to reassess its financing options moving forward. Engine provides a range of esports/sports gaming solutions and data analytics, aiming to enhance its direct-to-consumer services and partnerships.

Engine Media Holdings, Inc. (NASDAQ: GAME) has announced a partnership between its subsidiary WinView Games and 680 The Fan, a leading Atlanta sports radio station. This collaboration aims to enhance listener engagement through interactive live games of skill tied to broadcasts, including Braves and Falcons games. The initiative marks a unique opportunity for audience interaction and is designed to promote WinView contests while boosting fan engagement. This partnership is part of Engine Media's growth strategy and may extend to future collaborations with other media platforms.

Engine Media Holdings (NASDAQ:GAME) announced its participation in Noble Capital Markets' C-Suite Interview Series. CEO Lou Schwartz and Executive Chairman Tom Rogers discussed Engine's role in esports and sports gaming, emphasizing their unique data and marketing services. They highlighted Engine's subsidiaries, recent acquisition of Sideqik, and the company’s patent portfolio linked to esports. The interview also addressed the significant revenue multiple discount at which Engine is trading compared to peers in the sector. This insights-rich session was recorded on September 9, 2021.

Engine Media Holdings, Inc. (NASDAQ: GAME) announced its partnership with ICR, LLC for investor relations from June 1, 2021, to December 31, 2021, at $15,000 monthly. This relationship aims to enhance investor connectivity and communication.

The company also disclosed two Shares for Services Agreements with executives Jeremy Haile and Tremain McGlown, allowing for equity compensation based on revenue targets achieved by Sideqik, Inc. Shareholder approval for these agreements is sought at the September 29, 2021 meeting.

Engine Media Holdings (NASDAQ: GAME) has partnered with wrestling icon Ric Flair for the inaugural Pre-Slam Livestream Party on August 21, 2021, from 7-8 PM ET. Flair will give fans an insider's tour of his home, engage in trivia for $10,000 in cash prizes, and promote the Watch, Predict, Win Challenge starting immediately after the livestream, offering $1,000 in prizes. The event's ticket costs $2.99, with part of the proceeds benefiting the ALS Association. Engine focuses on engaging consumers through innovative gaming solutions.

Engine Media Holdings has announced an at-the-market Equity Distribution Agreement with Canaccord Genuity LLC, enabling the company to issue up to US$50 million in common shares to support ongoing business activities. Sales will commence at the company’s discretion through April 2023, with net proceeds allocated for working capital and corporate purposes. The company has no obligation to sell any shares. This follows the filing of a prospectus supplement on August 10, 2021, under a previously effective registration statement.

Engine Media Holdings (NASDAQ: GAME) announced participation in Canaccord Genuity's 41st Annual Growth Conference from August 10 to 12, 2021. Executive Chairman Tom Rogers and CEO Lou Schwartz will be available for meetings from 8:15 AM ET to 5:15 PM ET daily. The company specializes in gaming and media solutions, focusing on esports, influencer marketing, and programmatic advertising. Engine Media operates subsidiaries like Stream Hatchet and Eden Games, generating revenue through subscription fees, advertising, and sponsorships.

Engine Media Holdings (NASDAQ: GAME; TSX-V: GAME) has announced its Winview Inc. subsidiary has filed amended patent infringement complaints against DraftKings and FanDuel in the U.S. District Court for New Jersey. The complaints now allege infringement of two additional patents related to gaming methodologies, seeking damages and other relief. Legal representation includes Morgan Chu and Thomas R. Curtin. Engine Media focuses on esports, gaming data, and advertising solutions, with several subsidiaries enhancing its market presence.