GAMESQUARE HLDGS INC Stock Price, News & Analysis

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.

Engine Media Holdings announced that its Gear.Club Unlimited franchise has surpassed one million units sold worldwide on Nintendo Switch. The success of the racing simulation game franchise has prompted an extended partnership with Microids to develop Gear.Club Unlimited 2 for Xbox Series X and PlayStation 5, scheduled for release in Q4 2021. Engine Media's Eden Games studio is recognized for its high-quality racing experiences, and the franchise's success reinforces its position in the gaming market.

Engine Media Holdings (NASDAQ: GAME) reported impressive fiscal third-quarter results for 2021, with revenues reaching $9.6 million, reflecting a remarkable 360% year-over-year growth and a sequential increase of 14.6%. The company achieved a net income of $6.2 million, contrasting with a significant loss of $27.4 million in the previous quarter. Engine Media also announced the acquisition of influencer marketing platform Sideqik and commenced trading on the Nasdaq under the ticker GAME.

Engine Media Holdings, Inc. (NASDAQ: GAME; TSX-V: GAME) announced the renewal of its partnership with The Coalition to serve as the principal esports partner for Gears Esports. UMG Gaming, a subsidiary of Engine, will manage tournament and league operations for another season after a successful Season 2. The Gears Spring Major in May 2021 garnered over 1.1 million live views. The renewed partnership is expected to bolster Engine's long-term esports initiatives, with over $600K in prizes available for participants.

Engine Media Holdings, trading under the symbol GAME, has filed a patent infringement lawsuit against FanDuel in the U.S. District Court for New Jersey. The lawsuit claims FanDuel infringes on two patents held by its subsidiary, Winview Inc., related to gaming technology and management of client resources. The company aims to recover damages and protect its intellectual property after a similar action against DraftKings. Tom Rogers, Executive Chairman, emphasized the importance of enforcing their patent portfolio.