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Boba Mint Holdings (CSE: TNJ) has completed the acquisition of the remaining 50% equity stake in Werd Studios, a Toronto-based blockchain gaming company, for $1.4 million. The transaction was executed through the issuance of 7 million common shares at $0.20 per share to Werd Studios' CEO Andrew Shore.
The acquired company specializes in blockchain/crypto gaming, with notable projects including Cafe Disco Party, Moon Gaming (featuring Moon Poker), and Amino Rewards. The consideration shares are subject to a tiered restricted period, with 25% becoming tradeable after 6 months, another 25% after 12 months, and the remaining 50% after 18 months.
Following the transaction, Andrew Shore's ownership in Boba increased from 6.52% to 13.04% of outstanding shares, now holding 13 million shares total.
Boba Mint Holdings (CSE: TNJ) has signed a non-binding letter of intent to acquire the remaining 50% equity stake in Werd Studios for $1.4 million, to be paid through the issuance of 7 million common shares at $0.20 per share. This follows Boba's initial 50% acquisition completed earlier in 2025.
Werd Studios, a Toronto-based blockchain gaming company led by CEO Andrew Shore, is developing several blockchain games including Cafe Disco Party, has interests in Moon Gaming, and plans to acquire a stake in Amino Rewards. The Consideration Shares will be subject to a tiered restricted trading period over 18 months. Upon completion, Boba Mint plans to rebrand and change its symbol to WERD.
Boba Mint Holdings (CSE: TNJ) (OTCQB: WERDF) has announced its successful listing on the OTCQB® Venture Market, with trading commencing on April 24, 2025, under the ticker symbol 'WERDF'. The OTCQB platform, operated by OTC Markets Group Inc., is specifically designed for developing and entrepreneurial companies both domestically and internationally.
CEO Rody Lazar emphasized this listing as a significant milestone for expanding the company's investor reach and visibility in U.S. capital markets. The listing requirements include current reporting compliance, annual verification, management certification, and meeting minimum bid price criteria. This move will provide investors with enhanced visibility and access to Real-Time Level 2 Quotes.
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