Even Matchup Gaming acquired by New Wave Esports

10 February 2020

On Feb. 10, 2020, New Wave Esports Corp. ("NWES") announced it had completed the acquisition of all of the issued and outstanding shares of Even Matchup Gaming Inc. ("EMG") not previously held by NWES. New Wave Esports previously held an 18% stake in EMG, an esports events production and broadcast company based in Toronto, Ontario.

Pursuant to the definitive share purchase agreement entered into on November 28, 2019, the vendors of EMG shares received consideration consisting of cash and NWES common shares.

New Wave Esports Corp. is a CSE-listed esports and competitive gaming company that provides capital and support services to esports organizations, teams, leagues, events, platforms, tools, and technology innovators.

Gowling WLG advised the vendors of EMG shares in this sale, with a team that included Warren Cass (securities/M&A), Ted Thiessen and Paul Carenza (tax) and Andrew Bratt (employment), assisted by student-at law Laura Mila.


NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.