- Wondr Gaming (CSE:WDR) closes Hot Dot Media Inc. acquisition
- Wondr issued an aggregate of 8 million common shares of Wondr at a price of $0.25 per common share
- All shares issued in connection with the acquisition are subject to a four-month and one-day resale restriction
- Wondr Gaming Corp. builds partnerships and promotes a sense of community within the gaming and esports industries
- Wondr Gaming Corp. (WDR) is down 6.25 per cent and is trading at C$0.30 at 10:50 am ET
Wondr Gaming Corp. (WDR) has acquired all issued and outstanding common shares of Hot Dot Media Inc.
Wondr issued 8 million common shares to the shareholders of HDM on a pro-rata basis.
All common shares issued in connection with the acquisition are subject to a four-month and one-day resale restriction and an 18-month voluntary escrow agreement between the selling shareholders of HDM and the company.
“The acquisition of Hot Dot Media is a pivotal move for Wondr to establish our media division,” said Jon Dwyer – Chairman and CEO of Wondr Gaming.
“The addition of Adam and his team provides our organization with some of the brightest minds in the industry, and will bolster our ability to drive traffic to our NFT platform, MemeStation.com, and our soon-to-launch esports loyalty & rewards platform, GamingRewards.com,”added Dwyer.
Wondr Gaming Corp. builds partnerships and promotes a sense of community within the gaming and esports industries by creating and acquiring new assets.
HDM offers an end-to-end solution for influencer marketing by sourcing talent, handling logistics, and running paid advertisements.
Wondr Gaming Corp. (WDR) is down 6.25 per cent and is trading at C$0.30 at 10:50 am ET.