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AlphaTON Capital Signs Equity and Token Investment Agreement with Animoca Brands, Intends to Acquire GAMEE Controlling Stake
Summary: In a recent development, the open metaverse and digital property company Animoca Brands has announced the signing of an equity and token investment agreement with NASDAQ-listed TON Treasury company AlphaTON Capital. The agreement includes AlphaTON Capital's intention to acquire a controlling stake in Animoca Brands' wholly-owned subsidiary GAMEE. As per the terms of the letter ...
In a recent development, the open metaverse and digital property company Animoca Brands has announced the signing of an equity and token investment agreement with NASDAQ-listed TON Treasury company AlphaTON Capital. The agreement includes AlphaTON Capital's intention to acquire a controlling stake in Animoca Brands' wholly-owned subsidiary GAMEE. As per the terms of the letter of intent, AlphaTON Capital plans to acquire 51% of GAMEE's equity, as well as 51% of the GAMEE (GMEE) and Watcoin (WAT) tokens in GAMEE's inventory. Following the proposed transaction, AlphaTON Capital intends to purchase GMEE tokens worth up to $3 million and WAT tokens worth up to $1 million on the open market to enhance its digital asset investment portfolio.
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Link: AlphaTON Capital Signs Equity and Token Investment Agreement with Animoca Brands, Intends to Acquire GAMEE Controlling Stake [Copy]
