- Save 20% on THE GAME OF LIFE 2 for PS Plus Subscribers, and receive a FREE exclusive PlayStation Gamer Outfit. Watch the full trailer
- THE GAME OF LIFE 2 is an evolution of the original classic family-friendly board game, already downloaded over 4 million times
- PlayStation 4 and 5 owners can play with their friends and family on mobile, PC and Nintendo Switch with cross-platform multiplayer
- Best-selling life simulation game, The Game of Life 2 launches today, 16 June 2022 for PlayStation 4 and 5! With more than 4 million downloads on mobile, PC and Nintendo Switch, it's received over 316 million views on YouTube and Twitch.
To celebrate the launch, players who buy the game or any DLCs can save 20% and receive a FREE PlayStation Gamer Peg Outfit!
This digital sequel builds on Hasbro's classic and much-loved board game, The Game of Life, played by over 50 million people worldwide. With an added crossroad players can leave important decisions until later in the game, and with points for Knowledge and Happiness as well as wealth there's more ways to win!
Michael Willis , CO-CEO of Marmalade Game Studio, said: "Launching The Game of Life 2 on PlayStation is a huge milestone for the game and for us as a company. We're providing yet another platform for people to play one of the most popular games in the world, making it easier to spend time with their friends and family across mobile, Nintendo Switch, PC and now PlayStation 4 and 5."
Hasbro's Eugene Evans , SVP of Business Development and Digital Licensing said: "We're pleased with Marmalade Game Studio's efforts to extend the reach of one of our beloved brands with the introduction of The Game of Life 2 for PlayStation. As part of Hasbro's Brand Blueprint strategy, we are always looking to excite our consumers and create new connections and experiences for our fans around the world."
THE GAME OF LIFE 2 is $29.99 /€29.99/£24.99 on the PlayStation Store. For launch week, PlayStation Plus Subscribers save 20% on The Game of Life 2 and all DLCs.
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SOURCE The Game of Life 2
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Markets have been under pressure yet the fundamentals for gold and copper remain very strong. Resource sector veterans from the Rule Symposium urge investors to invest in gold to mitigate risks and fortify their portfolios. Investing experts rely on historical data and have cited that gold has historically been an excellent hedge against inflation and the price of gold is expected to stay strong with a recent JP Morgan report forecasting $XX……
Gold may hedge against global uncertainties, but what about copper? Copper ranks as the third most-used metal globally. The base metal is required for the manufacture of consumer electronics, batteries, building construction, and industrial machinery. On top of existing consumption, the transition to clean technology is ramping up demand even more. That’s why some market experts believe the price of copper will rise as supply struggles to keep pace with skyrocketing demand. All signs show that both gold and copper will withstand economic turbulence, whether looking at commodities or mining companies.
CEO Justin Canivet said in a recent letter to shareholders, “With a project portfolio spanning Northern Chile, British Columbia and Newfoundland, GoldHaven holds claim to some of the most prolific exploration ground in the western hemisphere. The technical expertise we have is second to none. With proper decision making and responsible allocation of capital, GoldHaven is well-positioned for success.”
Smoke Mountain, the company’s current flagship project in British Columbia, includes a 2.5-kilometre long copper-gold-zinc mineralization trend that has assays of 7.5 g/t gold in initial rock sampling. In addition, the company's claims are in close proximity to other projects that have already yielded high grades of gold and copper, prompting some to say that this could very well be the next big copper district in North America.
GoldHaven’s additional projects in Newfoundland and Chile show similar promise. Pat’s Pond in Newfoundland has historic assays of 19.10 g/t gold and 914.40 g/t silver and each of the company’s seven claims in the Maricunga Gold Belt neighbour prolific high-grade gold projects, with its Alicia and Roma claims so far yielding the most promising high priority target areas for drilling.
GoldHAven’s Smoke Mountain Project in British Columbia, Canada, includes an identified 2.5-kilometre long copper-gold-zinc trend. Neighbouring projects have already shown promising exploration results.
GoldHaven’s Pat’s Pond Project is located in Newfoundland, Canada. The property has had encouraging early exploration results and has indicated excellent potential for both gold and VMS deposition.
GoldHaven has optioned seven claims within the Maricunga Gold Belt in Chile. Preliminary surface work has indicated 12 high priority targets for drilling and all claims neighbour notable discoveries from several of the “Majors".
Justin Canivet has decades of experience in the global capital markets and has incubated a deep network of investors, professional advisors, and C-suite executives across a number of different sectors. Notably, Canivet was the Head of Business/Investor Development for the Mining & Global Diversified Industries at TMX Group. He has built out strong IPO advisory teams and helped senior executives properly prepare for accessing growth capital in Canada and the US.
Patrick Burns is a Canadian geologist with over 40 years of experience throughout the Caribbean, Central/South America and is a prominent figure in the South American mining sector. He is a professional geologist with over 40 years of experience, 35 of which specifically focused on Chile, including the direct involvement in the discovery of the Escondida porphyry – the world’s largest copper producer.
David Smith is a leader and entrepreneur that is immersed in the mining industry. He has been working in Corporate Development and Finance for the last 8 years. Previously, he co-founded a multi-faceted Real Estate Development and Sales company now in operations for 35 years as well as two successful environment-related companies listed on the TSX. Both companies sold independently and showed shareholders a significant profit.
Marla Ritchie brings over 25 years of experience in public markets working as an Administrator and Corporate Secretary specializing in resource-based exploration companies. Currently, she is also the corporate secretary for several companies, including International Tower Hill Mines Ltd., Trevali Mining Corporation and Wealth Minerals.
East Side Games Group (TSX: EAGR) (OTC: EAGRF) (" ESGG " or the " Company "), Canada's leading free-to-play mobile game group, in collaboration with Universal Games and Digital Platforms, announced today the worldwide launch of The Office: Somehow We Manage on iOS and Android. The free-to-play idle game is inspired by NBC's critically acclaimed, Emmy® Award-winning U.S. version of The Office which is now streaming exclusively on Peacock.
Watch the launch trailer here .
" The Office: Somehow We Manage offers players the chance to immerse themselves in iconic moments from the series and connect with their favorite characters like never before," said Darcy Taylor , Chief Executive Officer of ESGG. "Fans of The Office will absolutely feel the nostalgia through this new game."
" The Office: Somehow We Manage reimagines the cast as vibrant, animated characters for the first time, bringing a fresh new experience to The Office fans everywhere," said Jim Molinets , SVP of Production, Universal Games and Digital Platforms. "The game will transport players into well-known and hilarious episodes that have resonated with so many over the years and let them 'clock in' even more time with their favorite Dundler Mifflin employees."
The Office: Somehow We Manage will allow fans to relive memorable moments from the show like they've never seen them before - animated, all while tapping their way to record profits to save the Scranton Branch from downsizing. Featuring accessible gameplay for all types of players, this narrative idle tapper will give players the chance to unlock and upgrade iconic characters and their desks all the while participating in monthly special events for additional in-game rewards.
COLLECT ICONIC CHARACTERS IN GAME Tap, upgrade, and build desks for favorite characters from the hit NBC comedy The Office , including Prison Mike, Farmer Dwight, Pretzel Day Stanley, and of course, Three Hole Punch Jim, all appearing in animated form for the first time.
RELIVE MEMORABLE EPISODES FROM THE OFFICE [U.S.] Click through memorable episodes in this free-to-play game, like "The Dundies" and "Dinner Party." Take a seat in Michael's office, get in line for Pretzel Day, or spend the weekend at Schrute Farms. Oh, and watch out for Kevin's famous chili! Additional episodes from all nine seasons of the show will be added to the game on a regular basis.
SPECIAL EVENTS In-game events will introduce new versions of characters and more memorable moments, along with weekly and monthly special events inspired by elements from the show.
EARN IN-GAME REWARDS TO KEEP THE BRANCH AFLOAT Manage Dunder Mifflin Scranton with the help of the whole branch! Get new leads and tap away as the in-game rewards start rolling in. Just make sure Michael doesn't spend the surplus on a new plasma TV!
Players can now run the world's best mid-size regional paper company branch in The Office: Somehow We Manage , available now on iOS and Android.
Visual assets for the game, including key art and logos, can be found in the online press kit .
ABOUT EAST SIDE GAMES GROUP
East Side Games Group (formerly operating under the name "LEAF Mobile Inc.") is a leading free-to-play mobile game group, creating engaging games that produce enduring player loyalty. Our studio groups entrepreneurial culture is anchored in creativity, execution, and growth through licensing of our proprietary Game Kit software platform that enables professional game developers to greatly increase the efficiency and effectiveness of game creation in addition to organic growth through a diverse portfolio of original and licensed IP mobile games that include: Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm , The Goldbergs: Back to the 80s, It's Always Sunny: The Gang Goes Mobile and Trailer Park Boys Grea$y Money , RuPaul's Drag Race Superstar and T he Office: Somehow We Manage .
We are headquartered in Vancouver, Canada and our games are available worldwide on the App Store and Google Play. For further information, please visit: www.eastsidegamesgroup.com and join our online communities at LinkedIn , Twitter , Facebook , and Instagram .
Additional information about the Company continues to be available under its legal name, LEAF Mobile Inc., at www.sedar.com .
ABOUT NBC'S THE OFFICE
Produced by Universal Television in association with Deedle-Dee Productions and Reveille Productions, The Office is a groundbreaking mockumentary television series that follows the daily lives of the employees of the Scranton branch of Dunder Mifflin, a fictional paper company. All nine seasons of the Emmy® Award-winning series are available exclusively on Peacock.
Peacock is NBCUniversal's streaming service. Peacock delivers a world-class slate of exclusive originals, on-demand libraries of hit TV shows, plus critically acclaimed films from the vaults of Universal Pictures, Focus Features, DreamWorks Animation, Illumination and Hollywood's biggest studios. In addition, Peacock taps into NBCUniversal's unmatched ability to deliver a broad range of compelling topical content across news, sports, late-night, Spanish-language and reality. NBCUniversal is a subsidiary of Comcast Corporation.
ABOUT UNIVERSAL GAMES AND DIGITAL PLATFORMS
Universal's Games and Digital Platforms group leverages the vast portfolio of IP and characters from NBCUniversal. The Games and Digital Platforms group is a business unit of Universal Brand Development, which is chartered with globally expanding the company's intellectual properties, franchises, characters and stories through innovative physical and digital products, content, and consumer experiences. The company's extensive portfolio includes properties created by Universal Pictures, Illumination, DreamWorks Animation and NBCUniversal Television and Streaming. Universal Brand Development is part of NBCUniversal, a subsidiary of Comcast Corporation. www.universalbranddevelopment.com .
Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the proposed transactions described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.
SOURCE East Side Games Group
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The round also comes with backing from major games and guilds, most notably YGG
The Kapital DAO announced today the close of its latest raise, with participation from Polygon Ventures, the Algorand Foundation, and the HBAR Foundation, with grants from the Solana Foundation and NEAR. Also involved were prominent investors such as Yield Guild Games (YGG), Samsung NEXT, GSR, Wintermute Ventures, Keyrock, and Portofino. Gaming strategic partners include Splinterlands, Shrapnel, and Blocklords. The Kapital DAO will also receive ongoing advisory from YGG and Floating Point Group (FPG) along with the leaders of Illuvium, Laguna Games, and Digital Insight Games (DIG). The DAO is expected to vote to drive the funding toward further development and scaling of its technology, which enables institutional-grade asset management for web3 gaming organizations. The Kapital DAO plans to deploy its technology closely with these strategic partners to increase the amount of institutional capital and players flowing through partnered ecosystems. This raise comes at a critical juncture as web3 gaming and large DAOs begin to focus on their key issues with scaling operations and security.
"Recent developments in web3 gaming have demonstrated the need for reliable institutional-grade systems to manage gaming assets and complex operations at scale," said Sam Peurifoy , CEO of Playground Labs, a core contributor to the Kapital DAO. "We are excited to have the support of major leaders in the gaming and asset management spaces who can accelerate the Kapital DAO's ability to integrate large players into gaming more seamlessly with regard to asset management. This set of developments will help core sectors of the larger blockchain ecosystem turn up user acquisition to the next level."
The Kapital DAO is the leading provider of gaming asset management tech, enabling fully trustless management of gaming assets in an institutional framework. Crucially, the Kapital DAO is not a lending protocol, and does not require any technical lift from listed games. This breakthrough is a substantial improvement in a space which ordinarily requires game developers to completely rewrite their smart contracts or reconfigure their game engines to permit asset management functionality. In contrast, the Kapital DAO enables the seamless onboarding of institutional fund-sized organizations into web3 gaming, similar to how new infrastructure facilitated an institutional DeFi boom in 2020.
The Kapital DAO aims to onboard the next billion players into web3 gaming through scalable and trustless operational infrastructure, as well as large scale internal asset deployment and esports participation within key blue-chip gaming ecosystems. Through close industry partnerships, the Kapital DAO secures robust connections to key smart contracts and public data sources to provide organizations on its platform with a full suite of operational tooling to cover everything from analytics to payouts. For more information, visit www.kapital.gg . For more information on the coming token launch, sign up for updates at https://www.kapital.gg/token .
Playground Labs brings digital productivity to life in the metaverse. By developing decentralized autonomous organizations (DAOs) and play-to-earn gaming products within the virtual world, Playground Labs builds next-generation infrastructure for the metaverse economy and enables everyone to generate real economic utility by playing the games they love. For more information, visit www.playgroundlabs.io .
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Mistplay is pleased to announce it placed No. 6 on the 2022 Report on Business ranking of Canada's Top Growing Companies.
Canada's Top Growing Companies ranks Canadian companies on three-year revenue growth. Mistplay earned its spot with three-year growth of 4,707%. Its loyalty platform continues to scale as the market leader while empowering millions of gamers to earn rewards by playing mobile games. Alongside strong revenue growth, lifetime installs of the app increased by 53% over the prior year in part driven by launching in South Korea , further expansion into Europe , new product features, and fortified operations in core markets.
Henri-Charles Machalani , Founder and CEO of Mistplay, says, "What excites me the most about this growth achievement is that it means we're reaching more and more players on a global scale every year. Loyalty gaming is truly a game changer for the industry and our team is incredibly proud to be pioneering the path forward in order to drive continuous value to as many gamers and publishing partners as possible."
Mistplay looks ahead to its next phase of growth with its recent appointment of seven senior executives, scaling its existing loyalty platform, and bringing to market new category-defining products for the mobile gaming industry.
Canada's Top Growing Companies is an editorial ranking that was launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary programs; companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year's ranking.
The full list of 2022 winners along with editorial coverage is published in the October issue of Report on Business magazine. The list is out now and online here: https://bit.ly/canadas-top-growing-companies
" Canada's Top Growing Companies recognizes the tremendous ambition and innovation of entrepreneurs in Canada ," says Dawn Calleja , Editor of Report on Business magazine. "The next generation of Canadian businesses can draw inspiration from this ranking."
"In an uncertain world, the success stories of the companies marked in this year's Report on Business magazine's list of Top Growing Companies are a beacon of optimism," says Phillip Crawley , Publisher and CEO of The Globe and Mail. "The Globe and Mail congratulates them on their achievements."
About The Globe and Mail
The Globe and Mail is Canada's foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With our award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in our print or digital formats, and Report on Business magazine reaches 2.3 million readers in print and digital every issue. Our investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge , the investment arm of the Thomson family.
Mistplay is the leading play-and-earn and game discovery platform for mobile gamers. With over 25 million downloads to-date, players around the world engage with Mistplay to discover new games and get rewarded while playing. To learn more, visit www.mistplay.com .
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OLG partners with MLB to revive the 1930's Championship Ontario Baseball TEAM through a popular video game and powerful film at olg.ca/ChathamPlaysOn
Reviving and celebrating Ontario history on the baseball field and in a video game! Ontario Lottery and Gaming Corporation (OLG), in partnership with Major League Baseball (MLB), is immortalizing the 1934 Chatham Coloured All-Stars - the first all-Black team to win an Ontario Baseball Association Championship in a very unique way. OLG and MLB are bringing the team's memory back to life through baseball's most popular video game, MLB The Show 22.
Players can search the video game's Logo Vault and Player Vault to find the 1934 Chatham Coloured All-Stars as one of the playable teams in the game. The video game provided the tools for us to painstakingly help re-create look alike members of the team, their home baseball field, uniforms and team artifacts from archival materials from Chatham Kent Black Historical Society. The release is part of an ongoing effort by OLG and MLB to draw attention to the important story of these baseball legends and allow their memory to live on through the next generation of the global baseball community.
"OLG is extremely proud to be part of this effort with our MLB partners, to shine a spotlight on historical figures in our province who broke barriers and contributed to the betterment of our communities," said Duncan Hannay , OLG's President and CEO. "The Chatham Coloured All-Stars showed the world what it means to persevere in the face of adversity. It is an honour to help keep the team's memory alive by introducing their story to as many people as possible including a new generation of baseball fans. It's part of OLG's commitment to giving back to Ontario."
OLG is also showcasing the Chatham Coloured All-Stars' legacy through a short yet powerful film featuring the descendants of the legendary players. This poignant film provides us with an overview of the team's history and the players perseverance through racism and other challenges of that era. It also gives us a behind the scenes look at the meticulous effort it took to recreate the team for the video game. The film can be found at olg.ca/ChathamPlaysOn
As part of the celebration to commemorate this historic baseball team, Chatham -area residents will get a front row seat at the Field of Honour Charity baseball game on September 24 th , 2022, at Fergie Jenkins Field in Chatham . The second edition of this special event will be completely free and open to the public with two baseball games being played by the descendants of the former All-Star team. Legendary baseball player, Fergie Jenkins Jr. , whose father played on the 1934 team, will also be part of the celebrations.
"The Field of Honour is such an important event that we hold in our hometown of Chatham . We honour the men who played throughout all the seasons with the Chatham Coloured All-Stars on that day and get their children, grandchildren, nieces, nephews, etc. to come honour their ancestors on the baseball diamond," said Dorothy Wallace , President of the Chatham Kent Black Historical Society. "At the root of it, we are hoping to further share the story of the Chatham Coloured All-Stars and get the recognition they deserve. We are beyond thankful to all our supporters and so grateful to OLG and MLB for the project they will be sharing at this year's game."
OLG is also proud to support the efforts of the Chatham Kent Black Historical Society with a special cheque presentation of $25,000 for the organization.
To learn more about OLG's and MLB'S Chatham Coloured All-Stars campaign, visit olg.ca/ChathamPlaysOn
OLG is a crown agency that contributes to a better Ontario by delivering great entertainment experiences for our customers. Acting in a socially responsible way, OLG conducts and manages land-based gaming facilities; the sale of province-wide lottery games; Internet gaming; and the delivery of bingo and other electronic gaming products at Charitable Gaming Centres. OLG is also helping support the horse racing industry in Ontario . Since 1975, OLG has provided approximately $55 billion to the people and Province of Ontario to support key government priorities like health care; the treatment and prevention of problem gambling; and support for amateur athletes. Each year proceeds from OLG's operations also support host communities, Ontario First Nations, lottery retailers and local charities across the province.
Play for Ontario 100%of OLG's profits are invested in Ontario OLG.ca
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The First Blockchain-Enabled Streaming Device Combines Content, Social, And Gaming Into a Unique, Connected Experience That Transforms Entertainment
Feature introduces Feature³ the world's first blockchain-enabled streaming device, combining three products - a revolutionary streaming service driven by content from world-class creators, an immersive, real-time social media experience, and a GPU-enabled gaming platform. Feature³ is a new experience that ushers in the future of entertainment, providing a portal into new worlds by bringing the metaverse off the computer and into the living room.
Feature, the Web3 Studio that has pioneered blockchain-enabled experiences for Netflix and Coinbase, continues to build tools and technology that place creators and their stories at the forefront while connecting communities in novel ways. The launch of Feature³ represents another significant milestone in this evolution of content distribution.
"At Feature, we believe that stories are powerful. They give people the courage to create common bonds - to become communities," says Steven Ilous , Founder and CEO of Feature. "A generation of storytellers have been held behind the gates of centralized distribution systems. With Feature³ we're taking a powerful step toward setting them free."
The Feature³ Founder's Pass, which includes a variety of perks as well as a special edition version of the device, is currently available for purchase. For more information, visit feature.io.
FEATURE ³ PARTNERS BRON Studios, HUXLEY, David Ayer , Jerome Chen , Marisha Murkerjee, Kevin Willmott , Open Meta DAO, DNA Block, Bad Wolf Gaming, ZenAcademy, SRVE, Nifty Castle.
ABOUT FEATURE Feature, a Web3 Studio and IP/Licensing Platform, is a pioneer in the entertainment space powering Ben Mauro's HUXLEY™, Netflix's Love, Death + Robots Vol. 3 campaign, and the Coinbase x Bored Ape Yacht Club casting call for The Degen Trilogy.
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Epic Games, 2050 Capital, and Alumni Ventures join Hadean's global investors to support the company's metaverse infrastructure technology.
London -based deep tech start-up, Hadean has secured $30 million in funding to build out its record-breaking metaverse infrastructure technology - already supporting virtual worlds in immersive entertainment and enterprise digital twins.
Molten Ventures led Series A and was joined by 2050 Capital, Alumni Ventures, Aster Capital, Entrepreneur First and InQTel. The Series A, along with an investment from Epic Games, will help Hadean build out the company's scalable, interoperable and secure metaverse capabilities. As an open platform for distributed cloud computing, Hadean can be considered the "infrastructure" that powers the metaverse so it can become a reality.
"Hadean's computing power will provide the infrastructure that's needed as we work to create a scalable metaverse," said Marc Petit , VP, of Epic's Unreal Engine Ecosystem. "The company's technology complements Epic's Unreal Engine by enabling massive amounts of concurrent users and unlocking new tools for creators and developers. We are pleased to contribute to Hadean's growth and look forward to continuing to work together to lay the foundation for the metaverse."
Craig Beddis , Hadean Co-Founder and CEO said: "Hadean's mission is to bridge physical and virtual worlds - to help us make better decisions and ultimately improve the quality of our lives in the physical world. Today's virtual worlds are a limited experience - small scale, siloed, and insecure. Hence why, these are the technical challenges we're tackling today. But we believe the true success and mass adoption of the metaverse will rely on the ease by which creators will be able to build their own experiences at scale, leveraging open and robust metaverse-as-a-service technologies. We're delighted to work with industry leaders like Epic Games, who share our ethos and ambition for this reality."
Hadean has developed vital metaverse components and signed multi-year agreements in entertainment (Minecraft, Pixelynx, Sony and Gamescoin), as well as with education and enterprise digital twin providers. Hadean's 14,000-player Unreal Engine demo with EVE Online maker CCP Games at the 2019 Game Developers Conference is just one example of how the company's infrastructure technology enables large numbers of concurrent participants in a virtual environment. This fresh wave of funding will accelerate Hadean's ability to give creators the tools in new and emerging metaverse markets to change every aspect of how we work, build, buy and consume.
David Cummings , Venture Partner at Molten said: " Molten has been a part of Hadean's journey since early 2019. Since then, we have seen the Hadean team deliver ambitious technical milestones, build an impressive customer base across a number of sectors and continue to attract dynamic talent. It is a pleasure to continue providing our support to Hadean as it grows yet further."
Founded in 2015, Hadean are a venture backed startup, reimagining distributed, spatial and scalable computing for web 3.0 and the metaverse. The distributed cloud platform enables scalability, security, and interoperability, driving the metaverse and digital immersive experiences for enterprise, commercial, gaming and government customers. To date, Hadean have worked with organisations such as Microsoft, Minecraft, Epic Games, Sony, Gamescoin, Pilxelynx, Francis Crick , CAE, BAE and Thales. Visit www.hadean.com .
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Playtika Holding Corp. (NASDAQ: PLTK) (" Playtika "), a mobile gaming entertainment and technology market leader with a portfolio of multiple game titles, today provided an update on the number of shares of Playtika's issued and outstanding common stock, par value $0.01 per share (each, a " Share ," and collectively, " Shares ") tendered to date in its previously announced tender offer for the purchase of up to 51,813,472 Shares at a price of $11.58 per Share.
Playtika has conducted the tender offer in accordance with the terms and subject to the conditions described in the offer to purchase, dated August 29, 2022 , the related letter of transmittal and other related materials, as each may be amended or supplemented from time to time.
As of 4:00 p.m. , New York City Time, on Thursday, September 22, 2022 , the depositary for the tender offer has reported to Playtika that approximately 217,140,286 Shares had been validly tendered and not properly withdrawn.
The tender offer is scheduled to expire one minute after 11:59 P.M. , New York City Time, on Monday, September 26, 2022 , unless the tender offer is extended or terminated. Playtika has not and will not accept any tendered Shares for payment until after the tender offer expires.
The tender offer is not conditioned on a minimum number of Shares being tendered. The tender offer is subject to certain terms and conditions, including that it may be amended or terminated by Playtika under certain circumstances, which are described in detail in the offer to purchase. Specific instructions and a complete explanation of the terms and conditions of the tender offer are contained in the offer to purchase, the related letter of transmittal and other related materials, which have been mailed to stockholders of record.
As previously announced, in connection with the commencement of the tender offer, Playtika's controlling stockholder group, Playtika Holding UK II Limited, Alpha Frontier Limited, Shanghai Cibi Business Information Consultancy Co., Ltd., Shanghai Jukun Network Technology Co., Ltd., Giant Network Group Co., Ltd., Giant Investment Co., Ltd., Yuzhu Shi , Hazlet Global Limited, Equal Sino Limited and Jing Shi (collectively, the " Giant/Alpha Group ") entered into that certain Tender Agreement, dated as of August 26, 2022 (the " Tender Agreement ") with Playtika, which requires, among other things, that the Giant/Alpha Group tender at least 211,711,155 Shares in the tender offer and not withdraw such Shares except as permitted under the terms of the Tender Agreement, including the right to withdraw such number of Shares as may be necessary (1) to result in tendering such Shares as will result in $323 million in gross proceeds payable to the Giant/Alpha Group, and (2) to maintain an ownership of 51.7% on a fully diluted basis after the tender offer.
None of Playtika, the members of its Board of Directors (or any committee thereof), the information agent, the depositary or any of Playtika's other representatives or advisors for the tender offer or any representatives or advisors of any of the foregoing for the tender offer makes any recommendation as to whether or not any stockholder should participate in the tender offer.
D.F. King & Co., Inc. is serving as the information agent for the tender offer and American Stock Transfer & Trust Company, LLC is serving as the depositary. For all questions relating to the tender offer, please contact the information agent, D.F. King & Co., Inc. at playtika@dfking.com or call toll-free at (877) 871-1741.
Playtika is a mobile gaming entertainment and technology market leader with a portfolio of multiple game titles. Founded in 2010, Playtika was among the first to offer free-to-play social games on social networks and, shortly after, on mobile platforms. Headquartered in Herzliya, Israel, and guided by a mission to entertain the world through infinite ways to play, Playtika has employees across offices worldwide.
Additional Information Regarding the Tender Offer
This press release is for informational purposes only. It is not a recommendation to buy or sell Shares or any other securities of Playtika, and is neither an offer to purchase nor a solicitation of an offer to sell Shares.
Playtika has filed with the United States Securities and Exchange Commission (the " SEC ") a tender offer statement on Schedule TO, including an offer to purchase, a related letter of transmittal and related materials. The tender offer will only be made pursuant to the offer to purchase, the related letter of transmittal and other related materials filed as part of the issuer tender offer statement on Schedule TO, in each case as may be amended or supplemented from time to time. Stockholders should read carefully the offer to purchase, the related letter of transmittal and other related materials because they contain important information, including the various terms of, and conditions to, the tender offer.
Stockholders are able to obtain a free copy of the tender offer statement on Schedule TO, the offer to purchase, the related letter of transmittal and related materials at the SEC's website at www.sec.gov . In addition, free copies of these documents may be obtained by contacting D.F. King & Co., Inc., the information agent for the tender offer, toll-free at (877) 871-1741.
This press release includes "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including statements regarding the completion, timing and size of the tender offer. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. Further, statements that include words such as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "might," "present," "preserve," "project," "pursue," "will," or "would," or the negative of these words or other words or expressions of similar meaning may identify forward-looking statements.
Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include without limitation:
Additional factors that may cause future events and actual results, financial or otherwise, to differ, potentially materially, from those discussed in or implied by the forward-looking statements include the risks and uncertainties discussed in Playtika's filings with the SEC. Although Playtika believes that the expectations reflected in the forward-looking statements are reasonable, Playtika cannot guarantee that the future results, levels of activity, performance or events and circumstances reflected in the forward-looking statements will be achieved or occur, and reported results should not be considered as an indication of future performance. Given these risks and uncertainties, readers are cautioned not to place undue reliance on such forward-looking statements.
Except as required by law, Playtika undertakes no obligation to update any forward-looking statements for any reason to conform these statements to actual results or to changes in Playtika's expectations.
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