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Enthusiast Gaming Announces Updates on Divestment of Direct Sales Business

Summary by The Manila Times
TORONTO, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. ('Enthusiast Gaming” or the 'Company”) (TSX:EGLX) today announced that it has entered into a binding letter of intent (the 'Binding LOI”) with Vertiqal Studios Corp. ('VSC”) pursuant to an unsolicited offer from VSC to acquire the direct sales business carried on by the Company (the 'Direct Sales Business Line”). The entities and assets to be acquired in the transaction (…

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Guelph MercuryGuelph Mercury
+8 Reposted by 8 other sources
Lean Left

Enthusiast Gaming Announces Updates on Divestment of Direct Sales Business

TORONTO, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX:EGLX) today announced that it has entered into a binding letter of intent (the “Binding LOI”) with Vertiqal Studios Corp. (“VSC”) pursuant to an…

·Guelph, Canada
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The Hamilton Spectator broke the news in Hamilton, Canada on Tuesday, August 19, 2025.
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