US EditionSEGG Media Corporation Expands into Motorsport with Veloce Investment and Quadrant Acquisition
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SEGG Media Corporation Expands into Motorsport with Veloce Investment and Quadrant Acquisition
SEGG Media Corporation (NASDAQ: SEGG, LTRYW) has detailed its strategic investment in Veloce Media Group, which includes the acquisition of Quadrant, a motorsport and content brand co-founded by Formula 1 driver Lando Norris. This move, funded by the initial tranche of SEGG’s $7.59 million subscription agreement, grants SEGG a 12.4% stake in Veloce with the option to increase to 51% ownership. The acquisition is a pivotal step in SEGG’s expansio…
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