On May 25th, Wondr Gaming Corporation entered into a binding agreement to acquire Hot Dot Media Inc. Wondr Gaming has agreed to acquire all outstanding shares of Hot Dot Media in exchange for 8,000,000 common shares of the Wondr Gaming valued at $0.25 per share.
“Wondr Gaming is relentlessly focused on growing our media business, and the acquisition of Hot Dot Media uniquely positions us to bridge the gap between global brands and the esports and conventional sports communities,” said Jon Dwyer, the CEO of Wondr Gaming. “Having media reach through 100,000,000+ followers allows for endless opportunities in both the gaming and rewards ecosystem, as well as our NFT Platform. We believe that contextual content is the future, and gaining access to HDM’s expertise and network is the first step in helping us monetize this growing vertical.”
Hot Dot Media Inc. is a social media agency focused on emerging and upcoming platforms. Hot Dot Media’s content creators have over 100,000,000 followers on TikTok, Instagram, Facebook, and YouTube combined.
(All information was provided by PR Newswire)
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