As the primary source of statistics for Rocket League, Octane has amassed a valuable trove of data on the history and evolution of players and teams from their rookie days to playing on the world stage. Since its inception in 2017, Octane has collected data for hundreds of thousands of games and thousands of players, teams, and events. Octane is the leading Rocket League Esports statistics platform providing in-depth match statistics across the top events in the space. "As Rocket League continues to grow in global popularity, owning multiple assets within this Esport allows the opportunity to launch an all-encompassing Rocket League destination site containing breaking news, statistics, video highlights, and fantasy sports." " We are enthusiastic to have closed on the Octane acquisition," said Mark Elfenbein, CEO of X1. As consideration for the acquisition of the assets compromising the business of Octane, the Company is paying a cash purchase price of US$35,000, US$17,500 of which was paid in connection with the closing of the acquisition and US$17,500 of which will be payable within 45 days after the closing date. In connection with the acquisition of the assets comprising the business of Octane, the Company has entered into consulting agreements with two individuals, who as key personnel will be responsible for the continued operation of Octane. X1 Esports and Entertainment ( CSE:XONE OTCQB: XOEEF FSE: ZI0) ("X1" or the "Company"), a video games and media portfolio company which owns and operates Esports assets and a leading creator economy business is pleased to announce, further to its news release dated September 15 th 2022, it has closed its acquisition of the assets comprising of Octane.GG ("Octane"), an online statistical and news outlet focused on the popular video game, Rocket League. It is anticipated that Octane will merge into Shift to create a new destination for Rocket League fans.The acquisition is X1's third closed post-IPO acquisition after the announcement of the closing of the Tyrus LLC acquisition on August 5 th 2022, and ShiftRLE on August 10 th 2022.Rocket League globally averages over 80M players per month 1.
The transaction is anticipated to strengthen X1's position in video game media, adding Octane's social media followers and statistical platform at.Top Battery Metals Stocks on the TSX and TSXVĪcquisition of Octane is intended to expand X1 ' s global Rocket League video games portfolio and reach to Gen Z audiences.
0 kommentar(er)
