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OverActive Media begins trading on TSXV, Carleton Curtis departs Guild| ESI Digest #51

Byadmin

Jul 17, 2021


Each week, ESI Digest breaks down the weekly happenings in the esports industry, making sense of things so you don’t have to. As well as being housed on YouTube, ESI Digest is available on all major podcast platforms and is also available in written form below.

On this week’s ESI Digest, we cover OverActive Media trading on the TSX Venture ExchangeCarleton Curtis‘ departure from Guild EsportsEvil Geniuses launching Factor.gg, MPL Brazil’s invited teams, plus GameSquare Esports’s Cut+Sew and Zoned acquisition.

This edition of the ESI Digest is in partnership with Omnicoach.

OverActive Media commences trading on TSX Venture Exchange

OverActive Media Corp, the parent company of MAD Lions, Toronto Ultra, and Toronto Defiant, has announced it will begin trading on the TSX Venture Exchange (TSXV).

On July 9th, OverActive Media completed a qualifying translation with capital pool company Abigail Capital Corporation. This saw a reverse takeover of Abigail occur by the shareholders of OverActive.  Abigail has changed its name to OverActive Media Corp and will trade on the TSXV under the ticker ‘OAM’.

Carleton Curtis steps down as Guild Esports Executive Chairman

Carleton Curtis steps down as executive chair
Credit: Guild Esports

UK-based esports organisation Guild Esports has announced that Carleton Curtis has made the personal decision to step down as Executive Chairman.

According to the announcement, Curtis will also leave the company following discussions between himself and Guild’s Board of Directors. As of this writing, Guild Esports has not chosen a direct replacement for the role. However, the organisation has appointed Non-executive Director and esports investor Derek Lew as its Non-executive Chairman.

Evil Geniuses launches LoL analytics platform Factor.gg

North American esports organisation Evil Geniuses has announced the launch of a new esports analytics platform called Factor.gg. 

The goal of the free-to-use platform is to build upon other data solutions on the market, adding proprietary statistics and features to break down each microelement of professional play. Specifically, Factor provides users with a deep analysis of professional League of Legends leagues.

RED Canids, Vivo Keyd, Santos e-Sports among MPL Brazil invited teams

MPL Brazil
(ESI Illustration) Image credit: MOONTON /

Mobile Legends: Bang Bang (MLBB) has announced the six invited teams which will be competing in the inaugural MPL Brazil season.

The invited teams are RED Canids, Vivo Keyd, Santos e-Sports, Black Dragons, Imperial Esports, and DreamMax. All six teams will compete against each other — alongside two open qualifier teams — when the season officially commences on August 14th.

GameSquare Esports acquires Cut+Sew and Zoned for $7.85m

Gamesquare cut + sew Zoned
Image credit: GameSquare Esports

International esports company GameSquare Esports has announced the acquisition of privately-held marketing agency Cut+Sew and Zoned. 

According to the release, the purchase will total $7.85m (~£5.66m), with GameSquare paying in cash and shares.


ESI Digest, in partnership with Omnicoach, is part of the ESI Podcast Network, a collection of podcasts encompassing the esports industry. For deep dives into the major areas of esports with subject matter experts, check out ESI Focus. For conversations with key personnel and major stakeholders in esports, ESI Insight is the series for you.

 





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