Investment
Funding rounds, acquisitions and mergers: who invests in esports, and at what valuation when it is public.
Who owns what: PIF, Savvy Games Group and Qiddiya in esports
A map of the Saudi-backed holdings that touch esports, entity by entity: what PIF, Savvy Games Group, Qiddiya and the Esports Foundation own, fund or have only signed.
InvestmentHow a seller-financed esports team sale works, and where it breaks
When a buyer cannot pay cash, the seller lends most of the price. The documents of the 2024 Complexity sale show how the note, the security and a default work.
InvestmentCourtois and NXTPLAY invest in Astralis owner Fusion Esports Group
Astralis says Thibaut Courtois and Gonzalo Vila have joined its owner, Fusion Esports Group, as investors through NXTPLAY. The terms are not disclosed; Danish filings give the context.
InvestmentGameSquare set aside US$8.1 million against its Complexity sale note
GameSquare's annual report set aside US$8.1 million against the US$9.5 million note behind the 2024 sale of Complexity, five months before the club shut down.
InvestmentHow to read an esports deal announcement, from signing to closing
What a Form 8-K says at each stage of a sale or an investment, from the signed agreement and the stockholder vote to the closing, read through the gaming deals of 2026.
InvestmentReverse stock splits and Nasdaq's US$1 rule at listed esports companies
How a reverse stock split works, who decides it, and how Nasdaq's US$1.00 minimum bid rule pushes small listed esports companies toward one, with the cases of GameSquare, NIP Group and Super League.
InvestmentFaZe owner GameSquare agrees to give 30% of its stock for FanEngine
GameSquare Holdings signed a contribution agreement for four FanEngine media assets, paid with 30% of its enlarged stock plus earnouts. Stockholders must vote first.
InvestmentWhat a going-concern warning means for an esports company
How management and auditors decide there is doubt about a company's future, the one-year test behind it, and what the August 2026 filings of three esports-linked companies show.
InvestmentSuper League agrees to hand Metaplanet 95.7% months after Misfits deal
Super League Enterprise, which bought Misfits Gaming's ad business in May, agreed to issue 95.7% of its stock to Metaplanet and become Superplanet. A vote comes first.
InvestmentM80 buys the Boston Breach slot and enters the Call of Duty League
M80 has acquired the Boston Breach franchise and will play in the Call of Duty League as M80 Boston. The price is not disclosed, and the announcement does not name the seller.
InvestmentGaming cafe chain Friendly Fire closes a US$4.7 million Series A
Friendly Fire, the Zagreb gaming and esports cafe franchise, closed a Series A with AYMO Ventures and counts 31 signed franchise agreements for 178 more locations.
InvestmentEnthusiast Gaming's filings show C$45 million of debt in default
Enthusiast Gaming, the former owner of Luminosity, classes all its C$45 million of debt as current after covenant breaches, with one lender's forbearance over since March 31.
InvestmentFaZe owner GameSquare wins stockholder vote on a reverse stock split
GameSquare Holdings stockholders approved a reverse split of 1-for-2 to 1-for-8 on August 13, with Nasdaq's September 7 deadline on its minimum bid price rule close.
InvestmentWho is buying in: 13D, 13G and poison pills at listed esports companies
How the public learns that an investor is building a stake in a listed gaming or esports company, what the 5% line triggers, and how a rights plan answers a buyer.
InvestmentMotorsport Games adopts a poison pill as Red Oak's stake reaches 11%
The publisher of Le Mans Ultimate has adopted a one-year stockholder rights plan triggered at 12.5% and rewritten its meeting rules. Red Oak Partners holds about 11% of its shares.
InvestmentSuper League closes its purchase of the Misfits Ads Division
Super League Enterprise has completed its deal for the advertising arm of Misfits Gaming Group: cash, shares, warrants, an earnout over two years and a board seat for Misfits.
InvestmentSavvy Games Group agrees to buy Mobile Legends maker Moonton
ByteDance has agreed to sell Moonton, the studio behind Mobile Legends: Bang Bang, to Saudi-owned Savvy Games Group, Bloomberg and Reuters report. No price is officially disclosed.
InvestmentInvictus Gaming launches WSIG with World Sports Group in 80% deal
Invictus Gaming and World Sports Group have announced a new club, WSIG, and an investment of nearly 80 million CNY. A company created for the deal now holds 80% of the 2018 world champion.
InvestmentEvo passes fully to Qiddiya-owned RTS as NODWIN sells its stake
NODWIN Gaming has sold its stake in Evo to RTS, which Qiddiya owns. Evo answered with a plan: legacy events unchanged, new countries from 2027 and a world championship.