Fandifi to Mint Non-Fungible Tokens for Esports Fan Rewards
Last week, Fandom Sports Media announced plans to undertake the development of Non-Fungible Tokens (“NFTs”) to reward esports fans on its All-Age Prediction Platform. [more]
Last week, Fandom Sports Media announced plans to undertake the development of Non-Fungible Tokens (“NFTs”) to reward esports fans on its All-Age Prediction Platform. [more]
The cannabis industry recently saw heightened activity as the United States moved closer towards federal regulation while several M&A deals were announced. In addition, the cannabis edibles market sharply increased as more consumers tried edibles for the first time. [more]
Last month, Real Luck Group, the parent company of LuckBox, an eSports betting platform, listed publicly and opened at C$0.80 per share. Global eSports betting market forecasted to reach $18B by 2026. [more]
Upstart Holdings, an AI-driven lending platform, launched its IPO at $20.00 per share on the NASDAQ at an approximate valuation of $1.5B. On the first day of trading, Upstart’s stock increased by 47% from the IPO price to $29.47 per share. [more]
Last month, Hyundai Motor Group, a South Korean multinational conglomerate, announced an agreement to acquire a controlling interest in Boston Dynamics from SoftBank. [more]
Dye & Durham, a Canadian LegalTech company that recently launched an IPO, announced the acquisition of DoProcess for $530M. Shortly after, Dye & Durham announced another acquisition with a majority stake investment in Courthouse Solutions. [more]
Portfolio performance is often top-of-mind at the beginning of a new year. A key to profitable portfolio performance can be gained by assessing the market’s seasonality trends. This report highlights what indexes/sectors are currently going-in/going-out of expected strength in January. [more]
Organic Garage’s FQ3/2021 revenue was $6.92 million, an increase of 21.6% year-over-year. Gross Profits remains steady above 30%. With improved revenue and previous cost-cutting measures, EBITDA was substantially higher at $0.69 million. [more]
ContextLogic, the parent company of Wish, a global ecommerce platform, recently opened on the NASDAQ at $22.76 per share, 5% below its IPO price. Wish’s IPO was priced at $24.00 per share, which provided gross proceeds of $1.1B at an approximate valuation of $17B. [more]
ServiceNow, a U.S. cloud-based software company, announced the acquisition of Element AI, a Canadian artificial intelligence software company. The acquisition involves plans to build the first AI Innovation Hub in Canada. [more]
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