Investor Acquires Guild Esports Shares

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News/Investor Acquires Guild Esports Shares

Written by Dante Uzel on 30 May 2024 15:20

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Guild Esports has revealed that a Dubai-based investor has obtained approximately 66.7 million shares, equating to 8.28% of the voting rights shares in the company.

The shares were purchased by Mr. Koshy Vinod, thereby elevating him to the position of the third largest shareholder in Guild Esports, as indicated in the list of significant shareholders on Guild’s website. Guild Esports has confirmed that Vinod serves as the chairman of Compassare Holdings, previously described as an investment firm headquartered in the United Arab Emirates.

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Guild further disclosed its engagement in discussions with Vinod and Compassare Holdings concerning the convertible loan agreement. The financial details of the investment were not revealed.

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