GameSquare Esports Inc. (OTCMKTS:GMSQF) jumped 50% after announcing its special and annual shareholder meeting results that took place on September 21, 2021.
Shareholders voted on four matters, including voting of directors, Krestoin GTA LLP appointments as the auditor for the company and authorization to fix the auditor’s remuneration, approval of a rolling stock plan, and the approval of the company’s restricted stock unit compensation plan. In addition, Tom Walker, Justin Kenna, Travis Goff, Kevin Wright, Paul LeBreux, and Craig Armitage were elected as the company’s directors.
The company has announced the purchase of 100% of NextGen Tech LLC’s outstanding and issued shares. As part of the deal, the company issued 83.3 million common shares to former Complexity shares consisting of Jerry Jones Family, Jason lake, and Goff Capital Inc. GameSquare CEO Justin Kenna said that Complexity Gaming is an outstanding esports organization. He added that they have an exceptional combination of professional management, world-class facilities, and a winning team. Investors should keep an eye on GMSQF.
Market Reaction:
On Wednesday, GMSQF stock soared 50% at $0.4490 with more than 3.21 million shares, compared to its average volume of 66K shares. The stock has moved within a range of $0.2900 – 0.5500 after opening the trade at $0.3095.
