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ESE Entertainment ( (TSE:ESE) ) just unveiled an update.
ESE Entertainment Inc., a global gaming technology company, announced the grant of 250,000 stock options to Ryan Vaupshas, a director of the company, under its equity incentive plan. These options, allowing the purchase of common shares at $0.07 each, are exercisable for three years and subject to TSX Venture Exchange approval. This transaction is categorized as a related party transaction per regulatory definitions, but exemptions were applied to bypass valuation and minority shareholder approval requirements. This move emphasizes ESE’s strategic efforts to align management interests with shareholder value and underscores its commitment to strengthening its operational leadership.
More about ESE Entertainment
ESE Entertainment Inc. is a global technology company focused on the gaming industry. It provides a variety of services to leading video game developers, publishers, and brands, including technology, infrastructure, and fan engagement solutions internationally. Additionally, ESE operates its own ecommerce platforms, esports teams, and gaming leagues.
YTD Price Performance: 12.50%
Average Trading Volume: 26,422
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.94M
See more data about ESE stock on TipRanks’ Stock Analysis page.
