Mergers & Acquisitions ·
GameSquare acquires FanEngine IP assets, issuing 5.4M shares representing 30% of stock
GAMEGameSquare Holdings, Inc.
GameSquare Holdings completed its acquisition of sports and entertainment intellectual property assets from FanEngine Holdings Ltd., closing on October 26, 2026. The company issued 5,439,416 shares of common stock to seller securityholders, representing approximately 30% of the post-closing outstanding shares. Additionally, sellers are eligible for up to 1,410,218 contingent earnout shares and $50 million in cash based on future revenue and net income milestones. The board expanded by two directors appointed by the sellers. GameSquare expects FanEngine to contribute immediately to results, supporting a 2027 guidance of over $150 million in revenue and more than $30 million in adjusted EBITDA. GameSquare is a media, entertainment, and technology company connecting brands with Gen Z and Millennial audiences through gaming and esports.