Investor Acquires Guild Esports Shares

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News/Investor Acquires Guild Esports Shares







Investor Acquires Guild Esports Shares
Investor Acquires Guild Esports Shares

Investments

30 May 2024 15:20

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.

More:GIANTX X HSBC Partnership Extended

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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About the author

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Dante Uzel
Esports & Gaming Journalist
Dante Uzel is an esports and gaming news journalist with eight years covering the industry. His work has appeared in publications including Game Life and The Game Post, and he currently reports for TwogNews and TwogPedia.