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ESE ENTMT INC (symbol: ENTEF) is a global technology company focused on gaming that provides services to leading video game developers, publishers, and brands. ESE operates its ecommerce channels, esports teams, and gaming leagues, delivering technology, infrastructure, and fan engagement services internationally. The company recently completed the grand finals of the 2024 Ultraliga esports tournament, engaged in a partnership with Pringles for the Samsung Galaxy Ultraliga tournament, produced the Teamfight Tactics esports tournament, and is currently producing the Mid-Season Invitational 2024 for League of Legends. Additionally, ESE has expanded its partnership with Bombee Global Entertainment to support the Crescent Street Grand Prix Festival during the Montreal Formula 1 Grand Prix week.
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ESE Entertainment Inc. (ESE) (TSXV:ESE)(OTCQX:ENTEF) has announced that the TSX Venture Exchange has accepted the Company's notice to implement a normal course issuer bid (NCIB) to purchase, for cancellation, up to 4,000,000 of its common shares, representing approximately 4.9% of the Company's current issued and outstanding common shares and approximately 6.9% of the public float. The NCIB will commence on January 12, 2024, and continue until October 31, 2024, or earlier if the Company has acquired the maximum number of shares. The Company believes that the purchase of the shares under the NCIB is in the best interests of the Company and will enhance shareholder value.
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ESE Entertainment provides a corporate update on its growth strategy, including completing the sale of 70% of a subsidiary for $9.1 million, reducing operational burn through a review of resources, expanding into sports and entertainment industries, scaling operations in North America, exploring profitable acquisition opportunities, and focusing on improving financial performance and increasing margins. CEO Konrad Wasiela emphasizes the company's vision of becoming a key player in the gaming and entertainment industry.
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ESE Entertainment Inc. announces strategic partnership with Poznań Game Arena and Metapro to organize the Web3 Game Arena (W3GA) event. The event includes cash prize pools for winners. Top ten simracers from the W3GA HOT LAP qualifiers advance to the grand final on October 7, 2023. The W3GA PRO RACE tournament has two qualifying rounds and a final round on September 30th. Winners receive cash prizes. The partnership showcases the utility of Web3 technology in esports and gaming. The Poznań Game Arena will take place on October 6-8, 2023.
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ESE Entertainment executes production of Teamfight Tactics tournament with AR enhancements, attracting sponsors and partners like Samsung and Kia. CEO emphasizes goal of establishing a global footprint and implementing new technologies.
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ESE Entertainment partners with a company known for technical gaming production, aiming to undertake larger contracts. Key highlights include proven expertise, large-scale customers and partnerships, innovative AR/VR utilization, and AI-powered production. The partnership allows ESE to scale its business globally and test new technologies.
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ESE Entertainment's esports team, K1CK Esports, has qualified for the ALGS Season Finale with a $2M prize pool. Apex Legends is experiencing significant growth. The event will take place from September 6th to 10th in Birmingham, UK.
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ESE Entertainment Inc. announces comprehensive growth strategy, including new capital injection, global expansion, focus on large-scale customers and partnerships, innovative AR/VR utilization, and AI-powered production.
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The Watchlist by The Market Herald has released new interviews with Vertex Resource Group, ESE Entertainment, Gamelancer Media, and Strategic Resources. Vertex Resource Group reports record second quarter 2023 results. ESE Entertainment announces the sale of a 70% interest in GameAddik. Gamelancer Media exceeds Q2 OTT forecast, 2023 revenues exceed Q2 2022.
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FAQ
What is the current stock price of ESE ENTMT (ENTEF)?
The current stock price of ESE ENTMT (ENTEF) is $0.0506 as of November 22, 2024.
What is the market cap of ESE ENTMT (ENTEF)?
The market cap of ESE ENTMT (ENTEF) is approximately 6.0M.
What services does ESE ENTMT INC provide?
ESE delivers technology, infrastructure, and fan engagement services to video game developers, publishers, and brands globally.
What notable tournaments has ESE ENTMT INC been involved in?
ESE recently completed the grand finals of the 2024 Ultraliga esports tournament, partnered with Pringles for the Samsung Galaxy Ultraliga, produced the Teamfight Tactics esports tournament, and is currently producing the Mid-Season Invitational 2024.
What is ESE ENTMT INC's latest expansion?
ESE expanded its partnership with Bombee Global Entertainment to support the Crescent Street Grand Prix Festival during the week of the Montreal Formula 1 Grand Prix, showcasing its capabilities in the traditional sports arena.
ESE ENTMT INC