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Games & Esports Experience Acquisition Corp. announced the closing of its upsized initial public offering (IPO) of 20 million units at $10.00 each, raising $200 million. The IPO commenced trading on Nasdaq under the ticker symbol 'GEEXU' on December 2, 2021. Each unit contains one Class A ordinary share and half a redeemable warrant, with whole warrants exercisable at $11.50 per share. The Company aims to merge with Gamers Club Holdings, a Brazilian gaming technology platform, as part of its strategy to target interactive media and esports sectors.
