Gamehaus Holdings Inc. and Golden Star Acquisition Corporation Announces Closing of Business Combination and Listing on Nasdaq
Gamehaus Holdings, a mobile game publishing company, and Golden Star Acquisition (NASDAQ: GODN) have completed their business combination following shareholder approval on January 20, 2025. Gamehaus' Class A ordinary shares will begin trading on the Nasdaq Capital Market under the ticker symbol 'GMHS' starting January 27, 2025.
The merger marks a strategic move for Gamehaus to accelerate innovation, fund new game development, and expand its global player base. Founder and Chairman Feng 'Brian' Xie emphasized the significance of becoming a publicly traded company and their commitment to leveraging technology for delivering immersive gaming experiences.
Gamehaus Holdings, un'azienda di publishing di giochi mobili, e Golden Star Acquisition (NASDAQ: GODN) hanno completato la loro fusione dopo l'approvazione degli azionisti avvenuta il 20 gennaio 2025. Le azioni ordinarie di Classe A di Gamehaus inizieranno a essere scambiate sul Nasdaq Capital Market con il simbolo ticker 'GMHS' a partire dal 27 gennaio 2025.
La fusione rappresenta un passo strategico per Gamehaus per accelerare l'innovazione, finanziare lo sviluppo di nuovi giochi ed espandere la propria base di giocatori a livello globale. Il fondatore e presidente Feng 'Brian' Xie ha sottolineato l'importanza di diventare un'azienda quotata in borsa e il loro impegno nel sfruttare la tecnologia per offrire esperienze di gioco coinvolgenti.
Gamehaus Holdings, una compañía de publicación de juegos móviles, y Golden Star Acquisition (NASDAQ: GODN) han completado su combinación empresarial tras la aprobación de los accionistas el 20 de enero de 2025. Las acciones ordinarias Clase A de Gamehaus comenzarán a cotizar en el Nasdaq Capital Market bajo el símbolo ticker 'GMHS' a partir del 27 de enero de 2025.
La fusión marca un movimiento estratégico para Gamehaus para acelerar la innovación, financiar el desarrollo de nuevos juegos y expandir su base de jugadores a nivel global. El fundador y presidente Feng 'Brian' Xie enfatizó la importancia de convertirse en una compañía cotizada y su compromiso de aprovechar la tecnología para ofrecer experiencias de juego inmersivas.
게임하우스 홀딩스, 모바일 게임 퍼블리싱 회사,와 골든 스타 인수 (NASDAQ: GODN)는 2025년 1월 20일 주주 승인 이후 비즈니스 결합을 완료했습니다. 게임하우스의 클래스 A 보통주는 2025년 1월 27일부터 'GMHS' 심볼로 나스닥 자본 시장에서 거래를 시작합니다.
이번 합병은 게임하우스가 혁신을 가속화하고, 새로운 게임 개발에 자금을 지원하며, 전 세계 플레이어 기반을 확장하기 위한 전략적 움직임을 의미합니다. 창립자이자 회장인 펑 '브라이언' 시에는 상장 회사로의 전환과 몰입감 있는 게임 경험을 제공하기 위해 기술을 활용하겠다는 의지를 강조했습니다.
Gamehaus Holdings, une entreprise de publication de jeux mobiles, et Golden Star Acquisition (NASDAQ: GODN) ont terminé leur combinaison d'affaires après l'approbation des actionnaires le 20 janvier 2025. Les actions ordinaires de classe A de Gamehaus commenceront à se négocier sur le Nasdaq Capital Market sous le symbole boursier 'GMHS' à partir du 27 janvier 2025.
La fusion marque un mouvement stratégique pour Gamehaus visant à accélérer l'innovation, à financer le développement de nouveaux jeux et à étendre sa base de joueurs à l'échelle mondiale. Le fondateur et président Feng 'Brian' Xie a souligné l'importance de devenir une entreprise cotée en bourse et leur engagement à utiliser la technologie pour offrir des expériences de jeu immersives.
Gamehaus Holdings, ein Unternehmen für die Veröffentlichung von mobilen Spielen, und Golden Star Acquisition (NASDAQ: GODN) haben nach der Genehmigung der Aktionäre am 20. Januar 2025 ihre Unternehmenszusammenlegung abgeschlossen. Die Ordinary Shares der Klasse A von Gamehaus werden ab dem 27. Januar 2025 unter dem Tickersymbol 'GMHS' an der Nasdaq Capital Market gehandelt.
Die Fusion stellt einen strategischen Schritt für Gamehaus dar, um Innovationen zu beschleunigen, die Entwicklung neuer Spiele zu finanzieren und die globale Spielerbasis zu erweitern. Der Gründer und Vorsitzende Feng 'Brian' Xie betonte die Bedeutung, ein börsennotiertes Unternehmen zu werden, sowie ihr Engagement, Technologie zu nutzen, um fesselnde Spielerlebnisse zu bieten.
- Successful completion of business combination with SPAC
- Upcoming Nasdaq listing under GMHS ticker
- Access to public markets for funding game development
- Potential for global market expansion
- None.
Insights
The completion of this SPAC merger marks a strategic transformation for Gamehaus Holdings, providing immediate access to public markets without the traditional IPO process. This transaction is particularly noteworthy given the current challenging SPAC environment, where successful completions have become increasingly rare.
The mobile gaming sector presents compelling growth dynamics, with projected market size reaching
- Enhanced ability to pursue M&A opportunities in the fragmented mobile gaming space
- Improved access to capital markets for funding game development and user acquisition
- Increased credibility with potential business partners and game developers
- Greater financial flexibility for international expansion
However, investors should note that SPAC mergers in the gaming sector have shown mixed performance historically. Success will largely depend on Gamehaus's ability to: 1) Maintain efficient user acquisition costs in an increasingly competitive market 2) Develop or acquire hit titles that generate sustainable revenue streams 3) Navigate the complex regulatory environment, particularly regarding monetization strategies and data privacy.
The transition from GODN to GMHS ticker represents more than just a symbol change - it reflects the company's evolution from a blank-check company to an operational gaming enterprise. The involvement of multiple legal advisors from different jurisdictions suggests a complex deal structure, likely involving international operations and compliance considerations.
Mr. Feng "Brian" Xie, the Founder and Chairman of Gamehaus, commented, "The successful completion of this business combination represents a pivotal milestone in our journey. Becoming a publicly traded company on Nasdaq position us to accelerate innovation, fund the development of new games, expand our global player base, and drive greater value for our shareholders. We are energized to build on our proven success in the mobile gaming industry, leveraging our cutting-edge technology and creative expertise to deliver immersive gaming experiences to millions of players around the world."
Mr. Linjun Guo, Chief Executive Officer of Golden Star, added, "We are delighted to finalize this business combination, and are excited to support Gamehaus in its next chapter of growth. We look forward to helping them broaden their portfolio of successful game titles and achieve even greater success in the dynamic gaming industry."
Advisors
Hunter Taubman Fischer & Li LLC, Ogier (Cayman) LLP, and JunHe LLP served as legal advisors to Gamehaus. Wilson Sonsini Goodrich & Rosati, Conyers Dill & Pearman LLP, and Deheng Shanghai Law Office served as legal advisors to Golden Star.
About Gamehaus
Gamehaus Holdings Inc. is a technology-driven mobile game publisher dedicated to nurturing partnerships with small- and medium-sized game developers to amplify their success. "You make successful games. We make games successful" is the company's mantra, encapsulating its commitment to transforming potential into prosperity through data-driven monetization support and optimizing game publishing solutions.
About Golden Star Acquisition Corporation
Golden Star Acquisition Corporation is a blank check company formed as an exempted company under the laws of the
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including, but not limited to, the Company's business plan and outlook. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as "approximates," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may", or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the
Investor Relations Contact
Gamehaus Holdings Inc.
Investor Relations
Email: IR@Gamehaus.com
The Blueshirt Group
Jack Wang
Email: Gamehaus@TheBlueshirtGroup.co
View original content:https://www.prnewswire.com/news-releases/gamehaus-holdings-inc-and-golden-star-acquisition-corporation-announces-closing-of-business-combination-and-listing-on-nasdaq-302359853.html
SOURCE Gamehaus Holdings Inc.
FAQ
When will Gamehaus (GMHS) start trading on Nasdaq after the GODN merger?
What was the shareholder approval date for the GODN-Gamehaus business combination?
What are the main benefits of the GODN-Gamehaus merger?