Nasdaq-listed gaming advertising company SuperLeague has issued a public letter urging shareholders to vote in favor of its proposed transaction with bitcoin strategy company Metaplex. In the letter, SuperLeague Chairman and CEO Matt Edelman called it the "most important transaction" in the company’s history. The outcome will be put to a vote at the company’s annual shareholder meeting on Oct. 16. Under terms disclosed in August, Metaplex would invest 2,100 BTC into SuperLeague through its wholly owned U.S. subsidiary. SuperLeague said its gaming advertising business would continue to operate while the company uses bitcoin assets to support growth and speed up bitcoin adoption among gaming audiences. The item was reported by CoinPost and cited by Techub News.
Nasdaq-listed gaming advertising company SuperLeague has released a public letter calling on shareholders to approve its proposed transaction with bitcoin strategy company Metaplex.
In the letter, SuperLeague Chairman and CEO Matt Edelman described the deal as the "most important transaction" in the company’s history. The result will be decided at the annual shareholder meeting on Oct. 16.
Terms disclosed in August
Under the transaction terms announced in August, Metaplex will invest 2,100 BTC in SuperLeague through its wholly owned U.S. subsidiary.
SuperLeague said its gaming advertising business will continue operating while the company uses its bitcoin assets to drive business growth and accelerate bitcoin penetration among gaming players.
The report was cited by Techub News and attributed to CoinPost.
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