ESE Entertainment to Acquire K1CK Esports Club

Toronto Stock Exchange Venture Exchange (TSXV) listed ESE Entertainment announced that it has entered into an asset purchase agreement with Pedro Fernandes, the owner of esports organization K1CK Esports Club to acquire all K1CK assets.

ESE Entertainment will pay Fernandes $207.5K CAD ($160K USD) in exchange for the assets, $87.5K ($67.4K) of which will be paid in common shares of ESE Entertainment. Fernandes will continue to operate K1CK, which was founded in 1998, once the acquisition has been completed.


Source: Read Full Article