AcquisitionsNov 4, 2026, 09:02 AM
Gamehaus to Acquire 56% Stake in Techforge for $26.6M
AI Summary
Gamehaus Holdings Inc. has entered into definitive agreements to acquire a 56.0% equity interest in Techforge Co., Ltd for a total consideration of US$26.6 million. The acquisition comprises US$19.6 million payable to Techforge's sellers through newly issued Gamehaus Class A ordinary shares and US$7.0 million in cash paid directly to Techforge. This strategic move is intended to accelerate Gamehaus's transition into an AI content production and distribution platform, with Techforge's subsidiary, Anamana, set to become a primary growth engine. The transaction is expected to close within 30 days.
Key Highlights
- Gamehaus Holdings Inc. to acquire a 56.0% equity interest in Techforge Co., Ltd for US$26.6 million.
- The acquisition consideration includes US$19.6 million in newly issued Gamehaus Class A ordinary shares and US$7.0 million in cash paid to Techforge.
- Gamehaus will issue 24,500,000 Class A ordinary shares to Techforge sellers at a deemed price of US$0.8 per share.
- The transaction is expected to close within 30 days, subject to customary closing conditions.
- Post-acquisition, Mr. Feng Xie will beneficially own 31.5% of Gamehaus and 91.4% of Techforge.
- The acquisition aims to accelerate Gamehaus's transition to an AI content production and distribution platform.
Price Impact
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