CALGARY, AB, March 15, 2023 /CNW/ – HeadsUp Leisure Worldwide Inc. (OTCPINK: HDUP) is happy to announce that it has recognized, and been recognized by, an buying Firm for the completion of the beforehand introduced Reverse Triangle Merger and transfer to a excessive tier trade.
The Firm has been in a mandated quiet interval below a collection of NDA’s to finish numerous company finance agreements to consolidate its property together with numerous beforehand introduced and upcoming new transactions.
HeadsUp’s administration is now tasked with finishing 2 years of audited monetary statements having not too long ago gone by way of its January 31st 12 months finish and as well as shall be getting ready a Registration Assertion to satisfy trade necessities for the completion of the proposed transactions. This course of may even present the knowledge required by the Alberta Securities Fee to request the elimination of the Stop Commerce Order in Canada with the submission of this stuff.
By means of the method of finishing the audits and Registration Assertion, the Firm will start to stipulate particulars of a number of transactions together with acquisitions, new strategic partnerships and new world product launches that till not too long ago had been below strict non-disclosure commitments.
Administration can not but publicly disclose the title of the focused consolidation automobile however will make all materials disclosures required because it navigates by way of the company finance course of, and as required by the varied exchanges, by way of its filings.
New additions to the administration workforce are additionally forthcoming which can make clear the scope of the improved enterprise mannequin in its multi pillared monetization plan for the gaming, lottery and media sectors.
About HeadsUp Leisure Worldwide Inc.
HeadsUp Leisure Worldwide Inc. is a world gaming operator and media firm specializing in on-line gaming, on-line poker, eSports, sports activities betting, on-line lottery, cellular 50/50, charity fundraising platforms, software program and blockchain based mostly fee options.
This information launch comprises “forward-looking statements” inside the that means of the U.S. Non-public Securities Litigation Reform Act of 1995. When used on this launch, phrases equivalent to “estimate,” “anticipate,” “anticipate,” “projected,” “deliberate,” forecasted” and related expressions are supposed to establish forward-looking statements, that are, by their very nature, not ensures of HeadsUp Leisure Worldwide Inc.’s future operational or monetary efficiency and are topic to dangers and uncertainties. Readers are cautioned to not place undue reliance on these forward-looking statements, which communicate solely as of the date of this launch. Because of the dangers and uncertainties, precise occasions might differ materially from present expectations. The Firm disclaims any intention or obligation to replace or revise any forward-looking statements due to new data, future occasions or in any other case.
SOURCE HeadsUp Leisure Worldwide Inc.
For additional data: HeadsUp Leisure Worldwide Inc., Investor Relations, (403) 230-8709, https://HeadsUpEntertainment.com