Games & Esports Experience Acquisition closed its upsized IPO of 20 million units, including 2.5 million units issued pursuant to the exercise of the underwriters’ over-allotment option.
Units list on the Nasdaq under ticker symbol GEEXU.
The blank check company intends to focus its search on target businesses in interactive media, operating directly within or adjacent to competitive gaming and esports sectors or in industries with similar user characteristics or demographics including ecommerce, media, content and other intellectual property, sports & entertainment, and social media.
Concurrently with an initial business combination, the SPAC currently plans to merge with Gamers Club Holdings, a gaming technology subscription platform and community hub based in Brazil and an affiliate of the SPAC’s sponsor.
J.P. Morgan and William Blair were joint book-running managers for the offering. Read more.
