Games & Esports Experience Acquisition announced that it will redeem shares by April 14 and shut down. The company’s sponsor has determined that it will not make an additional contribution to the trust to extend the deadline.
The announcement did not mention an estimated redemption amount.
The blank check company raised $200 million in a December IPO to target businesses in interactive media, operating directly within or adjacent to competitive gaming and esports sectors.
CEO, Co-Founder and Director Ari Segal most recently served as CEO of IGC, a position he held from December 2018 through June 2021. Segal also serves as a director of Gamers Club. Read more.
