Animoca Brands Corporation Limited (ASX: AB1, “Animoca Brands” or “the Company”) wishes to advise that ASX has issued to the Company a letter detailing what ASX believes to be breaches of the listing rules. The letter places a particular emphasis on elements of the Company’s business that ASX has recently indicated it does not consider to be appropriate for a listed company, in particular, “substantial involvement in cryptocurrency related activities” and “substantial use of SAFEs issued by subsidiaries”. It is a lengthy letter and there are other issues to address in addition to those aspects.
Animoca Brands to acquire nWay, Inc. (“nWay”) for US$7.69 million (approx. A$11.4 million) of which US$1.94 million (approx. A$2.9 million) is in cash and US$5.75 million (approx. A$8.5 million) in shares
Share consideration will be based on a price per share of the higher of A$0.18 or the 30-day VWAP as of the effective date
Cash consideration includes US$250,000 (approx. A$369,000) to the Sellers and a US$1.69 million (approx. A$2.5 million) cash investment into nWay for operating purposes
nWay is a game developer and publisher of high-quality AAA games on console, PC, and mobile platforms
nWay revenue (unaudited) in the first 8 months of 2019 was US$6.98 million (approx. A$10.2 million) with EBITDA loss of US$1.3m (approx. A$1.88m)
nWay has a global license granted by Lionsgate and Hasbro to make use of the Power Rangers brand, including in POWER RANGERS: Legacy Wars, nWay’s award-winning mobile game with over 50 million downloads
nWayPlay platform (in development) will provide developers with complete backend and fully managed live-ops services to quickly develop and operate competitive multiplayer cross-platform games (currently available to alpha partners)
nWay developers and executives have worked at major technology companies including Google, Tencent, Sony, Electronic Arts, Nintendo, LucasArts, Blizzard, Kabam, Nexon, and NCSoft; the current management will continue to operate nWay
Acquisition adds nWay’s portfolio of games, experienced team, a powerful suite of technologies, and a platform to enter the rapidly growing competitive multiplayer gaming space.
To fund the Acquisition and other opportunities, Animoca Brands has entered into unsecured 12-month loan agreements for a total of A$2.5 million, with attached 12-month options, from sophisticated investors connected to the Company (see “Loan funding” section for details)
Attached for the information of the market is ASX’s query letter to Animoca Brands Corporation Limited (ASX:AB1) dated 13 September 2019 and AB1’s response dated 18 November 2019. ASX’s enquiries are ongoing. AB1’s securities will remain suspended until further notice.
The Company is acquiring US$420,000 (approx. A$610,000) worth of shares of Sky Mavis in a cash and scrip deal (consisting of US$125,000 in cash and US$295,000 in AB1 shares issued at A$0.18 per share)
Animoca Brands leads Hashed, Pangea Blockchain Fund, ConsenSys, and 500 Startups in an investment round totalling US$1.465m (approx. A$2.13m) into Sky Mavis, the maker of the highly rated blockchain game Axie Infinity
The Company has signed an Advisory Agreement with Sky Mavis to receive advisory and consultation services in the areas of scarcity models and non-fungible tokens (NFTs)
The Company has signed a memorandum of understanding to explore further collaboration with Sky Mavis
Axie Infinity is among the highest-grossing blockchain games, with sales of over US$1.1m (approximately A$1.6m), and partners that include Samsung, Klaytn (Kakao), MakerDAO, and Loom Network
Animoca Brands Corporation Limited (ASX:AB1 or the “Company”) wishes to advise that its securities will remain in suspension pending the release of price-sensitive announcements and the completion of the ASX’s ongoing inquiries in relation to the Company’s half-year report for the period ended 30 June 2019.
Animoca Brands Corporation Limited (ASX: AB1, “Animoca Brands” or the “Company”) is pleased to advise that The Addams Family Mystery Mansion (the “Game”), the official mobile game based on the highly anticipated animated movie The Addams Family, has launched globally on the App Store and Google Play.
Animoca Brands Corporation Limited (ASX:AB1 or the “Company”) is pleased to advise that it has completed the acquisition of 100% of the equity of Stryking Entertainment GmbH (“Stryking”) based on the terms disclosed in the Company’s ASX announcement of 4 April 2019.
The Company’s securities will remain in suspension pending the release of a price sensitive announcement in relation to a proposed capital raising and licensing agreement. The Company’s securities will be reinstated to official quotation once the announcement is released to the market.
The securities of the following entities will be suspended from Official Quotation in accordance with Listing Rule 17.5 from the commencement of trading today, 2 September 2019, following their failure to lodge the relevant periodic report by the due date.
Animoca Brands has released its Appendix 4D and half-yearly report for 2019 demonstrating significant growth in revenue (47%) as well as digital and financial current assets (177%). The company ended the period with $16.6 million in cash, digital and financial current assets, up 177% year-on-year, due to an increase in cash generation and an increase in the value of digital assets.
Animoca Brands Corporation Limited ACN 122 921 813 (ASX:AB1) (“AB1”) refers to the letter dated 9 August 2019 from ASX (ASX Letter) in relation to:
1. AB1’s announcement entitled “Acquisition of Quidd & Strategic Capital Raise” released on ASX’s Market Announcements Platform on 8 August 2019 in which AB1 disclosed its acquisition of Quidd, Inc and capital raise of $8,000,000 (the Announcement); and
2. the article published on 7 August 2019 on The Block under the headline ‘Digital collectibles market seeing renaissance as platform targeting superfans scores ~$8M acquisition’ (the Article).
The suspension of trading in the securities of Animoca Brands Corporation Limited (‘AB1’) will be lifted immediately, following the release by AB1 of an announcement regarding a proposed acquisition and capital raising.
Animoca Brands to acquire 100% of Quidd, Inc., a digital goods company that owns and operates the leading global marketplace for buying and selling digital collectibles
Quidd has the world’s largest assortment of digital collectibles licences and partnerships (over 325 brands) featuring the world’s top content owners across multiple verticals - partners include Disney, Marvel, HBO (Game of Thrones), CBS (Star Trek) and NBA, among others
To date, Quidd has issued over 2.1 billion individually-serialized digital collectibles to 6.8 million unique users, and had an average of 208,000 monthly active users for the first half of 2019
Quidd was founded by veterans from Topps, the leader in the sports memorabilia and collectibles industry
The transaction significantly increases Animoca Brands’ economic potential in the digital collectibles sector through digital licensing arrangements with premier content owners
Shares-only deal with US$5m payable upfront and up to US$3m in earn-out payments based on achieving a yearly net profit of US$1.25m, US$1.5m and US$2m, respectively, over 3 years
Animoca Brands completed a strategic capital raise of A$8m (includes director participation) at A$0.20 per share (16.0% premium to 30-day VWAP) to strategic investors, Australian institutional investors, and existing shareholders
Funds will provide working capital for the acquisition and the advancement of various business opportunities including the expansion and localisation of Quidd into large collectibles markets in Asia and Europe
The Company aims to boost the user base and revenue of Quidd by expanding to new markets, as well as drive growth through opportunities unlocked by the new additions to IP portfolio
The securities of Animoca Brands Corporation Limited (‘AB1’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of AB1, pending consideration by ASX of the terms of a proposed acquisition and capital raising.
The securities of Animoca Brands Corporation Limited (‘AB1’) will be placed in trading halt at the request of AB1, pending it releasing an announcement regarding a proposed acquisition and capital raising. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 7 August 2019 or when the announcement is released to the market.
Animoca Brands Corporation Limited (ASX: AB1, “Animoca Brands” or the “Company”) is pleased to advise that its wholly-owned subsidiary Pixowl, Inc. (“Pixowl”) is developing The Addams Family Mystery Mansion (the “Game”), an official mobile game based on the highly anticipated animated movie The Addams Family. The Game is made possible by an interactive license agreement (the “Agreement”) between Pixowl and MGM Interactive Inc. ("MGM").
In accordance with Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001 (Cth), Animoca Brands Corporation Limited (ASX: AB1) (the Company) advises the results of the Company’s 2019 Annual General Meeting.
Animoca Brands to acquire 100% of Gamma Innovations Inc. (“Gamma”) to leverage new audiences and leverage distributed computing power
Gamma’s GammaNow computing engine is a desktop application that leverages users’ idle processing power
Acquisition price is US$350,000, with a potential earnout of US$2,500,000 if Gamma achieves (a) a cumulative revenue target of at least US$5 million over the three year period after the closing of the transaction, and (b) a net profit of at least 5% over that period. Animoca Brands may also, at its sole discretion, commit up to an additional US$350,000 to fund Gamma’s operations, research and development, and customer acquisition
Gamma has a Software License and Development Agreement with Razer (HKSE: 1337), a leading global lifestyle brand for gamers. Gamma whitelabeled GammaNow to develop ‘Razer SoftMiner’, software that utilises users’ idle processing power to mine for ethereum (Gamma collects 50% of the value of tokens mined). In return, users receive Razer’s own loyalty credits called Razer Silver
Razer SoftMiner launched in December 2018 and was integrated into the software that runs across Razer’s user base of over 60 million. To date, there have been 692,000 installs of the Razer SoftMiner software
The acquisition of Gamma confers to Animoca Brands a commercial relationship with Razer, which represents a potential audience of 60 million users, consisting primarily of gamers
The Company is exploring opportunities for the inexpensive, reliable, and scalable computing power of GammaNow
The securities of Animoca Brands Corporation Limited (‘AB1’) will be placed in trading halt at the request of AB1, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 27 June 2019 or when the announcement is released to the market.
Animoca Brands Corporation Limited (ASX: AB1, “Animoca Brands” or “the Company”) wishes to share with shareholders and the public the attached letter dated 19 June 2019, for the purpose of outlining the Chairman’s vision for the Company.
The Directors and management of Animoca Brands Corporation Limited (Animoca Brands or the Company) are committed to conducting the business of Animoca Brands and its controlled entities (the Group) in an ethical manner and in accordance with the highest standards of corporate governance. The Company has adopted and substantially complies with the ASX Corporate Governance Principles and Recommendations (Third Edition) (Recommendations) to the extent appropriate to the size and nature of the Group’s operations.
The suspension of trading in the securities of Animoca Brands Corporation Limited (‘AB1’) will be lifted immediately, following the receipt from AB1 of a copy of the Orders from the Supreme Court of Western Australia issued on 14 June 2019 granting relief pursuant to Section 1322(4) of the Corporations Act 2001 in respect of shares issued by AB1 without disclosure during the period after their issue on 7 September 2018 to 3 June 2019 (inclusive).
Android version of Crazy Defense Heroes successfully launched on Google Play
Android is the world's largest mobile app market (~75% market share) and dominant operating system
Early Access phase of the game on Google Play generated significant interest, resulting in ~400,000 pre-registrations in the last month
Total downloads since launch on iOS in January 2018 are approximately 1.4 million, making the number of pre-registrations on Google Play highly encouraging
Franchise has been highly successful to date on iOS
The Company is leveraging key influencers on social media to market the Google Play version of Crazy Defense Heroes. Combined, these influencers reach over 45 million people on social media such as YouTube, Facebook, and TikTok
The Company expects that the launch on Google Play will increase network effect for all versions of both Crazy Kings and Crazy Defense Heroes globally
Distribution agreements, marquee branding partnerships and re-skin initiatives to bolster successful metrics and provide additional revenue opportunities are being progressed
Animoca Brands Corporation Limited (ASX:AB1) (Company) refers to its market announcements on 23 May 2019, 7 June 2019 and 13 June 2019, and its prospectus dated 3 June 2019 (Prospectus), regarding its application to the Supreme Court of Western Australia (Court) in relation to shares issued without disclosure on 7 September 2018, 16 November 2018, 13 December 2018, 25 January 2019 and 16 April 2019 (Relevant Shares).
Animoca Brands Corporation Limited (ASX:AB1) (Company) refers to its market announcements on 23 May 2019 and 7 June 2019, and its prospectus dated 3 June 2019, regarding its application to the Supreme Court of Western Australia (Court) for orders validating any trading of shares issued without disclosure on 7 September 2018, 16 November 2018, 13 December 2018, 25 January 2019 and 16 April 2019 (Relevant Shares) prior to the Prospectus being lodged with ASIC, and relieving sellers of Relevant Shares from any civil liability.
As announced to ASX on 23 May 2019 and disclosed in its prospectus released to ASX on 4 June 2019 (Prospectus), Animoca Brands Corporation Limited (Company) has become aware that certain shares that it issued without disclosure on 7 September 2018, 16 November 2018, 13 December 2018, 25 January 2019 and 16 April 2019 (Relevant Shares) were, inadvertently, not accompanied by the issue of a valid cleansing document to permit immediate trading of these shares.
Animoca Brands receives approx A$3.6 million (US$2.5m) in cash and cryptocurrency via the issue, by its wholly owned subsidiary TSB Gaming Ltd., of SAFE convertible securities and SAND utility tokens to fund development of the upcoming blockchain version of The Sandbox
The investment was led by Hashed, the largest crypto assets fund and accelerator in South Korea, with operations based in San Francisco and Seoul
Partnership with Klaytn to distribute The Sandbox through its Klaytn ecosystem. Klaytn is the blockchain platform and subsidiary of leading Korean mobile technology company Kakao, the dominant messaging app in South Korea with over 50 million monthly active users and ~US$9.2bn market cap
The Sandbox is currently a highly successful mobile game franchise (40m installs, 1.2m active monthly users); once the blockchain version is launched it will become one of the first decentralised, community driven game platforms, providing users with true ownership of their creations as non-fungible tokens (NFTs: virtual tokens for digital scarcity, security and authenticity representing game items)
The Company expects The Sandbox’s decentralised marketplace to launch Q3 2019
As announced on 14 May 2019, Animoca Brands Corporation Limited (the “Company”) has requested a voluntary suspension of trading in its securities. This request is related to a capital raising by one of the Company’s subsidiaries.
Animoca Brands Corporation Limited ACN 122 921 813 (ASX: AB1) (the Company) advises that the Australian Securities and Investments Commission has granted the Company approval to extend the time within which the Company must hold its 2019 Annual General Meeting (AGM) under section s250P of the Corporations Act 2001 (Cth).
Animoca Brands Corporation Limited ACN 122 921 813 (ASX: AB1) (the Company) advises that as requested by ASX, the Company will recommence Appendix 4C reporting and will lodge its next Appendix 4C by Wednesday, 31 July 2019.
The securities of Animoca Brands Corporation Limited (‘AB1’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of AB1, pending consideration by ASX of the terms of a capital raise by one of AB1’s subsidiaries.
The securities of Animoca Brands Corporation Limited (‘AB1’) will be placed in trading halt at the request of AB1, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 14 May 2019 or when the announcement is released to the market.
Animoca Brands to acquire 100% of the equity in Leade.rs, Inc, co-founded by Loic Le Meur, one of Silicon Valley’s most high-profile angel investors and tech entrepreneurs
Mr Le Meur has had substantial exits and investments in companies such as LinkedIn, Slack, Evernote, Lending Club, Teads, and Fair
Leade.rs is a networking and event matching platform for high-profile technology event speakers, and facilitates the generation of business and investment opportunities
Animoca Brands will utilise the Leade.rs platform and network to provide mentoring and investment opportunities for the companies accelerated by Zeroth, the first artificial intelligence, machine learning, and blockchain focused accelerator
As partner in Animoca Brands and a highly influential and well-connected entrepreneur and investor, Mr Le Meur will assist in growth and expansion opportunities, particularly in Silicon Valley, for Animoca Brands and its subsidiary Zeroth
Prominent technology industry leaders will become shareholders of Animoca Brands via the Acquisition, including Reid Hoffman (co-founder and former executive chairman of LinkedIn), and Phil Libin (co-founder and former CEO of Evernote)
Animoca Brands and Brinc enter into a mutual investment for US$750,000 in shares
Animoca Brands leads pre-seed investment round into Brinc’s subsidiary Brinc AOA with investment of US$750,000 (~A$1.06m)
Artesian - Australia’s largest and most active early stage venture capital firm - will also invest US$750,000 (~A$1.06m) in Brinc AOA
Animoca Brands and Brinc will collaborate on the establishment of an esports and gaming accelerator
Global esports market estimated to be worth US$1.1B (~A$1.56B) in 2019 (26.7% year-on-year increase)
Global esports audience estimated to exceed 450 million in 2019
The Company will leverage the contacts of its recently appointed head of partnerships Michael Ephraim to advance the new gaming and esports accelerator
Mr Ephraim, former managing director of Sony Playstation in Australia and New Zealand, was also the chairman of Showdown, a producer of esport tournaments and exclusive distributor for Twitch media in Australia and New Zealand
Animoca Brands to acquire a 75% stake in Hong Kong-based mobile games developer Skytree
Skytree management team includes accomplished entrepreneurs and executives, as well as one of the world’s top eSports players of Hearthstone® (most popular trading card game with over 100 million players)
Acquisition will significantly and cost-effectively increase the Company’s development capabilities relevant to its recent licencing arrangements with major international sports brands (F1®, Major League Baseball, Bundesliga, Bayern Munich)
Skytree has expertise in trading card games (TCG), also known as collectible card games (CCG)
Skytree is a multiple award-winning game development studio with a portfolio of successful titles including Hachi Hachi and Trillionia, which have 5 million downloads
Skytree’s flagship game Trillionia is a real-time strategy card mobile game inspired by traditional board games such as Monopoly and just last week received the most prestigious technology award in Hong Kong
The Company will utilise its capabilities in publishing & distribution to maximise revenue of Skytree’s current products, which are particularly well suited to blockchain and NFTs
Skytree generated ~A$681,000 in revenue in 2018; revenue for Q1 2019 increased by 27.5% (annualised basis) and the acquisition price is only A$850,000 in cash and shares
Animoca Brands appoints Michael Ephraim as head of partnerships for Australia and New Zealand
Mr Ephraim has extensive gaming industry experience - previously MD of Sony Computer Entertainment (SCE) ANZ and VP SCE Europe for 22 years
At Sony he positioned PlayStation as a total digital home entertainment package by onboarding local services including Stan, Foxtel Play, ABC iView, SBS OnDemand among others
Mr Ephraim developed strong media relationships at the highest levels, and an unparallelled network through successful major sponsorship agreements with the NRL, AFL, FFA, Perisher Valley Ski Resort, and others
Mr Ephraim was vice chairman of the Video Game Committee within AVSDA, leading to the establishment of the standalone games association IEAA, now known as IGEA
Mr Ephraim was also chairman of Showdown, a producer of esport tournaments and the exclusive distributor for Twitch media in Australia and New Zealand
Video game industry in Australia is worth approximately A$3.23 billion
Animoca Brands will leverage Mr Ephraim’s established network and expertise to unlock value through partnerships in the region
Mr Ephraim is a shareholder in Animoca Brands, having participated in the Company’s recent placement
The suspension of trading in the securities of Animoca Brands Corporation Limited (‘AB1’) will be lifted immediately, following the release by AB1 of an announcement regarding its capital raising and acquisition.
Animoca Brands has entered into a binding term sheet to acquire 100% of Stryking Entertainment for an upfront consideration of €1m (~A$1.58m) payable in shares
Stryking is a leading Germany-based company and the operator of the popular fantasy sports game Football-Stars
Stryking holds an official license from the Bundesliga, the top-tier German football league, for the right to use all club logos and player pictures
Stryking also has a license from renowned German football club Bayern Munich, one of the most followed football teams globally with more than 60 million social media followers
Stryking has a highly experienced management team of serial games and finance entrepreneurs, with multiple successful exits and IPOs
Football-Stars will add blockchain gaming elements, starting with the integration of a collectible game using NFTs centered around real football players and clubs
The acquisition adds to the Company’s licencing arrangements with major international sports brands, which also include Formula 1® and Major League Baseball
Animoca Brands has completed a heavily oversubscribed strategic capital raise of A$4.6m at a 4.2% premium to the 30-day VWAP from international blockchain investors, Australian institutional investors, and existing shareholders
Key international blockchain investors included Stellar Partners, Blocore, and Plutus VC
Animoca Brands received considerable support from top tier fund managers and institutions including Perennial Value Management, SG Hiscock, and existing shareholders Sun Hung Kai, Katherine Yip-Ribeiro (founder of Pacific Alliance Group and co-founder and partner of Vina Capital), and Moses Tsang (founder of Goldman Sachs Asia Pacific)
Australian gaming industry veteran Michael Ephriam (ex MD of Sony Computer Entertainment (SCE) ANZ and VP SCE Europe), Simon Clausen (renowned tech investor and a current shareholder), and Yat Siu (chairman and co-founder) also participated in the placement
Animoca Brands becomes Lucid Sight’s exclusive partner to promote, market, and distribute Lucid Sight games in Asia
Lucid Sight’s portfolio includes the blockchain game MLB Champions™, an officially licensed product of Major League Baseball and Major League Baseball Players Association
Animoca Brands is developing blockchain licencing relationships with prominent sports franchises (recently announced Formula 1®), positioning the Company at the forefront of the industry and providing a distribution platform to launch blockchain games and NFTs
Baseball has a strong reach in Asian countries including China, Japan and Korea
Lucid Sight is the developer of various other titles including Crypto Space Commander (CSC), the PSVR game Herocade, Polyrunner, Star Drive, Z-Strike, and 405 Road Rage
Lucid Sight VR and AR games have been downloaded more than 1 million times across the Steam, Gear VR, Oculus Rift, Daydream, and PlayStation platforms
Animoca Brands will seek to implement the assets from Lucid Sight’s games into NFTs for blockchain titles being developed by the Company
The Company participated in a US$6m round of funding into Lucid Sight, along with Salem Partners, The Galaxy EOS VC Fund, Digital Currency Group, Breakaway Growth, and Frontier Venture Capital
Animoca Brands will receive a share of net revenues generated by the Games in Asia, as well as a share of net revenues generated by the Games outside of Asia in connection with distribution, publishing deals, and other agreements
The securities of Animoca Brands Corporation Limited (‘AB1’) will be suspended from quotation immediately under Listing Rule 17.2, at the request of AB1, pending the release of an announcement regarding a proposed capital raising and acquisition.
The securities of Animoca Brands Corporation Limited (‘AB1’) will be placed in trading halt at the request of AB1, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 3 April 2019 or when the announcement is released to the market.
Operating revenue of $12.8m, up 97% year-on-year as a result of strong performance in the Company’s core game business. This amount reflects audit adjustments undertaken such that Zeroth SPC is no longer consolidated for accounting purposes (see highlight 2 below).
$7.66m in cash plus $1.59m in cash at Zeroth SPC (the entity managed by Venture Classic) - the Company ended the year with $7.66m in cash and cash equivalents, up 1014% from the prior year. This amount does not include the $1,592,723 in cash held in Zeroth SPC (see note 1.5(t) to the financial statements). Prior to the publication of this report, the management of the Company was of the view that Zeroth SPC was a consolidated subsidiary of the Company. Management has determined that Zeroth SPC is not consolidated on the basis that control of the Board of Directors of Zeroth and the voting shares of Zeroth are insufficient measures to warrant accounting consolidation.
$16.65m in capital raised via institutional and strategic placements to fund strategic growth opportunities like the acquisition of Pixowl Inc., the collaboration with iClick Interactive Asia Limited (NASDAQ: ICLK), the investment into Dapper Labs, the creators of CryptoKitties, and the acquisition of the Zeroth AI accelerator and its management company, Venture Classic, as well as working capital and research and development. Participating investors included chairman Yat Siu, director Holly Liu, strategic advisor Wilhelm Taht, strategic partners Sun Hung Kai and Lympo, Katherine Yip (founder of Pacific Alliance Group and co-founder and partner of Vina Capital), Moses Tsang (founder of AP Capital and founding chairman of Goldman Sachs Asia Pacific), and Sonny Vu (founder of Misfit and director of OliveX)
Hit games Crazy Kings and Crazy Defense Heroes lead strong performance in the core games portfolio, bringing in over $2.8m in revenue in the first quarter alone
Acquisition of Pixowl Inc., the creators of The Sandbox, world builder games featuring the Snoopy, Garfield, Goosebumps, and Wonder Park intellectual properties, and the blockchain edition of The Sandbox
Acquisition of Tribeflame Oy, the creators of Benji Bananas, co-located in Turku, Finland with TicBits, the team behind the Crazy Kings franchise
Acquisition of Fuel Powered, the development partner of Dapper Labs and Axiom Zen, the creators of CryptoKitties
Acquisition of the Management shares of Zeroth.ai, Asia’s first AI startup accelerator, with a portfolio of 33 companies (and over 60 as of the date of this report) in the burgeoning field of machine learning
Partnerships with leading blockchain companies OST, Helix, Mind Fund, Decentraland, Datum, LikeCoin, Lympo, Musicoin, Harmony, and I-House
Spinoff of OliveX AI fitness subsidiary and partnership with Lympo as a strategic investor for blockchain AI fitness products, and Sonny Vu, the founder of Misfit, as a director and strategic investor
Licensing of Beast Quest brand from Coolabi Licensing Limited to create a tower defense game based on the hit children’s fantasy franchise, which has sold over 18 million books
Partnership with Atari to create blockchain versions of Atari’s hit game titles Rollercoaster Tycoon Touch and Goon Squad
Partnership with iClick Asia Interactive Ltd (NASDAQ: ICLK), China’s largest independent online marketing platform, which is expected to generate revenues of $11m in 2019
Animoca Brands partners with Talenthouse, a platform that offers global brand clients such as Disney, Google, Amazon, and Samsung the services of its community of over 4 million creators and influencer marketers
Animoca Brands and Talenthouse will form a joint venture to provide Talenthouse services to gaming and media clients worldwide (including clients of iClick) and develop commercial opportunities for Talenthouse’s services in Asian markets
Animoca Brands will make an investment of US$2m (~A$2.8m) for 448,413 shares of preferred stock in Talenthouse, payable half in cash and half in newly issued shares of AB1 with a value of $0.11 per share
This deal satisfies the commitments made under the Company’s strategic partnership with iClick Interactive Asia Limited as announced on 11 December 2018
Partnership with Talenthouse presents various powerful synergies for the Company’s existing business, its partners (including iClick), and the upcoming blockchain version of The Sandbox being developed by the Animoca Brands subsidiary Pixowl
Digital ad spending is forecast to grow to US$327.28 billion in 2019
The joint venture with Talenthouse is expected to generate initial minimum revenue of US$1m, and unlock the potential to significantly expand the reach and revenue potential of Animoca Brands products and services
Global licencing agreement secured with Formula 1® to develop and publish the blockchain game F1® Delta Time based on non-fungible tokens (NFTs)
Formula 1® is the pinnacle of motor sport, with an audience of ~1.6Bn TV viewers, 506m global fans, and is broadcast in 180+ territories
The global footprint of F1® includes 21 races in 21 countries on five continents - annual race attendance is over 4.1m people with the majority of fans in the top income bands
The sport attracts the world’s most influential commercial partners including Rolex, Pirelli, DHL, Emirates and Heineken, and also has media rights partnerships with a broad range of leading broadcasters, including Sky, Fox Sports and ESPN
First phase of the game to be released on 10 May 2019 with additional phases to follow
Partnership provides Animoca Brands with a strong foundation for growth and considerable global reach through an established brand
This deal is part of the Company’s vision to onboard the next billion people on to blockchain
Further demonstrates the standing of Animoca Brands as a global leader in blockchain gaming
The securities of Animoca Brands Corporation Limited (‘AB1’) will be placed in trading halt at the request of AB1, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Tuesday, 26 March 2019 or when the announcement is released to the market.
Animoca Brands Corporation Limited (ASX: AB1, “the Company”) is pleased to announce that its subsidiary Pixowl has launched Wonder Park Magic Rides, the mobile game based on the new Paramount Pictures animated film Wonder Park, opening in cinemas across the USA on 15 March and in Australia on 4 April 2019.
Animoca Brands Corporation Limited (ASX: AB1, “the Company”) is pleased to advise that, effective immediately, ASX Limited has granted the Company relief from the ongoing obligation to lodge quarterly cash flow statements (Appendices 4C).