Clarification on investment of US$4.1 million (~A$6 million) from strategic investors
7 July 2020: Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”) refers to its announcement dated 3 July 2020 describing investments totalling US$4.1 million (approximately A$6 million) from strategic investors. The Company wishes to notify that the unsecured convertible promissory notes that it utilised to raise funds may convert into equity in Animoca Brands at any time on or after maturity at a price per share of A$0.18.
About Animoca Brands
Animoca Brands is a leader in the field of digital entertainment, specializing in blockchain, gamification, and artificial intelligence technologies to develop and publish a broad portfolio of mobile products including games such as The Sandbox, Crazy Kings, and Crazy Defense Heroes as well as products utilizing popular intellectual properties such as Formula 1®, Marvel, Garfield, Snoopy, Thomas & Friends™, Power Rangers, MotoGP, and Doraemon. Animoca Brands’ portfolio of blockchain investments and partnerships includes Lucid Sight, Dapper Labs (creators of CryptoKitties), WAX, Harmony, and Decentraland. The Company is based in Hong Kong, United States, South Korea, Finland, Argentina, and the Czech Republic. For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.