Response to ASIC media release of 30 June 2022
SYDNEY - 30 June 2022: Animoca Brands Corporation Limited (“Animoca Brands” or the “Company”) wishes to inform its shareholders that the Australian Securities and Investments Commission (“ASIC”) today issued a media release in relation to the delays in the Company’s lodging of financial reporting documents. The media release is available at https://asic.gov.au/about-asic/news-centre/find-a-media-release/2022-releases/22-168mr-animoca-brands-corporation-limited-convicted-and-fined-for-failing-to-lodge-financial-reports.
The Company wishes to clarify that it was unaware of the proceedings described in ASIC’s media release. The Company is working with its legal counsel, King & Wood Mallesons, to help resolve the matter. The Company is also investigating the circumstances that have resulted in this situation and will work productively with ASIC to ensure that Animoca Brands’ shareholders are protected.
The Company continues to work with its auditors to finalise its outstanding financial reports as soon as possible, and will update its shareholders of further notable developments.
About Animoca Brands
Animoca Brands, a Deloitte Tech Fast winner and ranked in the Financial Times list of High Growth Companies Asia-Pacific 2021, is a leader in digital entertainment, blockchain, and gamification that is working to advance digital property rights and contribute to the establishment of the open metaverse. The company develops and publishes a broad portfolio of products including the REVV token and SAND token; original games including The Sandbox, Crazy Kings, and Crazy Defense Heroes; and products utilizing popular intellectual properties including Disney, WWE, Snoop Dogg, The Walking Dead, Power Rangers, MotoGP™, and Formula E. It has multiple subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Grease Monkey Games, Eden Games, Darewise, Notre Game, and TinyTap. Animoca Brands has a growing portfolio of more than 340 investments, including Colossal, Axie Infinity, OpenSea, Dapper Labs (NBA Top Shot), Yield Guild Games, Harmony, Alien Worlds, Star Atlas, and others. For more information visit www.animocabrands.com or follow on Twitter or Facebook.