Posted by Canadian Investor News | September 11, 2019
Company Name: Aquilini GameCo Inc.
Head Office: Toronto, Ontario, Canada
Number of Employees: 1 to 49
Total Assets: $5 million to $25 million
March 20, 2019 – Aquilini GameCo sold 83,334,000 subscription receipts to investors at a price of $0.30 each for $25,000,200.
Each subscription receipt will entitle the holder to receive one common share of the company upon the closing of a reverse takeover transaction.
The securities were sold to 397 accredited investors and business associates in Canada and across the globe.
Aquilini GameCo intends to use the proceeds of the financing to acquire Luminosity Gaming Inc. and for working capital. Luminosity is a globally recognized esports organization operating in North America and based in Toronto, Canada. Luminosity provides management and support services to players involved in professional gaming.