SEGG Media Corporation has partnered with InvestorBrandNetwork (IBN) for corporate communications efforts. The company operates across three high-growth verticals: Sports.com, Entertainment, and Lottery.com. With a $100 million financing facility and strategic acquisitions underway, SEGG Media aims to unify fragmented fan experiences through live content, gaming, and digital commerce. IBN will leverage its investor-focused distribution network to generate awareness for SEGG Media.
SEGG Media Corporation (NASDAQ: SEGG, LTRYW), a global sports, entertainment, and gaming group, has announced a strategic partnership with InvestorBrandNetwork (IBN) for its corporate communications efforts. The partnership aims to leverage IBN's investor-focused distribution network to generate awareness for SEGG Media's various initiatives and growth plans.
SEGG Media operates across three high-growth verticals: Sports.com, Entertainment, and Lottery.com. The company recently secured a $100 million financing facility to support its strategic acquisitions and expansion plans. The partnership with IBN will help SEGG Media unify fragmented fan experiences through live content, gaming, and digital commerce.
SEGG Media's latest initiative involves a five-year, $11.6 million commercial agreement with Super League Kerala (SLK) in India. The deal grants SEGG Media and its Sports.com super app exclusive global commercial and broadcast rights to SLK, including international streaming, gaming integration, sponsorship, and distribution targeting the Keralite diaspora. This partnership is expected to expand SLK’s global audience by 25% and generate revenue through subscriptions, ads, and licensing [1].
Osisko Development (NYSE: ODV) has also secured a significant US$450 million project loan facility from Appian Capital Advisory for the development of its Cariboo Gold Project in British Columbia, Canada. The financing includes an initial draw of US$100 million to accelerate pre-construction activities and de-risk the project. The credit facility is structured in two tranches: the initial US$100 million draw and US$350 million in subsequent draws available over 36 months. The facility matures in July 2033 and includes interest rates of SOFR plus 9.50% for the initial draw, reducing to SOFR plus 7.50% for subsequent draws. As part of the agreement, Osisko will grant Appian 5,625,031 warrants at CAD$4.43 per share, exercisable until July 2028 [2].
These strategic partnerships and financial commitments position SEGG Media to continue its growth trajectory and solidify its position as a leading player in the global sports, entertainment, and gaming market.
References:
[1] https://rss.investorbrandnetwork.com/ibn-prem/segg-media-corporation-nasdaq-segg-ltryw-secures-11-6-million-football-partnership-in-india/
[2] https://www.stocktitan.net/news/ODV/osisko-development-secures-us-450-million-financing-facility-to-q6nvbgkxydsj.html
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