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OverActive Media Confirms Exit from the Overwatch League, Bolsters Balance Sheet by $16 Million CAD

Newswire.ca - Wed Nov 8, 2023

Company Set for New Chapter with Strengthened Financial Position and Continued Commitment to Esports

TORONTO, Nov. 8, 2023 /CNW/ - OverActive Media (TSXV: OAM) (OTCQB: OAMCF) ("OverActive" or the "Company"), a leading sports, media, and entertainment company for today's generation of fans, today announced that it has entered into a final agreement with Activision Blizzard regarding the previously announced termination of its Team Participation Agreement in the Overwatch League. The agreement allows OverActive to exit its commitments in the Overwatch League and provides it with strengthened financial stability. Unless otherwise specified, all amounts are in Canadian dollars ($).

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.