M&A
confidence high
sentiment positive
materiality 0.85
Infinite Reality to acquire ReKTGlobal for $470M in stock; combined valuation $2.47B
UNIVERSAL SAFETY PRODUCTS, INC.
- All-stock deal values ReKTGlobal at $470M based on Infinite Reality equity valuation of $2B.
- Post-close combined entity valued at $2.47B; integration includes esports franchises, marketing, talent management, tech.
- ReKTGlobal owns League of Legends LEC team Rogue and Call of Duty League's London Royal Ravens.
- Acquisition subject to ReKTGlobal shareholder approval, regulatory clearances, and closing conditions.
- Infinite Reality is merging with NYSE-listed Universal Security Instruments (UUU); deal requires UUU shareholder approval and SEC clearance.