Infinite Reality closes $470M ReKTGlobal acquisition; merger with USI still pending

UNIVERSAL SAFETY PRODUCTS, INC.

Infinite Reality closed $470M acquisition of esports conglomerate ReKTGlobal, based on iR equity valuation of $2B.
Combined post-close valuation of $2.47B; ReKTGlobal brings Team Rogue, London Royal Ravens, and digital agencies.
Merger with Universal Security Instruments (NYSE: UUU) remains subject to shareholder and SEC approvals.
Infinite Reality secured $200M Standby Equity Purchase Agreement with Yorkville Advisors for post-merger funding.
ReKTGlobal founders Dave Bialek and Amish Shah join iR leadership; combined offices now in six cities.

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