other material
confidence high
sentiment positive
materiality 0.75
Good Gaming restructures $2.7M debt, launches NFT game MicroBuddies
GOOD GAMING, INC.
- Converted $2.7M of debt into Series E Preferred Stock, eliminating $16.5M derivative liabilities.
- Filed Certificate of Designation for 2.75M Series E shares (each convertible into 1,000 common shares).
- Increased authorized common shares from 202.25M to 205M.
- Launched MicroBuddies NFT game on mainnet in Dec. 2021; community at 6K Discord/22K Twitter/36K Instagram.
- Closed $3.1M PIPE in Nov. 2021 and expanded executive management team plans.