SEGG Media acquires 67.9% of Veloce Esports for ~$41.9M in cash and stock

Sports Entertainment Gaming Global Corp

Acquired 20,008 issued Veloce shares from seven shareholders for £25.1M (~$34.2M).
Subscribed for 4,634 new A1 ordinary shares for £5.68M (~$7.7M) in cash and stock.
Consideration: cash installments through Feb 2027, 2,127,086 SEGG common shares at $10.00/share, and a pre-funded warrant for 227,500 shares.
Post-transaction, SEGG owns ~67.93% of Veloce issued share capital.
Acquisition meets >20% significance threshold; separate financial statements required within 71 days.

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