ICI
Director Trades
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Company News
ASX game integration: investors gain stock market exposure to video games and esports with new ETF
Exchange trade fund (ETF) Betashares Video Games and Esports’ (ASX: GAME) is the first gaming ETF to list on the ASX, and its performance is showing the importance of video games or esports as a potential investment within a rapidly growing multi-billion-dollar industry. Noobs* who have never heard of Overwatch, Red Dead Redemption and Minecraft […]
iCandy Interactive investee RightBridge Ventures raises $770,000 to fund deal closures and IPO
Gaming and digital entertainment company iCandy Interactive (ASX: ICI) revealed its investee RightBridge Ventures has raised SEK5 million (A$770,000) via a private placement to esports and iGaming investor Blue Horizon. iCandy announced last week it had sold its subsidiary iCandy Digital to Stockholm-based RightBridge in return for $4.8 million-worth of RightBridge shares – equating to […]
Fatfish Group completes capital raise and plans to further develop its fintech ventures
Technology venture investment firm Fatfish Group (ASX: FFG) has emerged from a self-imposed trading halt this morning to announce an oversubscribed capital raise to the tune of $1.5 million. According to the deal’s lead manager, leading Melbourne-boutique Peak Asset Management, the cap raise received significant interest with over $7 million in offers received from new […]
iCandy Interactive teams up with Froyo Games to develop Web 3.0 metaverse titles
Gaming and digital entertainment company iCandy Interactive (ASX: ICI) has entered into a strategic partnership agreement with tech start-up Froyo Venture Lab to develop and commercialise Web 3.0 metaverse games, intellectual property (IP) and game arts. Under the terms of the initial seven-year partnership, iCandy will develop a series of games and provide related support […]
iCandy Interactive cements position within the future of gaming: metaverse and Web3.0
iCandy Interactive (ASX: ICI) used the 12 months to December 2021 (FY2021) to cement its position in the gaming metaverse and Web3.0 spaces via numerous acquisitions, which it says is “the future of gaming”. The company stated it had focused “significant resources” during the period towards gaining a foothold in new growth areas including the […]
iCandy Interactive finalises Lemon Sky purchase, unveils NFT and metaverse gaming projects
iCandy Interactive (ASX: ICI) has officially completed its acquisition of Lemon Sky Studios, which is known for its involvement in developing AAA games, with the joint entity to launch a pipeline of NFT and metaverse gaming projects. The $44.5 million acquisition was first announced in November last year, with iCandy to pay $17.8 million in […]
iCandy Interactive acquires Storms to continue Asia Pacific gaming spree
Mobile gaming company iCandy Interactive (ASX: ICI) has taken another forward step on its mission to capitalise on the next generation of global gaming by acquiring a 51% stake in South East Asia-based Digital Games International – trading under the brand name Storms. Essentially a start-up and with less than two years in operation, Storms […]
Animoca Brands raises stake in iCandy Interactive
Investors and market commentators focusing on the ASX online gaming space were this week greeted by the news that blockchain game developer Animoca Brands has almost doubled its existing stake in gaming company iCandy Interactive (ASX: ICI). According to regulatory filings, the transaction was completed for a total of $10 million in exchange for almost […]
iCandy Interactive to acquire majority stake in Gameconomy as part of global gaming ‘power house’ strategy
iCandy Interactive (ASX: ICI) is expanding again after revealing it is acquiring 60% South East Asian gaming backend developer Gameconomy for $497,297 in cash and shares. The acquisition is part of iCandy’s “aggressive” merger and acquisition strategy, which will see it become a “global gaming developer power house”. Malaysia-based Gameconomy is a boutique software company […]
iCandy Interactive completes divestment of subsidiary to RightBridge for $4.8m in scrip
iCandy Interactive (ASX: ICI) has completed the divestment of its subsidiary iCandy Digital Pte Ltd to Stockholm-based RightBridge Ventures for $4.8 million in scrip. The company first announced the divestment in February this year. iCandy Digital has a small library of 26 mobile games and a 17% interest in esports Players League (ESPL). Under the […]
