QuickCool AB (Publ): QuickCool has entered into a letter of intent regarding the potential “Reverse Take Over” of QuickCool by Esport company GameCubed Inc.
As a result of the RTO, QuickCool would own and operate the Swedish-based Esport team Alliance, currently one of the top five Esport teams in the world.The Proposed Transaction On 12 February 2020, QuickCool AB (“QuickCool”) entered into a letter of intent with Canadian Esport company GameCubed Inc. (“GameCubed”) and its shareholders pursuant to which the shareholders of GameCubed agreed to transfer a 100% holding in GameCubed to QuickCool in exchange for newly issued QuickCool shares (the “Transaction”). The completion of the Transaction is subject to a number of conditions, including