Super League Announces Sale of Minehut Business Unit to GamerSafer
29 Februar 2024 - 2:00PM
Super League (Nasdaq: SLE) (the “Company”), a leading creator and
publisher of content experiences and media solutions across the
world’s largest immersive platforms, announced today it has sold
its Minehut business unit to GamerSafer, a security and online
gamer experience startup. The Board of Directors of both Super
League and GamerSafer have approved the transaction, which is now
complete.
The transaction allows Super League to
streamline its position in partnering with major brands to build,
market, and operate 3D experiences across multiple immersive
platforms, including open gaming powerhouses like Minecraft, and
aligns with the Company’s judicious cost improvement initiative.
The two companies will maintain a commercial relationship which
ensures that Minehut can remain an ongoing destination available to
Super League’s partners. GamerSafer is committed to sustaining and
growing Minehut which affirms the community's status as a highly
desirable media property.
“We are pleased with the sale of the Minehut
business to GamerSafer, a company committed to growing the business
globally,” said Super League Chair and CEO Ann Hand. “Minehut is a
vibrant online community of players and servers and is in great
hands with GamerSafer. As a commercial partner, we look forward to
observing GamerSafer’s continued success.”
“Great online gaming experiences result from a
combination of user-generated content and player safety. Minehut,
powered by GamerSafer safety tech and partnering with Super League,
brings even more value to the community and brands,” said
GamerSafer Co-founder and CEO, Rodrigo Tamellini. “Additionally,
Minehut synergizes with our deep commitment to the Minecraft
ecosystem, as evidenced by the official Minecraft server list built
in partnership with Mojang Studios and many other projects we’ve
released over the years with the Minecraft community.”
About Super League
Super League (Nasdaq: SLE) is a leading creator
and publisher of content experiences and media solutions across the
world’s largest immersive platforms. From open gaming powerhouses
such as Roblox, Minecraft and Fortnite Creative, to bespoke worlds
built using the most advanced 3D creation tools, Super League’s
innovative solutions provide incomparable access to massive
audiences who gather in immersive digital spaces to socialize,
play, explore, collaborate, shop, learn and create. As a true
end-to-end activation partner for dozens of global brands, Super
League offers a complete range of development, distribution,
monetization and optimization capabilities designed to engage users
through dynamic, energized programs. As an originator of new
experiences fueled by a network of top developers, a comprehensive
set of proprietary creator tools and a future-forward team of
creative professionals, Super League accelerates IP and audience
success within the fastest growing sector of the media industry.
For more, go to superleague.com.
About
GamerSafer
Founded in Silicon Valley in 2019 by two
Brazilian entrepreneurs, GamerSafer is a VC-backed startup scaling
positive and fair play experiences to millions of players
worldwide. Their safety tech suite helps online games, Esports
platforms and online communities defeat crimes, fraud, and toxicity
- a $15B problem for the industry. The solution operates across
platforms, verifying and authenticating players in less than one
second using computer vision and AI technologies. By consolidating
information from independent customer silos, GamerSafer offers a
comprehensive cross-network safety and security (similar to a
credit bureau). Minecraft was the first major game ecosystem using
the technology and the company also found substantial traction
within Esports and thousands of Discord online communities.
Currently, GamerSafer products protect more than 15M players in 85
countries.
Forward-Looking StatementsSafe
Harbor Statement under the Private Securities Litigation Reform Act
of 1995. Statements in this press release that are not strictly
historical are “forward-looking” statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended. These
statements involve substantial risks, uncertainties and
assumptions, including statements related to the Company and Melon
and our acquisition of Melon’s assets that could cause actual
results to differ materially from those expressed or implied by
such statements. Forward-looking statements in this communication
include, among other things, statements about the potential
benefits of our acquisition of Melon and its assets, our possible
or assumed business strategies, potential growth opportunities, new
products and potential market opportunities. Risks and
uncertainties include, among other things, risks related to our
ability to successfully integrate Melon’s operations; our ability
to implement its plans, forecasts and other expectations with
respect to Melon’s business; our ability to realize the anticipated
benefits of the acquisition of Melon, including the possibility
that the expected benefits from the acquisition will not be
realized or will not be realized within the expected time period;
disruption from the acquisition of Melon making it more difficult
to maintain business and operational relationships; the outcome of
any legal proceedings related to the transaction or otherwise; the
negative effects of the announcement or the consummation of the
acquisition of Melon on the market price of our common stock or on
our operating results; significant transaction costs; unknown
liabilities; attracting new customers and maintaining and expanding
our existing customer base, our ability to scale and update our
platform to respond to customers’ needs and rapid technological
change, increased competition on our market and our ability to
compete effectively, and expansion of our operations and increased
adoption of our platform internationally. Additional risks and
uncertainties that could affect our financial results are included
in the section titled “Risk Factors” and “Management’s Discussion
and Analysis of Financial Condition and Results of Operations” in
our Annual Report on Form 10-K for the year ended December 31, 2022
and other filings that we make from time to time with the
Securities and Exchange Commission (‘SEC’) which, once filed, are
available on the SEC’s website at www.sec.gov. In addition, any
forward-looking statements contained in this communication are
based on assumptions that we believe to be reasonable as of this
date. Except as required by law, we assume no obligation to update
these forward-looking statements, or to update the reasons if
actual results differ materially from those anticipated in the
forward-looking statements.
Investor Relations Contact:Shannon Devine/ Mark
Schwalenberg MZ North AmericaMain: 203-741-8811SLE@mzgroup.us
Media ContactGillian
Sheldongillian.sheldon@superleague.com
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