MicroCap Trading Higher As Major Stakeholder Plans to Acquire Up to 10% of Common Shares

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, January 16, 2025

The mobile gaming industry is booming like never before, with explosive growth in both Web2 and Web3 markets. Predictions are for the global mobile gaming market to soar to a staggering $432 billion by 2028, fueled by an impressive 1.9 billion gamers worldwide.

This company sees this as a golden opportunity to ride the skyrocketing demand for play-to-earn mobile app games. Good Gaming Inc. (OTCQB: GMER) is an innovative brand that has been creating unique interactive entertainment experiences since 2008. In a press release today, they announced that ViaOne Services, already a substantial investor in Good Gaming Inc., intends to purchase up to 10% of the firm's shares in the open market in 2025.

ViaOne has been a dedicated ally of Good Gaming Inc., solidifying its support with over $2 million in financial backing, now converted into equity investments. This strategic move underscores ViaOne’s confidence in Good Gaming Inc.’s potential and aligns its interests with the shareholders. Looking ahead, ViaOne intends to strengthen its role as a major shareholder with the acquisition. These purchases will be made in the open market and gradually accumulated over time.

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