M&A - Gamer Pakistan Inc

Form Type: 8-K

Filing Date: 2025-03-31

Corporate Action: Acquisition

Type: Update

Accession Number: 000116169725000123

Filing Summary: Gamer Pakistan Inc. has ceased operations in Pakistan and is pursuing alternative business opportunities, particularly in India. The company plans to acquire or license multi-player online battle games (MPOBG) and conduct esports events in India. To facilitate this, Gamer Pakistan has entered into a Services and Consulting Agreement with Rival Nations Inc., which specializes in MPOBGs and esports tournaments in India. Rival will search for recommended games for acquisition or licensing, charging a fee of $30,000. They will also assist in organizing esports events for a fee of $75,000 and 30% of net revenues from each event, and provide ongoing consulting services at an annual fee of $38,000. Additionally, Gamer Pakistan has advanced $160,000 to Rival for licensing an MPOBG, which is refundable if the deal does not proceed. Rival has failed to secure the license within the allotted 90 days, though repayment of the advance has not been demanded yet.