- Esports Mogul (ESH) has been placed in back-to-back trading halts for the purpose of an upcoming capital raise
- The company will remain in the halts until October 16 or when the announcement is released, whichever occurs first
- On September 22, Esports added custom matchmaking to its Fortnite tournaments to enable better tournament gameplay
- Custom matchmaking means users can create private matches and choose their opponents — meaning random players can’t join
- Shares in Esports last traded for 1.3 cents on October 5
Esports Mogul (ESH) has been placed in back-to-back trading halts for the purpose of an upcoming capital raise.
The company will remain in the halts until October 16 or when the announcement is released, whichever occurs first.
Esports has yet to disclose how much it will be raising or what it will use the funds for.
On September 22, the company added custom matchmaking to its Fortnite tournaments.
Custom matchmaking means users can create private matches and choose their opponents — meaning random players can’t join.
The company stated that this will enable better tournament gameplay for players and fans.
Further, custom matchmaking will increase reporting accuracy over key areas such as scoring, enabling Esports to bring in more opportunities for broadcast.
Shares in Esports last traded for 1.3 cents on October 5.