Craig-Hallum Capital Group presented a fairness opinion and disclosure documents to the board of directors of Black Ridge Acquisition Corp. (BRAC) in connection with a proposed acquisition of Allied Esports International and WPT Enterprises. Our firm assisted Craig-Hallum Capital in preparing the fairness opinion and disclosures.
The transaction will create a combined company named Allied Esports Entertainment that is expected to trade on the Nasdaq Capital Market under the ticker symbol AESE. The new company will provide world-class in-person experiences, multiplatform content and interactive services to the global video gaming community.