SEGG amends Form 8-K with pro forma financials for Veloce acquisition
Sports Entertainment Gaming Global Corporation SEGG | 0.00 |
- Sports Entertainment Gaming Global filed an amended Form 8-K to update unaudited pro forma condensed combined financial statements tied to its Feb. 17, 2026 acquisition of a controlling stake in Veloce Esports.
- Pro forma purchase price for Veloce shown at USD 80.63 million, including USD 41.26 million of goodwill and USD 13.75 million of identifiable intangible assets.
- Pro forma balance sheet as of Dec. 31, 2025 showed total assets of USD 131.67 million, total liabilities of USD 54.56 million, total equity of USD 77.11 million.
- Pro forma statement of operations for year ended Dec. 31, 2025 showed revenue of USD 10.34 million, net loss attributable to SEGG of USD 18.03 million.
- Cash consideration liability of USD 12.87 million recorded as payable within 12 months, with noncontrolling interest reflecting 32.27% of Veloce retained by minority shareholders.
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