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Enthusiast Gaming Announces Updates on Divestment of Direct Sales Business

TORONTO, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX:EGLX) today announced that it has entered into a binding letter of intent (the “Binding LOI”) with Vertiqal Studios Corp. (“VSC”) pursuant to an unsolicited offer from VSC to acquire the direct sales business carried on by the Company (the “Direct Sales Business Line”). The entities and assets to be acquired in the transaction (the “Transaction”) are the same as those set out in the Company ...