JianHao Tan

GCL Asia signs Business Combination Agreement with RF Acquisition Corp to go public in a SPAC merger valuing the video game distributor & publisher at US$1.2 billion.

Retrieved on: 
Wednesday, October 18, 2023
Titan, Atomic Heart, RFAC, Limited, Security (finance), Publishing, AAA, Winston & Strawn, Acquisition, GCL, Transaction, AMGM, EA, Combination company, Growth, LLP, Marketing, Ecosystem, Partnership, PIPE, JianHao Tan, BCA, IP, Cyberpunk 2077, SEA, Video game, Bookkeeping, Management

GCL has been the exclusive distributor in Asia for 50% of the best-selling games since 2011 and has recently expanded into game publishing and IP management.

Key Points: 
  • GCL has been the exclusive distributor in Asia for 50% of the best-selling games since 2011 and has recently expanded into game publishing and IP management.
  • Upon closing, the combined company (the "Combined Company") is expected to be listed on Nasdaq under the reserved ticker symbol "GCL."
  • GCL, together with its operating subsidiaries, collectively provide a full suite of gaming services, targeting the fast-growing video gaming markets of East Asia ("EA") and Southeast Asia ("SEA").
  • GCL has become an established partner for international PC and video game publishers and developers for EA and SEA.

GCL Asia, a Leading Video Game Publisher & Distributor in Asia, to Go Public via Merger with RF Acquisition Corp

Retrieved on: 
Wednesday, October 18, 2023
Titan, Atomic Heart, RFAC, Limited, Security (finance), Publishing, AAA, Winston & Strawn, Acquisition, GCL, Transaction, AMGM, EA, Combination company, Growth, LLP, Marketing, Ecosystem, Partnership, PIPE, JianHao Tan, BCA, IP, Cyberpunk 2077, SEA, Video game, Financial services, Management

GCL Asia is a leading video game distribution and publishing group in Asia, with more than 2100 online and offline retail touchpoints for game distribution.

Key Points: 
  • GCL Asia is a leading video game distribution and publishing group in Asia, with more than 2100 online and offline retail touchpoints for game distribution.
  • GCL has been the exclusive distributor in Asia for 50% of the best-selling games since 2011 and has recently expanded into game publishing and IP management.
  • Upon closing, the combined company (the "Combined Company") is expected to be listed on Nasdaq under the reserved ticker symbol "GCL."
  • GCL has become an established partner for international PC and video game publishers and developers for EA and SEA.