While the esports organisation, Heroic, recently secured a massive round of funding to continue operations, it seems like the company will also be switching owners in the near future, as a new statement published on the NOTC stock exchange’s website (thanks, Dexerto) has revealed that Heroic has entered into an agreement to sell.
The deal is said to be valued at $5.25 million and will see the organisation, Krow Bidco AS, acquiring all issued and outstanding shares in the esports team, and this does include shares owned by Heroic’s board members and executive management, each of whom have agreed to sell their shares.
There is no word on when the deal will be closed, but we are told that the deal hinges on whether Krow Bidco AS acquires at least 75% of all Heroic shares.