TORONTO, July 4, 2023
/CNW/ -
OverActive Media ("OverActive" or the "Company") (TSXV: OAM) (OTCQB:
OAMCF), a global
sports, media and entertainment company for today's generation of fans,
today announced that the Company has granted a total of 3,000,000
restricted share units ("RSUs") to various officers. The RSUs will
vest over three years, with one-third vesting on each of the first,
second and third anniversaries of the date of grant. The RSUs were
granted pursuant to the Company's omnibus equity incentive
plan.
ABOUT OVERACTIVE MEDIA
OverActive Media (TSXV: OAM) (OTCQB: OAMCF) is headquartered in Toronto, Ontario,
with operations in Madrid, Spain and
Berlin, Germany. OverActive's
mandate is to build an integrated global company delivering sports,
media and entertainment products for today's
generation of fans with a focus on esports, videogames, content creation and distribution, culture,
and live and online events. OverActive owns team franchises in
professional esports leagues including (i) the Overwatch League,
operating as the Toronto Defiant, (ii) the Call of Duty League,
operating as the Toronto Ultra, and (iii) the League of Legends
European Championship ("LEC"),
operating as the MAD Lions.
OverActive also leads
OAM Live, an events arm that produces
both live and online events.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE OverActive Media