OverActive Media Closes $40M Investment, Montreal Canadiens Join Ownership Group 

OverActive Media Closes $40M Investment, Montreal Canadiens Join Ownership Group 

Toronto-based esports company OverActive Media announced the second closing on their previously announced private placement, bringing the aggregate gross proceeds of their brokered and non-brokered financings to over $40M USD.   The parent company of three esports franchises, the Overwatch League’s Toronto Defiant, the Call of Duty League’s Toronto Ultra, and the MAD Lions, the current champions of the League of Legends European Championship (LEC), also announced that the National Hockey League (NHL) […]

The post OverActive Media Closes $40M Investment, Montreal Canadiens Join Ownership Group  first appeared on The Esports Observer.

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