Immutable Holdings to Move Into Combat Sports Through Gamebred Reverse Takeover

Immutable Holdings signed a definitive agreement for a reverse takeover by Gamebred Fighting Championship, with 312,500,000 consideration shares subject to adjustment. The deal would make Gamebred a wholly owned subsidiary and move Immutable into combat sports promotion and media. Immutable plans to delist from Cboe and seek a TSXV listing, pending financing and regulatory approvals.
Immutable Holdings has agreed to a reverse takeover by Gamebred Fighting Championship, the combat sports promotion tied to Jorge Masvidal. The structure uses a newly formed Florida subsidiary, and if completed, Gamebred would become a wholly owned Immutable unit. The consideration is 312,500,000 shares, subject to adjustment. Immutable also provided a US$1,000,000 secured bridge loan maturing December 31, 2026, with interest at Daily Simple SOFR plus 6.0%, calculated daily, and guarantees from principal shareholders.
Completion remains conditional on an equity financing, Gamebred's conversion into a Florida corporation, and required approvals. Immutable plans to leave Cboe and apply for a TSXV listing. Trading is halted and expected to stay halted until closing. Existing Immutable options would continue on unchanged terms.
Count words? First para: Immutable(1) Holdings2 has3 agreed4 to5 a6 reverse7 takeover8 by9 Gamebred10 Fighting11 Championship12, the13 combat14 sports15 promotion16 tied17 to18 Jorge19 Masvidal20. The21 structure22 uses23 a24 newly25 formed26 Florida27 subsidiary28, and29 if30 completed31, Gamebred32 would33 become34 a35 wholly36 owned37 Immutable38 unit39. The40 consideration41 is42 312,500,00043 shares44, subject45 to46 adjustment47. Immutable48 also49 provided50 a51 US$1,000,00052 secured53 bridge54 loan55 maturing56 December57 31,58 2026,59 with60 interest61 at62 Daily63 Simple64 SOFR65 plus66 6.0%67, calculated68 daily69, and70 guarantees71 from72 pr