E-Sports

OverActive Media Secures C$2 Million in Exciting Debt Financing Deal

OverActive Media Secures $2 ‍Million in Debt Financing

October 22, 2025 (TORONTO, ONTARIO) – OverActive Media Corp. (“OverActive” or the “Company”) (TSXV: ⁤OAM) (OTC:​ OAMCF), a leading name ⁣in ⁤esports and digital entertainment for modern fans, has successfully completed ⁢its‌ previously‌ announced debt financing, raising a total of C$2 million.

A⁤ Closer Look at the Financing Structure

This financing consists‌ of two secured promissory notes,each⁤ valued ⁤at C$1⁣ million. One ⁤note is issued⁤ to an entity associated with Sheldon Pollack, while the othre goes to an entity linked to the Kimel family.Together, these entities⁢ are referred to as the “Lenders.” As part⁤ of this deal, OverActive ‍has also granted a total of 660,000 common​ share purchase‌ warrants (the “warrants”), ⁢distributing 330,000‍ Warrants​ to each⁤ Lender. Each Warrant allows its holder to ⁤purchase one ​common share of OverActive at an exercise price set ⁢at C$0.30 per share for one year from issuance. The funds raised will be allocated towards general working capital needs.

Regulatory Compliance and ‌Hold Period

All securities related to this financing are subject ‌to a four-month hold period mandated‌ by applicable ‍securities laws and TSX ⁣Venture Exchange (“TSXV”) policies. This hold period is set ⁢to expire on​ February 22, 2026.

Understanding OverActive Media's Mission

about OverActive ‌Media

OverActive Media Corp., listed on TSXV ⁣as OAM and OTCQB‍ as OAMCF, operates ‌globally within media and sports ‌entertainment sectors. The company aims to provide integrated ​marketing solutions‍ along with engaging content ​and live experiences through its diverse portfolio ⁤that includes esports teams‌ and digital products.With offices located‍ in Toronto, ‌Madrid, and Berlin, OverActive proudly owns franchises in ‍some of ‌the⁤ most prestigious ⁤esports leagues worldwide—most​ notably⁢ Movistar KOI and Toronto ULTRA.

Contact ‌Information⁢ for Inquiries

If⁢ you need more information⁣ or ⁤wish to request a demo:

  • Media Inquiries:

    ⁤ ​ ⁢ Adam ⁢Adamou
    ⁢ ⁢ Chief Executive Officer
    ⁣ email: [email protected]

  • Investor ⁤Relations:

    ‌ ‌ ⁢ Babak ‍Pedram
    ⁤ Virtus Advisory Group
    ‌ ⁢ Phone:​ (416)995-8651
    Email: [email protected]

Cautionary Note About Forward-Looking ‌Statements

This⁤ announcement contains forward-looking statements that reflect management’s expectations regarding future events or⁤ results based on current assumptions considered reasonable at‍ this time. These statements often include terms like “may,”‌ “will,” “expect,” or similar phrases indicating potential outcomes related specifically to how ⁤proceeds from this financing will be​ utilized for ‍general working capital purposes.

Investors should ‌keep‌ in mind ​that‌ these forward-looking statements do not guarantee​ future performance; thay are based on ‍estimates which may⁤ change due various factors including economic ‍conditions or regulatory changes both⁤ locally⁢ and internationally. Other risks could arise from market ⁣dynamics affecting ⁤viewership levels for Movistar KOI or Call of Duty Leagues among others.

while efforts have ‌been made by OverActive management team members identifying key risks associated with these projections—there⁢ may still exist unforeseen elements impacting⁤ actual results significantly different than those anticipated here today.

The Importance of Transparency in Financial Reporting

It’s crucial for investors‌ not only understand potential risks but also recognize that any updates⁤ regarding forward-looking statements will occur only when legally required⁣ under applicable regulations—ensuring transparency throughout all communications moving forward.

And don't forget! NoveByte might ‍earn a little pocket change when you click on ⁢our links helping ‍us keep this ‍delightful journalism rollercoaster free for all! ⁢These links don’t sway our editorial judgment‍ so you can‍ trust us! If you’re feeling generous support us here!

Carl

Carl is a mobile technology journalist with over six years of experience specializing in mobile devices, smartwatches, and the latest gadgets. His passion for technology drives him to provide in-depth reviews and insightful articles that help readers make informed choices in the fast-paced world of mobile innovation. An avid e-sports fan, Carl often draws connections between mobile gaming trends and the competitive gaming scene. He enjoys sharing the latest news and developments in e-sports, making him a go-to source for fans looking to stay updated on their favorite mobile games and tournaments.

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