Curated News
By: NewsRamp Editorial Staff
June 25, 2024
Activate Games Announces Global Expansion Plans and New CFO
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- Activate Games Inc. is accelerating global expansion with 40 net new openings, creating intense gaming competition opportunities.
- Activate is securing real estate locations for expansion and welcomes a new Global CFO, Dan Haroun, to manage financing and scaling.
- Activate's expansion will bring adrenaline-pumping adventures to millions of fans, providing an unforgettable entertainment experience for players of all ages.
- Dan Haroun, Activate's new Global CFO, brings 15 years of executive experience in finance, real estate, strategy, and analytics to the team.
Impact - Why it Matters
This news matters as it highlights the rapid expansion of Activate Games Inc., the world's first active gaming experience, into new global markets and the addition of a new Global CFO. This expansion will bring unique physical activity and gaming experiences to communities around the world and provide opportunities for investors and development partners to participate in Activate's growth and success.
Summary
Activate Games Inc. (“Activate”), the pioneering force behind the world’s first active gaming experience announced accelerating global expansion plans with 40 net new openings by the end of 2025. The company is working with international, national, and regional landlords to secure attractive real estate locations for expansion. They plan both corporate and development partner openings across North America, including entering California, New York, Florida, Michigan, Ohio, Minnesota, and Colorado markets in the United States, as well as British Columbia, Quebec, and Saskatchewan in the Canadian market. Activate also welcomed Dan Haroun, CPA, CA as Global CFO, after securing a $37M debt financing from RBC and EDC to fuel its US corporate expansion.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Activate Games Announces Global Expansion Plans and New CFO
