GCL Global (GCL.US) Rises Over 2.8% After Subsidiary Secures $3M Strategic Investment from ADATA

Stock News12-05

On Friday, shares of GCL Global (GCL.US), a company specializing in the distribution and operation of electronic gaming and entertainment content, climbed more than 2.8% to $1.245 at the time of writing. The uptick followed the company's announcement that its publishing subsidiary, 4Divinity Pte. Ltd., had secured a $3 million strategic investment from ADATA Technology.

According to the announcement, ADATA will acquire approximately 1.2% equity in 4Divinity. The investment marks a significant step in deepening collaboration between the two companies within the gaming and technology ecosystem. It provides additional support for 4Divinity's game publishing and content expansion while reinforcing GCL Global's strategic growth in the global entertainment industry.

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