XD Entertainment, a wholly-owned subsidiary of XD Inc., has entered into an asset transfer agreement with the Sellers and Golden Arc to acquire all rights, title, and interest in certain assigned assets. The transaction grants XD Entertainment full ownership of the Torchlight IP, including the ability to make independent decisions regarding the game Torchlight: Infinite. This acquisition is expected to provide XD Entertainment with greater autonomy over the development and operation of the Torchlight franchise, enabling the company to develop sequels, derivative works, and cross-platform products, and to explore new revenue streams through this premium intellectual property asset.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. XD Inc. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251229-11969438), on December 29, 2025, and is solely responsible for the information contained therein.
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