TORONTO, Dec. 2, 2024
/CNW/ - OverActive Media (TSXV: OAM) (OTC: OAMCF) ("OverActive" or
the "Company"), a premier global esports and entertainment company
for today's generation of fans today announced that the
Company has granted a total of 650,000 deferred share units
("DSUs") to various directors, and 1,500,000 restricted share units
("RSUs") to various officers. The DSUs and RSUs were issued in
accordance with the terms of the Company's 2022 Omnibus Equity
Incentive Plan. The DSUs will vest, one-third on the first
anniversary, and the remaining two-thirds on June 30, 2026 and June 30,
2027, respectively. The RSUs will vest, one-third on the
first anniversary, and the remaining two-thirds on March 4, 2026 and March 4,
2027, respectively.
ABOUT OVERACTIVE MEDIA
OverActive Media Corp. (TSXV: OAM) (OTC: OAMCF) is
headquartered in Toronto, Ontario,
with operations in Madrid, Spain
and Berlin, Germany. OverActive's
mandate is to build an integrated global company delivering sports,
media and entertainment products for today's generation of fans
with a focus on esports, videogames, content creation and
distribution, culture, and live and online events. OverActive owns
team franchises in professional esports leagues, including the Call
of Duty League, operating as the Toronto Ultra, the League of
Legends EMEA Championship (LEC), operating as MAD Lions KOI, the
VALORANT Champions League (VCT) EMEA, operating as Movistar KOI,
Overwatch Championship Series, operating as Toronto Defiant, and
other professional esports leagues and competitions.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
SOURCE Overactive Media Corp.
