공시 • May 25
Real Luck Group Listing Transfer from Tier 2 to NEX, Effective May 28, 2024 In accordance with TSX Venture Policy 2.5, Real Luck Group Ltd. has not maintained the requirements for a TSX Venture Tier 2 company. Therefore, effective at the opening on Tuesday, May 28, 2024, the Company's listing will transfer to NEX, the Company's Tier classification will change from Tier 2 to NEX, and the Filing and Service Office will change from Calgary to NEX. As of May 28, 2024, the Company is subject to restrictions on share issuances and certain types of payments as set out in the NEX policies. The trading symbol for the Company will change from LUCK to LUCK.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier 2 symbols within the TSX Venture market. Further to the TSX Venture bulletin dated December 6, 2023, trading in the shares of the Company will remain suspended. Members are prohibited from trading in the securities of the Company during the period of the suspension or until further notice. Reported Earnings • Dec 14
Third quarter 2023 earnings released: CA$0.024 loss per share (vs CA$0.029 loss in 3Q 2022) Third quarter 2023 results: CA$0.024 loss per share (improved from CA$0.029 loss in 3Q 2022). Revenue: CA$245.6k (up CA$207.6k from 3Q 2022). Net loss: CA$1.63m (loss narrowed 17% from 3Q 2022). 공시 • Oct 22
Real Luck Group Ltd. Announces CFO Changes Real Luck Group Ltd. announced that Mr. William Moore has resigned as the Company's Chief Financial Officer("CFO"). Following Mr. Moore's resignation, Mr. Thomas Rosander, the Company Chief Executive Officer ("CEO"), assumes the role of Interim CFO while the Company finalizes the ongoing restructuring and search for a suitable replacement. Reported Earnings • Sep 01
Second quarter 2023 earnings released: CA$0.032 loss per share (vs CA$0.029 loss in 2Q 2022) Second quarter 2023 results: CA$0.032 loss per share (further deteriorated from CA$0.029 loss in 2Q 2022). Revenue: CA$571.8k (up CA$558.0k from 2Q 2022). Net loss: CA$2.21m (loss widened 13% from 2Q 2022). 공시 • Jun 28
Real Luck Group Ltd. announced that it expects to receive CAD 2.4 million in funding Real Luck Group Ltd. announced a non-brokered private placement of up to 60,000,000 units of the company, at a price of CAD 0.04 per unit, for gross proceeds of up to CAD 2,400,000 on June 27, 2023. Each unit will consist of common share and one common share purchase warrant. Each warrant will be exercisable to acquire one common share for a period of 36 months following the closing date of the offering at an exercise price of CAD 0.08 per common share, subject to adjustment in certain circumstance. The common shares, warrants, and any common shares issued following exercise of the warrants will be subject to resale restrictions imposed by applicable securities laws, including a statutory hold period expiring four months and one day from the date of closing. Closing remains subject to the final approval of the TSX Venture Exchange. New Risk • Jun 25
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Canadian stocks, typically moving 17% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$9.3m free cash flow). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m (CA$766k revenue, or US$581k). Market cap is less than US$10m (CA$2.41m market cap, or US$1.83m). Board Change • Jan 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Lloyd Melnick is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Nov 30
Real Luck Group Ltd. (TSXV:LUCK) signed a letter of intent to acquire IGP Operations Limited for MTL 0.22 million. Real Luck Group Ltd. (TSXV:LUCK) signed a letter of intent to acquire IGP Operations Limited for MTL 0.22 million on November 29, 2022. Under the terms of acquisition, Luckbox will pay up to 7 million common shares of Real Luck Group Ltd. on a debt free basis, up to 6 million of which will only be paid when certain milestones are attained by January 12, 2025. The transaction is subject to receipt of TSXV approval. The transaction is expected to close in December 2022. 공시 • Oct 29
Adam Arviv cancelled the acquisition of remaining stake in Real Luck Group Ltd. (TSXV:LUCK). Adam Arviv offered to acquire remaining stake in Real Luck Group Ltd. (TSXV:LUCK) on October 27, 2022. Adam Arviv initially proposed a merger with a private gambling company valuing Real Luck Group at CAD 0.09 per share, to be paid in shares of the target company only. Mr. Arviv then appeared to have changed his mind and proposed a “wind down of the Company’’, ignoring the Group’s now finished platform and growing player base. In that regard, the Board has retained McMillan LLP as legal counsel, and DuMoulin Black LLP continues to advise Real Luck Group.Adam Arviv cancelled the acquisition of remaining stake in Real Luck Group Ltd. (TSXV:LUCK) on October 27, 2022. Real Luck Group shareholder rejected the proposal. 공시 • Oct 25
Adam Arviv Sends Letter to the Shareholders of Real Luck Group Ltd On October 24, 2022, Adam Arviv announced that he released an open letter to the shareholders of Real Luck Group Ltd and expressed his major concerns with the Company's business plan and are convinced that the company is on a path to bankruptcy. Adam Arviv stated that he has concerned that the Company's management and the Board of Directors are not fulfilling their fiduciary duty to act in the best interest of shareholders and stated that he does not believe that the shareholders have been given all the facts and based on the Company's recent interim financial statements. Adam Arviv stated that he sent a proposal to its Board of Directors more than six weeks ago to review strategic alternatives for the company which has been ignored. In addition, Adam Arviv expressed that the only other feasible option for the Company is to immediately wind down all operations and engage in a sale process of the Company, returning all-cash to investors to avoid incremental value destruction. 공시 • Jul 06
Real Luck Group Appoints Daniel Sanders as Director of Marketing Real Luck Group Ltd. announced the appointment of Daniel Sanders as Director of Marketing. Mr. Sanders's previous positions include Senior Global Marketing Lead at Tencent Games and Head of Esports and Gaming Marketing at Red Bull. He was also previously a manager and player with renowned esports organization Dignitas. He will be responsible for leading Luckbox's marketing strategy as the Company looks to accelerate player acquisition through the second half of 2022, a key component for driving organic revenue growth this year. 공시 • Jun 22
Real Luck Group Ltd., Annual General Meeting, Aug 11, 2022 Real Luck Group Ltd., Annual General Meeting, Aug 11, 2022. Board Change • Apr 27
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Lloyd Melnick is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Apr 02
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director Lloyd Melnick is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. 공시 • Mar 03
Real Luck Group Ltd. Appoints Benn Timbury as Chief Operating Officer Real Luck Group Ltd. announced the appointment of Benn Timbury as Chief Operating Officer. His most recent role was with Lottoland Group, which is active in 15 global markets, has over 350 employees, and more than 15 million customers. Mr. Timbury played a lead role in driving new strategic initiatives to support the corporation's growth. Prior to that, he was the founder and CEO of LiveLotto. Board Change • Dec 06
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Director Lloyd Melnick is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Dec 03
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: CA$0.028 loss per share (down from CA$0.023 loss in 3Q 2020). Net loss: CA$1.92m (loss widened 149% from 3Q 2020). Revenue was in line with analyst estimates. 공시 • Feb 23
Real Luck Group Appoints Nevzat Ucar as Luckbox Head of Content Real Luck Group Ltd. and its subsidiary companies doing business as "Luckbox" (the "Group") announced that Nevzat Ucar has been appointed as Head of Content. Mr. Ucar joins Luckbox having most recently worked as Head of Content for Red Bull and his previous roles include Head of Video and Broadcast for Riot Games and Art Director for FOX International Channels. Mr. Ucar will play a leading role in Luckbox's marketing strategy, and will be responsible for driving global content strategy. 공시 • Feb 18
Real Luck Group Ltd. Announces Partnerships with Skrill, Neteller Ecopayz, and Trustly Real Luck Group Ltd. announced agreements with four payment processing partners. The Company has signed agreements with Skrill, NETELLER, ecoPayz, and Trustly which will offer a broad range of payment options, including Visa, Mastercard, ApplePay and Google Pay, to customers in more than 100 countries worldwide. 공시 • Feb 09
Real Luck Group Ltd. Appoints Thomas Rosander as Chief Customer Officer Real Luck Group Ltd. announced that Thomas Rosander has been appointed as Chief Customer Officer (CCO). Mr. Rosander is an experienced igaming executive whose former positions include Chief Executive Officer of Dunder Casino, Chief Product Officer at Mr. Green Online Casino, and Section Head Business Intelligence at bwin. Mr. Rosander was also Engagement Director and Business Intelligence Director at game developer Electronic Arts. 공시 • Feb 04
Real Luck Group Ltd. Expands Partnership with EveryMatrix Ltd Real Luck Group Ltd. and its subsidiary companies doing business as "Luckbox" announced the expansion of its partnership with EveryMatrix Ltd. ("EveryMatrix") to add sports betting functionality to its proprietary platform. The agreement allows Luckbox, a leading esports betting provider, to expand its reach to over 105 traditional sports. Each month players will be able to enjoy 85,000 pre-match events, 70,000 live events, and 450 types of bets for these traditional sports. Sports fans will also be able to enjoy key features including bet builder and cash out.