IRVINE, Calif., October 11, 2021–(BUSINESS WIRE)–Allied Esports Leisure, Inc. (NASDAQ: AESE) (the “Firm” or “AESE”), a world esports leisure firm, right this moment introduced the appointment of Roy Anderson because the Firm’s Chief Monetary Officer, efficient instantly. Mr. Anderson succeeds Anthony Hung, who served because the Firm’s Chief Monetary Officer from September 2019 till his resignation final month.
Mr. Anderson brings greater than 25 years of expertise to Allied Esports Leisure. He has deep experience in monetary administration, monetary reporting, mergers and acquisitions, inner controls, and threat administration. With a deal with Know-how, Media and Telecommunications (TMT), Mr. Anderson has been a trusted strategic advisor to CEOs, Senior Executives, Board of Administrators, and buyers in these industries.
“It provides me nice pleasure to announce the appointment of Roy Anderson as our new Chief Monetary Officer,” mentioned Libing (Claire) Wu, CEO, President and Common Counsel of Allied Esports Leisure, Inc. “Roy brings robust management qualities, monetary acumen and strategic M&A expertise to our govt workforce. This, mixed along with his broad-based trade experience, makes him ideally suited to steer our finance and accounting actions as we proceed our beforehand introduced course of to discover M&A alternatives. I’m delighted to have Roy be a part of our senior management workforce.”
Most not too long ago, Mr. Anderson was a associate with Mazars USA, an unbiased member agency of Mazars Group, a world accounting agency servicing shoppers in over 90 nations worldwide. On this function, Mr. Anderson labored carefully with the highest executives and buyers of firms within the TMT markets starting from start-ups to firms with multinational/divisional elements and revenues in extra of $500 million. As an audit, tax and advisory associate within the TMT Group of Mazars, Mr. Anderson’s shoppers included firms engaged in on-line media, leisure, gaming, occasions, commerce exhibits, digital advertising/promoting, SaaS platforms, eCommerce, AI, lead technology, Tech-enabled companies, cybersecurity, software program and software program improvement. As well as, Mr. Anderson was a key member of Mazars’ SEC Apply Group. Mr. Anderson has huge expertise on numerous technical accounting points together with income recognition, share primarily based compensation, and enterprise combos. Mr. Anderson is an authorized public accountant (CPA) who holds a Bachelor of Science diploma from Lengthy Island College’s Faculty of Skilled Accountancy.
About Allied Esports Leisure
Allied Esports Leisure (NASDAQ: AESE) is a world esports leisure enterprise devoted to offering transformative dwell experiences, multiplatform content material and interactive companies to audiences worldwide. For extra info, go to alliedesports.gg.
Ahead Trying Statements
This communication comprises sure forward-looking statements below federal securities legal guidelines. Ahead-looking statements might embrace our statements concerning our targets, beliefs, methods, aims, plans, together with product and repair developments, future monetary situations, outcomes or projections or present expectations. In some instances, you may establish forward-looking statements by terminology reminiscent of “might,” “will,” “ought to,” “anticipate,” “plan,” “anticipate,” “imagine,” “estimate,” “predict,” “potential” or “proceed,” the unfavourable of such phrases, or different comparable terminology. These statements are topic to recognized and unknown dangers, uncertainties, assumptions and different elements which will trigger precise outcomes to be materially totally different from these contemplated by the forward-looking statements. These forward-looking statements usually are not ensures of future efficiency, situations or outcomes, and contain a variety of recognized and unknown dangers, uncertainties, assumptions and different essential elements, a lot of that are exterior our management, that would trigger precise outcomes or outcomes to vary materially from these mentioned in these forward-looking statements. Essential elements, amongst others, which will have an effect on precise outcomes or outcomes embrace: the flexibility to satisfy Nasdaq’s continued itemizing requirements; our capacity to execute on our marketing strategy; the flexibility to retain key personnel; potential litigation; common financial and market situations impacting demand for our companies; a change in our plans to retain the web money proceeds from the WPT sale transaction; our lack of ability to enter into a number of future acquisition or strategic transactions utilizing the web proceeds from the WPT sale transaction; and a choice to not pursue strategic choices for the esports enterprise. It is best to think about the areas of threat described in reference to any forward-looking statements that could be made herein. The enterprise and operations of AESE are topic to substantial dangers, which enhance the uncertainty inherent within the forward-looking statements contained on this communication. Besides as required by regulation, we undertake no obligation to launch publicly the results of any revision to those forward-looking statements that could be made to replicate occasions or circumstances after the date hereof or to replicate the prevalence of unanticipated occasions. Additional info on potential elements that would have an effect on our enterprise is described below “Merchandise 1A. Danger Elements” in our Annual Report on Kind 10-Ok for the yr ended December 31, 2020, as filed with the SEC on April 13, 2021. Readers are additionally urged to fastidiously assessment and think about the varied disclosures we made in such Annual Report on Kind 10-Ok.
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