Victory Square Technologies - CEO, Shafin Diamond Tejani.
CEO, Shafin Diamond Tejani.
Source: Thrive Global.
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  • Victory Square (VST) has approved a share dividend from its holding in Immersive Technologies
  • Immersive blends amusement park engineering with video game development for brand activations, escape rooms, AR/VR experiences and more
  • The ultimate aim is to maximize shareholder value upon Immersive’s listing on the CSE under the symbol VRAR
  • Victory Square builds, acquires and invests in promising startups and fast-tracks them toward growth
  • Victory Square (VST) is down by 1.05 per cent and is currently trading at $0.47 per share

Victory Square (VST) has approved a share dividend from its holding in Immersive Technologies.

Fantasy 360 Technologies, dba Immersive Technologies, blends amusement park engineering with video game development for brand activations, escape rooms, AR/VR experiences and more.

The dividend is part of the company’s long-term strategy to maximize shareholder value.

The company will evaluate the mechanism by which to effect the distribution on a tax efficient and financially prudent basis.

The ultimate aim is to capitalize on Immersive as a standalone entity upon its listing on the CSE under the symbol VRAR.

Shafin Diamond Tejani, CEO of Victory Square, commented,

“Our Board, along with myself and our executive team, believe that this strategic dividend reward with Immersive is in direct alignment with our vision to provide a strong recurring return on investment for our stakeholders. Our team and Board at VST are very excited at the upcoming listing of Immersive that follows in the footsteps of the successful listings of our portfolio companies FansUnite (FANS) and GameOn (GET).”

The company will share further details when available.

Victory Square builds, acquires and invests in promising startups and fast-tracks them toward growth.

Victory Square (VST) is down by 1.05 per cent and is currently trading at $0.47 per share as of 1:13 pm ET.

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