TCI Entertainment Acquires Gaming e‑Commerce Platform Stocket

May 11, 2021

TCI Acquisition Company, Inc. (dba TCI Entertainment) acquired the patented gaming e‑commerce platform Stocket from a Florida state court receivership in a court‑approved stock-and-cash transaction valued at $10,757,000. The deal gives TCI ownership of a mobile game-commerce platform (patented in 2019) that the company intends to deploy to combine mobile gaming with e‑commerce and monetize via player-driven virtual storefronts.

Buyers
TCI Acquisition Company, Inc. (dba TCI Entertainment)
Targets
Stocket, Inc.
Sellers
Florida State Court Receivership (represented by Court‑Appointed Receiver James D. Sallah)
Industry
E-Commerce
Location
Florida, United States
Transaction Type
Buyout

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