Gamehaus completes $19.6 million acquisition of 49% stake in Techforge
GMHS•Gamehaus completed its $19.6 million acquisition of a 49% stake in Techforge on November 9, using 24.5 million Class A ordinary shares priced at $0.80 each. A separate $7 million cash subscription is expected to close in November and would bring Gamehaus’ ownership to approximately 56%.
1. Acquisition completed
Gamehaus completed its $19.6 million acquisition of a 49% stake in Techforge on November 9, 2026. Under the November 2 agreement, consideration was 24.5 million Class A ordinary shares priced at $0.80 each.
2. Additional subscription
A separate $7 million cash subscription for 2,526 newly issued Techforge shares is expected to close in November 2026. Completion of both transactions would bring Gamehaus’ ownership of Techforge to approximately 56%. Sellers include Funtery Holding, an entity controlled by founder and chairman Feng Xie.
