Vividthree Gears Up for Family Entertainment Expansion – TipRanks.com

Vividthree Holdings Ltd. (SG:OMK) has released an update.

Vividthree Holdings Ltd. is set to raise S$3.2 million through the issuance of new shares and convertible bonds, aiming to fund its strategic ventures into Digital Family Entertainment, including immersive experiences such as VR and family karaoke. The move, which follows a recent MOU to develop arcade centers in Southeast Asia, is part of the company’s expansion to directly engage with customers in family-oriented entertainment sectors. The fundraising will also cover the costs of potential mergers and acquisitions, as well as general working capital requirements.

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