Victory Square Technologies Inc (CSE:VST, OTCQX:VSQTF) said it has declared a second tranche of a share dividend of its interest in Fantasy 360 Technologies Inc, doing business as Immersive Tech.
The company said it will dividend out approximately 4.5 million shares in Immersive Tech to its shareholders.
When added to the first tranche, the second dividend represents a total of 9 million Immersive shares issued by way of dividend to Victory Square shareholders.
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Victory Square already issued a special share dividend of its portfolio companies GameOn Entertainment Technologies Inc as well as Fantasy 360 Technologies Inc earlier in the year.
Immersive is a metaverse company with a location-based platform helping to create experiences for some of the world's largest companies, including Intel, Bayer, Capital One, Scotiabank (TSX:BNS), the US Food and Drug Administration, and Allegiant Airlines.
Victory Square builds, acquires and invests in promising startups, then provides the senior leadership and resources needed for fast-track growth.
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