Examples of Omnia in a sentence
Based in Los Angeles, California, Omnia is a leading global gaming YouTube platform which creates, manages and operates a multi-channel YouTube network that distributes premium, original content.
I have reviewed this annual report on Form 10-K of Omnia Wellness Inc.
Upon completion of the Agreement, the Company will acquire 100% of the issued and outstanding shares of Omnia from Blue Ant (the “Transaction”).
The Steel SPA is accounted for in accordance with IFRS 3, as the operations of Steel Media constitute a business.On August 30, 2020, the Company acquired all of the issued and outstanding shares of Omnia Media Inc.
Prior to the completion of the Transaction, Omnia will dispose of certain assets unrelated to its core-gaming business.
The Company’s entertainment business owns and operates Canada’s largest gaming expo, Enthusiast Gaming Live Expo, EGLX, and the largest mobile gaming event in Europe, Pocket Gamer Connects.On August 30, 2020, the Company acquired all of the issued and outstanding shares of Omnia Media Inc.
On August 6, 2020, the Company entered into a binding share purchase agreement (the “Agreement”), to acquire 100% of the issued and outstanding shares of Omnia Media Inc.
This impact was significantly offset by the acquisition of Omnia in Q3 2020.
The Company performed impairment testing as of September 30, 2022, and determined that impairment charges were necessary for the Omnia CGU of $14,082,162 and the Addicting Games CGU of $17,199,124 due to the overall macroeconomic conditions.
The Company will also retain its 50% interest in West Africa Chemicals Ltd., a joint venture with Chemicals Holdings International, a subsidiary of the Omnia Group, located in South Africa and its 51% interest in Turon-MSI Ltd., located in Uzbekistan, although it is anticipated that UEE will manage the operations of Turon-MSI and be entitled to any benefits from such operations.