I-AM Capital Acquisition Company Announces Definitive Agreement with SMAAASH Entertainment, a fast-growing global virtual reality gaming and sports entertainment company
I-AM CAPITAL ACQUISITION CO COMMON (IAM)
US:NASDAQ Investor Relations:
nasdaq.com/markets/ipos/company/iam-capital-acquisition-co-1027864-84173
Company Research
Source: GlobeNewswire
NEW YORK, May 08, 2018 (GLOBE NEWSWIRE) -- I-AM Capital Acquisition Company (NASDAQ:IAM) (“I-AM Capital”), announced that it has entered into a Definitive Agreement with SMAAASH Entertainment Private Limited (“SMAAASH”), a global virtual reality gaming and sports entertainment company, headquartered in Mumbai, India. SMAAASH, which commenced operations in November 2012, is an entertainment company that connects sports, virtual and augmented reality, and dining into a highly interactive and innovative social experience for family and friends. SMAAASH presently owns and operates over 30 family entertainment centers across India. SMAAASH which is currently going through a global expansion, owns an entertainment center in the Mall of America, Minneapolis, USA, and is in the process of opening in Dubai center which is expected this quarter. SMAAASH has a market leader position in India, and is experiencing rapid growth, expecting to grow to around 60 centers within the next two years. S
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