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E-sports

Report: Ninjas in Pyjamas merges with Chinese team

The Swedish esports organisation is joining with ESV5 and could be listed in the US by "year-end".
Ben Lyons Senior Editor 13 juli 2021

A recent report has been released by Reuters that states that Swedish esports organisation Ninjas in Pyjamas has merged with a Chinese team to create a new entity that "could be listed in the United States by year-end".

NIP has apparently agreed to merge with ESV5 via an equity swap, and assuming it is listed on the trading platform NASDAQ, will see NIP be the first publicly-traded electronic sports teams in the US.

Neither NIP or ESV5 has made a statement or commented on the report, which means we probably won't be hearing much about the merger until the listing is official.

Senior Editor Ben was a Senior Editor at Gamereactor UK. When he wasn’t writing, editing or filming for Gamereactor, he could usually be found playing an FPS or getting lost in a sprawling RPG.
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