Globe News Wire
11 Sept 2026, 03:28 UTC · 5h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
Analysis by Kasper Rasmussen · Founder & analyst
What the story claims
4 claims · each scored for market impact
Ice Code Games (ICG) is pivoting its entire business model from game development to real estate and Real-World Asset (RWA) tokenization via the acquisition of AMIHAN. — A complete strategic pivot to a high-growth sector like RWA tokenization fundamentally alters the company's risk profile and valuation drivers.
+0.60AMIHAN shareholders will hold at least 60% of the combined entity post-acquisition, resulting in a significant change of control for ICG. — Majority ownership shift typically triggers reorganization of governance and strategic priorities, impacting current minority shareholders.
+0.40The acquisition involves valuing AMIHAN at approximately USD 15 million (PLN 57 million), which exceeds ICG's own valuation of PLN 38 million. — The acquisition of a more valuable entity via share issuance indicates a massive expansion of the company's asset base.
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FinGames Lending is converting EUR 150,000 of debt into 6.525 million ICG shares and receiving 43 million warrants. — Debt-to-equity conversion improves the balance sheet by reducing liabilities while adding institutional alignment.
+0.20Which stocks this story touches
The company is executing a strategic pivot and acquisition to enter the real-asset tokenization market.
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