Company Quick10K Filing
I-AM Capital Acquisition
Closing Price ($) Shares Out (MM) Market Cap ($MM)
$0.00 7 $72
10-Q 2020-01-13 Quarter: 2019-11-30
10-Q 2019-10-15 Quarter: 2019-08-31
10-K 2019-08-29 Annual: 2019-05-31
10-Q 2019-04-15 Quarter: 2019-02-28
S-1 2018-12-19 Public Filing
10-Q 2019-01-22 Quarter: 2018-11-30
10-Q 2018-10-16 Quarter: 2018-08-31
S-1 2018-08-24 Public Filing
10-K 2018-07-24 Annual: 2018-05-31
10-Q 2018-04-16 Quarter: 2018-02-28
10-Q 2018-01-16 Quarter: 2017-11-30
10-Q 2017-10-16 Quarter: 2017-08-31
8-K 2020-01-15 Enter Agreement, Officers, Regulation FD, Exhibits
8-K 2019-12-31 Officers
8-K 2019-12-06 Regulation FD, Exhibits
8-K 2019-08-18 Shareholder Vote, Regulation FD, Exhibits
8-K 2019-08-14 Regulation FD, Exhibits
8-K 2019-07-31 Regulation FD, Exhibits
8-K 2019-07-29 Regulation FD, Exhibits
8-K 2019-07-25 Enter Agreement, M&A, Sale of Shares, Exhibits
8-K 2019-03-28 Regulation FD, Exhibits
8-K 2019-03-27 Sale of Shares, Officers, Regulation FD, Exhibits
8-K 2019-01-14 Officers
8-K 2019-01-07
8-K 2018-12-30 Enter Agreement, M&A, Sale of Shares, Officers, Amend Bylaw, Other Events, Exhibits
8-K 2018-12-20 Enter Agreement, Sale of Shares, Exhibits
8-K 2018-12-20 Enter Agreement, Exhibits
8-K 2018-12-18 Officers
8-K 2018-12-10
8-K 2018-11-20 Enter Agreement, M&A, Earnings, Off-BS Arrangement, Sale of Shares, Officers, Amend Bylaw, Shell Status, Other Events, Exhibits
8-K 2018-11-09 Shareholder Vote, Regulation FD, Exhibits
8-K 2018-11-01 Enter Agreement, Exhibits
8-K 2018-10-03 Other Events, Exhibits
8-K 2018-09-24 Regulation FD, Exhibits
8-K 2018-09-05 Other Events, Exhibits
8-K 2018-08-21 Other Events, Exhibits
8-K 2018-08-10 Other Events, Exhibits
8-K 2018-06-27 Regulation FD, Exhibits
8-K 2018-06-22 Enter Agreement, Exhibits
8-K 2018-05-07 Other Events, Exhibits
8-K 2018-05-03 Enter Agreement, Exhibits
8-K 2017-10-17 Officers

I-AM Capital Acquisition Financials

IAMXU Metrics, Comps, Filings

Annual | Quarterly

Business

Unless the context otherwise requires, “we,” “us,” or “the Company” refers to (i) “Simplicity Esports and Gaming Company” after the consummation of the Acquisition of Simplicity Esports, LLC, (ii) “Smaaash Entertainment Inc.” before the consummation of the Acquisition of Simplicity Esports, LLC but after the closing of the Transactions with Smaaash Entertainment Private Limited, and (iii) I-AM Capital Acquisition Company prior to the closing of the Transactions with Smaaash Entertainment Private Limited. “Simplicity Esports LLC” means Simplicity Esports, LLC, a Florida limited liability company, and its consolidated subsidiaries “Smaaash Private” means Smaaash Entertainment Private Limited, a private limited company incorporated under the laws of India, and its consolidated subsidiaries

We are a North American esports organization. We have implemented a unique approach to ensure the ultimate fan friendly experience. Our intention is to have gamers involved at the grassroots level and feel a sense of unity as we compete with top class talent. Utilizing the vast resources from within the ownership group, we have already established an impressive management team and roster. Our management and players are well known influencers within the esports community, and we plan to use their skill to create a seamless content creation pan to help gamers feel closer to our brand that any other in the scene. Our organization intends to take the opportunity to create a platform that will help grow the sports for generations of gamers.

On January 4, 2019, the Company consummated the transactions contemplated by that certain share exchange agreement, dated December 21, 2018 (as amended by Amendment No. 1 to Share Exchange Agreement, dated December 28, 2018 and by Amendment No. 2 to Share Exchange Agreement, dated December 30, 2018, the “Share Exchange Agreement”) by and among the Company, Simplicity Esports, LLC, a Florida limited liability company (“Simplicity Esports LLC”), each of the equity holders of Simplicity Esports LLC (“Simplicity Owners”) and Jed Kaplan, in the capacity as the representative of the Simplicity Owners (the “Representative”). Pursuant to the Share Exchange Agreement the Simplicity Owners transferred all the issued and outstanding equity interests of Simplicity Esports LLC to the Company in exchange for newly issued shares of common stock of the Company (the “Acquisition”).


Valuation ($MM)

Market Cap, Enterprise Value

Balance Sheet ($MM)

Assets, Stockholders' Equity

Income Statement ($MM Annual)

Revenue, Gross Profit, Net Income

Cash Flow ($MM Annual)

Operating, Investing, Financing

Comps ($'000 TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
EdgeWater Technology (EDGW) 75,255 28% -2.3 -43% 73,172 23,780 126,859 36,052 -31,143 -28,012 65,811
Postal Realty Trust (PSTL) 74,985 0% 88.1 -0% 76,195 18,208 2,406 0 -31 743 65,457
Invesco DB Energy Fund (DBE) 74,880 -1.9 -53% 75,158 939 0 0 -40,201 -40,170 74,880
Bowl America (BWLA) 74,834 0% 14.6 11% 28,389 4,469 24,419 0 3,049 5,113 74,564
Corning Natural Gas (CNIG) 73,160 66% 10.6 3% 113,110 50,089 37,813 24,848 3,320 10,667 112,584
Carbon Energy (CRBO) 72,298 94% 2.6 2% 304,547 227,586 78,716 73,817 7,324 26,452 67,647
I-AM Capital Acquisition (IAMXU) 71,791 0% -22.9 -40% 7,755 1,887 14 0 -3,065 -3,065 70,251
QS Energy (QSEP) 71,630 -13.5 -549% 973 2,497 0 0 -5,341 -5,331 72,143
Senomyx (SNMX) 71,057 0% 0% 21,391 7,333 26,377 0 0 0 56,357
Anchor Bancorp (ANCB) 70,950 6.8 1% 478,880 410,204 0 0 2,434 10,456 70,950
RLJ Entertainment (RLJE) 70,946 46% -36.9 -5% 146,899 136,071 93,640 42,654 -7,438 -3,316 122,300
Super League Gaming (SLGG) 70,616 60% -2.6 -98% 22,094 1,185 472 285 -21,574 -20,902 54,436
Lexaria Bioscience (LXRP) 70,079 188% -16.2 -124% 3,457 132 97 183 -4,270 -4,215 68,083
Weed (BUDZ) 69,984 -2.1 -1,237% 2,651 619 0 0 -32,801 -32,618 69,980
George Risk (RSKIA) 69,554 49% 12.0 8% 44,046 3,542 14,248 6,956 3,532 5,311 63,887
American Resources (AREC) 68,466 49% -3.3 -42% 65,768 55,040 33,513 16,316 -27,405 -21,704 71,798
Easterly Acquisition (EACQ) 68,264 22.5 2% 146,697 10,863 0 0 3,039 3,039 68,262
Poage Bankshares (PBSK) 68,196 17.6 -1% 440,728 379,510 0 0 -2,208 2,582 45,344
Omnicomm Systems (OMCM) 67,280 82% 61.1 -6% 11,253 24,136 26,029 21,321 -694 1,177 71,940
Cyber Apps World (CETC) 67,162 -1,895.7 -3% 1,374 223 0 0 -35 -35 67,162

Balance Sheet ($'000)2018-05-312019-05-31
Cash4581,540
Accounts Receivable
Inventory
PP&E123
Assets53,3577,755
Accounts Payable
Long-Term Debt0
Liabilities2,0651,887
Stockholders' Equity5,0005,868
Income Statement ($'000)2018-05-312019-05-31
Revenue038
Cost of Revenue
Gross Profit
R&D
SG&A5314,353
Tax00
Net Income-9-3,565
Cash Flow ($'000)2018-05-312019-05-31
Cash Operating-470-1,395
Cash Investing-52,374-196
Cash Financing53,2722,673