Character Art Exchange

These statements reflect the management



These statements reflect the management's expectations about the Company. Forward-looking statements comprise statements that are not solely historical, such as assertions regarding beliefs about plans, expectations, or plans for the future, such as regarding the possibility of hosting the NBA2K tournament for high school students in the Chicago region; the timing structure, format, and prizes for the event; as well as the planned use of proceeds from the tournament.

Such statements are subject to uncertainties and risks that could lead to actual results and developments to differ from those made in the statements and include risks that are related to factors beyond the control of the Company. The risks include uncertainties regarding the magnitude and the duration of the COVID-19 pandemic and other risks common for transactions of this kind. It is not possible to guarantee that any of the events envisioned in the forward-looking statement will occur or, if they happen, what advantages the Company will obtain from them.

The NBA 2K League is attracting more businesses to join. The NBA 2K League has increasingly drawn the attention of sponsors as well. The 2K League reached 14 marketing partners this season, the highest number ever recorded for an NBA 2K League season, which includes five partnerships that include GameStop, Jostens, SAP and Tissot as well as DoorDash as the presenter partner of the NBA 2K League Playoffs and Finals.

Esports offers a fantastic commercial opportunity since it has fans who are passionate. Donohue declares that the fan base is so enthusiastic that brands can attach themselves to them. "Our average customer plays for thirty hours a week playing video games, and this is an extremely committed fan base."

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