Monaker group files initial preliminary proxy statement in order to seek shareholder approval of hotplay enterprise limited share exchange and related transactions

Weston, fl, jan. 14, 2021 (globe newswire) -- via newmediawire -- monaker group, inc. (nasdaq: mkgi), an innovative technology company, reported today that on january 13, 2021, the company filed its initial preliminary proxy statement on schedule 14a, with the securities and exchange commission (sec). the proxy statement includes a proposal seeking, among other things, shareholder approval for the company's previously announced acquisition of hotplay enterprise limited (hotplay). the initial filing is an important step in the process towards completing the acquisition of hotplay, and the company anticipates that it may take several amendments to the proxy statement in order for the company to clear sec comments (if any) on such proxy statement in order to finalize the form of proxy statement, mail such proxy statement, and ultimately seek shareholder approval.
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