#China #Shanghai #share repurchase #Gamehaus Holdings #Nasdaq GMHS

Gamehaus Holdings Announces Share Repurchase Program

Gamehaus Holdings Inc., a leading mobile game publisher driven by technology, has recently taken a significant step to enhance shareholder value by approving a share repurchase initiative. This program allows the company to buy back up to $5 million of its Class A ordinary shares, signaling confidence in its future prospects.

Details of the Repurchase Program

The Board of Directors has authorized this share repurchase program, which is effective immediately and will continue for one year until August 28, 2026. The repurchases will likely be executed through various methods, including open market transactions, private negotiations, and block trades. Additionally, Gamehaus will ensure compliance with relevant securities laws, particularly Rule 10b-18 under the Securities Exchange Act of 1934. The timing and extent of these repurchases will depend on several factors such as market conditions, share price, trading volume, and the company's operational cash flow.

Mr. Feng Xie, the founder and chairman of Gamehaus, expressed that the initiative reflects a balanced approach towards capital allocation. By investing in long-term growth while simultaneously rewarding shareholders, the firm showcases its commitment to stakeholder value. He emphasized the company's robust financial status, highlighted by ample cash reserves and a strong business outlook.

Why This Matters

The gaming industry is more competitive than ever, with companies constantly vying for the attention of both players and investors. Gamehaus aims to not only solidify its market standing but also showcase the intrinsic value that may not currently be mirrored in its share price. The share repurchase program illustrates Gamehaus’s belief in its business's fundamentals and growth potential. By buying back its shares, the company not only shows confidence in its valuation but also aims to improve overall shareholder returns amidst the rising market dynamics.

About Gamehaus

Gamehaus Holdings Inc. is strategically positioned as a technology-driven global publisher of mobile games. With a mission to connect innovative studios with players across the globe, Gamehaus specializes in mid-core and casual games. The company provides comprehensive publishing support which includes market insights, user growth strategies, live-operations, and monetization optimization. Gamehaus aims to become the premier partner for creative teams, leveraging AI and data-driven solutions to enhance their success.

With a vision to strengthen its role within the gaming industry, Gamehaus continues to adapt to the fast-evolving landscape of mobile games while ensuring solid relationships with the global player community. Investors and stakeholders alike will be watching closely as the company races forward into a promising future while adhering to its foundational principles of innovation and collaboration.