- Pop culture and lifestyle brand Funko Inc (NASDAQ:FNKO) is planning to enter the video game market through a partnership with game developer 10:10 Games.
- The companies’ first co-production will be a AAA Action Platformer in 2023.
- The production will be led by a video game developer and five-time BAFTA award winner Jon Burton.
- The game, in addition to being an action platformer, will have major third-party studio integration and will be compatible with current and next-gen consoles and PC.
- “By partnering with 10:10 Games and utilizing the best creators in the business, we will have the talent to deliver games that reflect Funko’s unique look and feel across its lines and varied products,” said CEO Andrew Perlmutter.
- Price Action: FNKO shares are trading lower by 0.76% at $23.57 on the last check Monday.
CBAK Energy Inks ¥180M Lithium-Ion Battery Order With Echom
CBAK Energy Technology Inc (NASDAQ: CBAT) said its subsidiary, Nanjing CBAK New Energy Technology Co Ltd, has entered into a strategic agreement with Guangzhou Echom Science & Technology Co Ltd, an industrial design group in China.
