Help Center1. How do I start the acquisition process?
To start the acquisition process, sign up on Gamehaap, explore the marketplace, and express interest in the games you are interested in.
2. What is the buyer verification process?
Buyer verification involves submitting identification documents to confirm your identity and ensure you are a legitimate buyer.
3. Can I get detailed information about a game before making an offer?
Yes, detailed information is provided after signing an NDA to protect the confidentiality of the game’s data.
4. How do I submit an LOI (Letter of Intent)?
You can submit an LOI through Gamehaap, outlining your proposed terms for the acquisition. Gamehaap will facilitate the communication and negotiation with the seller.
5. What is the due diligence process?
Due diligence involves a thorough evaluation of the game’s financial records, technical specifications, legal documents, and market data. It is conducted by your legal and financial teams, with support from Gamehaap.
6. How does the escrow process work?
The escrow process ensures that funds are securely held by a neutral third party (Escrow.com) until all terms of the transaction are met. This protects both the buyer and seller.
7. Who pays the escrow fees?
The payment of escrow fees typically depends on the agreement between the buyer and seller. Usually, the buyer pays the fees.
8. Can I cancel a deal if I’m not satisfied with the game?
Yes, you can cancel the deal if the game does not meet the conditions outlined in the agreement, as long as the terms of the LOI and any signed agreements allow for it.
9. What happens after I acquire a game?
After the acquisition, you will work on integrating and managing the new game assets. The seller may provide transition services as outlined in the APA to help with the integration.
10. How does Gamehaap support buyers post-acquisition?
Gamehaap continues to assist buyers post-acquisition by providing ongoing support, answering questions, and helping resolve any issues that arise. This ensures a smooth transition and integration of the new game assets.