BLSS Holdings Pty Ltd. agreed to acquire ICON Esports Pty Ltd from BLSS Holdings Pty Ltd. on August 3, 2023. As part of the transaction, Chris Smith will be joining BLSS as an advisor on a 24-month contract and Nick Bobir has stepped down as ICON CEO whilst the remainder of the ICON team will report through to BLSS leadership team.

BLSS Holdings Pty Ltd. completed the acquisition of ICON Esports Pty Ltd from BLSS Holdings Pty Ltd. for AUD 1 on August 10, 2023. SQID is also entitled to a share of EBITDA generated by ICON for three calendar years. The EBITDA share is 10% in the first and second calendar years and 8% in the third calendar year. BLSS will continue to operate the ICON brands, led by its Chief Operating Officer Brendan Harms.