Gamehaus pays $19.6M in stock for 56% of Anamana

Gamehaus Holdings Inc. (Nasdaq: GMHS) signed a definitive agreement on November 2, 2026 to acquire an expected 56% of Techforge Co., Ltd, the holding company of AI micro-serial platform Anamana, for $19.6 million in stock and $7.0 million in cash, the mobile game publisher said in a release datelined Shanghai.

The $19.6 million share purchase is payable entirely in Gamehaus Class A ordinary shares, about 24.5 million at $0.80 each, with no cash going to the sellers. Those sellers include an entity controlled by Feng Xie, Gamehaus's founder and chairman, so the company is buying part of the target from a vehicle tied to its own chairman. Gamehaus will subscribe for 2,526 newly issued Techforge shares with the $7.0 million cash, drawn from its own funds and completed right after the share purchase. The transaction does not require shareholder approval.

The structure puts the only cash into the target. Gamehaus pays the existing shareholders in its own shares, and the money it does spend goes into Techforge itself, not to the sellers. The consideration shares will be issued in a private placement exempt from registration under the Securities Act of 1933, and Gamehaus has agreed to use reasonable commercial efforts to file a resale registration statement for them within 60 calendar days after closing. StockTitan, read on November 3, 2026, recorded GMHS down 10.72% from its previous close on the day of the announcement.

Anamana, founded in 2025, runs an AI-native micro-serial platform. Its agentic AI Anamana Studio helps human storytellers produce serialized video the company says costs up to 97% less than traditional production, and it distributes through its own app and third-party platforms including YouTube and TikTok, according to StreetInsider and Investing.com.

Gamehaus says it plans to run Anamana as its primary growth business and to keep managing its existing mobile game portfolio, spanning mid-core and casual titles, for cash flow and profitability. Xie said in the release: "We see an opportunity to apply the capabilities we have built in gaming to a broader range of AI-powered entertainment." He said the goal is a platform that connects content creation and distribution with increasingly personalized, interactive experiences.

For creators, the deal, if it closes as planned, would put a Nasdaq-listed publisher's distribution and monetization operation behind an AI micro-serial studio and its creator tools.

Closing is expected in November 2026, subject to customary closing conditions.