Five Below bets big on esports, Nerd Street Gamers
(WorldNews Business)

Philadelphia esports venue developer Nerd Street Gamers said Thursday it has completed a $12 million equity financing led by Five Below Inc. that is expected to give Nerd Street a much larger national footprint. The deal calls for Five Below, also headquartered in Philadelphia, and Nerd Street Gamers to build 3,000-square-foot Nerd Street Localhost spaces for esports trainings and events connected to select Five Below (NASDAQ: FIVE) stores, beginning with a multi-store pilot in 2020. The companies... ......