TORONTO, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG) (âCVGâ) announced a material adverse regulatory development with respect to Head Digital Works (the âCompanyâ), a leading online skill based gaming platform in India. CVG and Clairvest Equity Partners V invested in the Company in 2017.
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What specific regulatory actions are being taken against Head Digital Works and how might they affect the company's operations in India?
How will this adverse regulatory development impact Clairvest Groupâs (CVG) financial exposure and potential writeâdown of its investment?
What is the expected timeline for resolution of the regulatory issue and its likely effect on CVGâs upcoming earnings guidance and share price?