Razer bought substantially all StreamElements operating assets on July 31. StreamElements continues as a standalone platform under a Razer subsidiary. Per the reports, pre-closing debts and creator-payment obligations stay with the old owner, Live Momentum, with part of the price set aside for those payments.
💰 What it means for creators' moneyIf StreamElements owed you sponsorship money from before the deal, it is owed by the previous company, not Razer. Track any outstanding invoices.
Summary in our own words of public reporting. Figures are as reported by the sources above. General information only, not legal, tax or financial advice.
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