XD INC (02400) announced that on November 26, 2025, its indirect wholly-owned subsidiary, XD Entertainment, signed a strategic cooperation agreement with Golden Arc to establish a partnership. Additionally, XD Entertainment entered into a financing agreement to provide Golden Arc with a term loan of $40 million.

The terms of the financing agreement, including the applicable interest rate, were negotiated fairly between the company and Golden Arc, reflecting prevailing market conditions. While the strategic cooperation agreement serves as a framework for exploring business opportunities in areas such as R&D, the financing agreement aims to support Golden Arc’s acquisition of a target group.

The target group operates a diversified portfolio of games, including online service titles like *Star Trek Online* and *Neverwinter*, as well as premium games such as *Hyper Light Breaker*. It also holds a range of well-known gaming intellectual properties.

The financing agreement lays the groundwork for a long-term business relationship, facilitating future opportunities that XD INC believes will benefit the company and its shareholders. The company views this financing as a strategic move to enhance its investments in the overseas gaming industry and explore future prospects, aligning with its ordinary course of business.