Today, Urban Entertainment Concepts ("UEC"), through its subsidiary, Goodsurf – together with Action Team Veranstaltungs GmbH ("ATV") – announces Goodsurf's acquisition of Citywave North America, including all intangible property, rights, and responsibilities of Citywave throughout the US, Canada, Mexico, and Caribbean. Citywave is the leading stationary surf wave company in the world with 15 installments in Europe, Asia, the Middle East, and the United States. The transaction closed on September 16, 2022.