StreamElements, a cloud-based platform that provides free tools for live streamers, has announced it is in 'positive discussions with potential acquirers' amidst rumors of its impending shutdown. The platform, which has been operational since 2016, allows streamers to enhance their broadcasts with custom overlays and alerts. Canadian entrepreneur Chris Pavlovski, CEO of the Rumble streaming platform, has shown interest in purchasing StreamElements, reaching out via social media. Despite the uncertainty, StreamElements reassured its community that it will continue to support creators while exploring acquisition options. The rumors of closure were fueled by alleged internal communications suggesting the company would cease operations, with a 30-day transition period for users. Additionally, industry reports highlighted issues such as delayed payments and layoffs, raising concerns about the platform's stability. StreamElements had previously raised $111 million in funding and supported over 1 million creators, making its potential closure a significant event in the livestreaming industry.