Esports Entertainment Group Announces Pricing of Above Market $8.4 Million Public Offering and Uplisting to Nasdaq
ESPORTS ENTMNT GRP INC (GMBL)
NASDAQ:AMEX Investor Relations:
esportsentertainmentgroup.com
Company Research
Source: GlobeNewswire
BIRKIRKARA, Malta, April 14, 2020 (GLOBE NEWSWIRE) -- Esports Entertainment Group, Inc. (NasdaqCM: GMBL, GMBLW) (or the “Company”) a licensed online gambling company with a focus on esports wagering and 18+ gaming, today announced the pricing of its public offering of 1,980,000 units at a price to the public of $4.25 per unit. Each unit issued in the offering consists of one share of common stock, one Unit A Warrant to purchase one share of common stock and one Unit B Warrant to purchase one share of common stock. The common stock, Unit A Warrants and Unit B Warrants are immediately separable from the units and will be issued separately. The common stock and Unit A Warrants are expected to begin trading on the Nasdaq Capital Market on April 14, 2020, under the symbols “GMBL” and “GMBLW,” respectively. Esports Entertainment Group expects to receive gross proceeds of approximately $8.4 million, before deducting underwriting discounts and commissions and other estimated offering expens
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