Esports Entertainment Group (NASDAQ: GMBL, GMBLW), an esports entertainment and online gambling company, announced that it has closed on the sale of 2,000,000 shares of its common stock; the shares were offered at a purchase price of $15 per share. The sale was made to certain institutional investors through a registered direct offering and resulted in approximately $30 million, priced at-the-market for Nasdaq rules, for the company. Roth Capital Partners acted as financial advisor for the offering.
For more information, visit the company’s website at www.esportsentertainmentgroup.com.
About Esports Entertainment Group Inc.
Esports Entertainment Group is an esports and online gambling company. The company operates a number of entities across three key pillars: 1) esports entertainment and infrastructure, 2) esports wagering, and 3) iGaming. The company maintains offices in New Jersey, the United Kingdom and Malta.
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