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For more information
please contact:
Investment
Banking
Al Longfield, CFA
Managing Director
(949) 720-7177
alongfield@roth.com
Kamal Masud
Director
(949) 720-7102
kmasud@roth.com |
Transaction Information
Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW), an esports entertainment and online gambling company, has closed a sale of 2,000,000 shares of its common stock to certain institutional investors in a registered direct offering. The shares were sold at the purchase price of $15.00 per share, resulting in the gross proceeds to Esports Entertainment Group of $30 million, priced at-the-market under Nasdaq rules.
Roth Capital Partners acted as financial advisor for the offering.
About Esports Entertainment Group
Esports Entertainment Group, Inc. 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, 3) iGaming. The Company maintains offices in New Jersey, the UK and Malta. For more information, please visit
esportsentertainmentgroup.com.
(Source: Company Press Release | 02.16.21)
About Roth Capital Partners
Roth Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and
their investors. As a full-service investment bank, Roth provides capital raising, M&A advisory, analytical research, trading,
market-making services and corporate access. Headquartered in Newport Beach, CA, Roth is privately-held and employee owned, and
maintains offices throughout the U.S. For more information on Roth please visit
www.roth.com. |
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Date of Announcement: 04.01.21
The material, information and facts discussed in this announcement other than the information regarding Roth Capital Partners, LLC
("ROTH") and its affiliates, are from sources believed to be reliable, but are in no way guaranteed to be complete or accurate. This announcement should not be used as a complete analysis of any
companies, securities or topics discussed herein. Additional information is available upon request. This is not, however, an offer or solicitation of the securities discussed. Any opinions or
estimates in this announcement are subject to change without notice. An investment in any security based on this announcement may involve risks and uncertainties that could cause actual results to differ
materially from the forward-looking statements. Additionally, such investments may involve a high degree of risk and may not be suitable for all investors. No part of this announcement may be
reproduced in any form without the express written permission of Roth. Copyright 2021. |
