Roth Capital Partners acted as Financial Advisor to
Esports Entertainment Group, Inc. (NASDAQ: GMBL)
in its $30 Million Registered Direct Offering

   

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.

Date of Announcement: 04.01.21

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