Enthusiast gaming announces pricing of its previously announced equity offering

Toronto, june 11, 2021 (globe newswire) -- enthusiast gaming holdings inc. (“enthusiast gaming” or the “company”) (nasdaq: eglx) (tsx: eglx), a media and content platform for video game and esports fans to connect and engage, is pleased to announce that the company has priced the offering (the “offering”) at usd$5.75 per common share (the “common shares”) for aggregate gross proceeds to the company of usd$46,000,000. in connection with the offering the company has entered into an agreement with a syndicate of underwriters co-led by rbc capital markets and canaccord genuity (the “lead underwriters”) as joint lead bookrunning managers, with b. riley securities acting as joint bookrunner, and including paradigm capital inc., scotia capital inc., alliance global partners, colliers securities llc and haywood securities inc., as co-managers (together with the lead underwriters, the “underwriters”).
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