Engine gaming announces closing of subscription receipt financing and consolidation, name change and closing of gamesquare transaction

New york, ny / accesswire / april 6, 2023 / engine gaming and media, inc. (game) ("engine" or the "company") (nasdaq:game)(tsxv:game) is pleased to announce that it has closed its previously announced public offering (the "offering") of 7,673,000 subscription receipts (the "subscription receipts") of the company at an issue price of us$1.25 per subscription receipt, including the partial exercise of the over-allotment option, for aggregate gross proceeds of us$9,591,250. the offering was led by roth canada, inc. (the "agent") as the sole agent and sole bookrunner.
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