Esports entertainment group announces completion of public offering of common stock and warrants

Company raises net proceeds of $13.6 millionhoboken, new jersey--(newsfile corp. - march 2, 2022) - esports entertainment group, inc. (nasdaq: gmbl) (nasdaq: gmblw) (or the "company") today announced the successful completion of its public offering of common stock and warrants, raising proceeds of $13.6 million net of underwriting discounts, commissions and estimated offering expenses. the company sold 15,000,000 shares of common stock and warrants to purchase 15,000,000 shares of common stock for a combined effective offering price of $1.00, with each...
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