Esports entertainment group announces pricing of $8.0 million public offering of 10.0% series a cumulative redeemable convertible preferred stock

Hoboken, new jersey--(newsfile corp. - november 11, 2021) - esports entertainment group, inc. (nasdaq: gmbl) (nasdaq: gmblw) (the "company") today announced the pricing of its previously announced underwritten registered public offering of 800,000 shares of its 10.0% series a cumulative redeemable convertible preferred stock, with a liquidation preference of $11.00 per share (the "series a preferred stock"), at a purchase price of $10.00 per share for total gross proceeds of $8.0 million before deducting underwriting...
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