Monaker group increases previously announced bought deal to $7.7 million

Weston, fl, dec. 29, 2020 (globe newswire) -- via newmediawire -- monaker group, inc. (nasdaq: mkgi), an innovative technology company, announced today that, due to demand, the underwriters have agreed to increase the size of its previously announced offering and purchase on a firm commitment basis 3,080,000 shares of common stock of the company, at a price to the public of $2.50 per share (the “public price”). the closing of the offering is expected to occur on or about december 31, 2020, subject to customary closing conditions.
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