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GMBL - Esports Entertainment completes $4.3M private placement
Esports Entertainment Group Inc.
2023-05-01 09:53:01 ET
Esports Entertainment Group ( NASDAQ: GMBL ) enters into a securities purchase agreement to complete a private placement to provide the company with net proceeds of ~$4M after estimated offering expenses.
The private placement may also provide the company with an opportunity for additional funding whereby the investor would receive a warrant to purchase shares.
The closing of the offering is expected to occur during the first week of May 2023.