SLGG - Super League Gaming announces $13.6M sale of common stock
Super League Gaming (SLGG) announces the sale of ~1.5M shares at a price of $9.00 per share; gross proceeds are expected to be ~$13.6M.Net proceeds to be deployed for working capital and general corporate purposes, including sales and marketing activities, product development and capital expenditures.Transaction is expected to close on or about March 23, 2021.Ann Hand, CEO said, “These funds help strengthen our balance sheet, giving us more flexibility to execute our business plan and consider a number of growth opportunities as they arise.”Shares +1.6% pre marketPress Release
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Super League Gaming announces $13.6M sale of common stock