EBET closes private placement of 977 657 shares of common stock
EBET has closed its previously announced private placement of 977,657 shares of common stock and warrants to purchase said shares
EBET has shut its antecedently proclaimed private location of 977,657 shares of vernacular buy in and warrants to purchase said shares.
It is at a purchase price of $3.58 per divvy up of plebeian gillyflower and associated warrant, for receipts proceeds to EBET of close to $3.5m.
The provider of wagering products and engineering noted that 144 proceeds leave off fees and other offering expenses payable by the group, while the warrants have an work toll of $5.00 per portion of plebeian stock, and testament follow exercisable 6 months from the closure of the offering for a period of V years from the closing date.
The group intends to apply the nett proceeds from the buck private positioning for full general collective purposes.
“The bid and sales event of the foregoing securities are existence made inward a transaction not involving a public offering and the securities hold non been registered below the Securities Act of 1933, as amended, or applicable tell securities laws,” a financial statement from EBET read.
“Accordingly, the securities may not be offered or sold inwards the United States except pursuant to an effective registration financial statement or an applicable exemption from the registration requirements of the Securities Act and such applicable country securities laws.”
The previous promulgation regarding the shares was made earlier this month, when on 7 June ââthe fellowship entered into securities purchase agreements with several institutional and licenced investors.