Esports Leisure Group, Inc., a licensed on-line playing firm with a give attention to esports wagering and 18+ gaming, is happy to announce the receipt of roughly $4,375,000 from the train of warrants.
TOTAL WARRANT EXERCISE SINCE IPO TOTAL APPROXIMATELY $6.2 MILLION
Traders taking part within the Esports Leisure Group’s public providing of securities, which was consummated on April 14, 2020 (the “April Providing”), exercised a complete of 1,029,393 warrants at a value of $4.25 per share for gross proceeds of roughly $4,375,000 since Could 22, 2020.
Mixed with the Firm’s press launch on Could 26, during which the Firm introduced the receipt of roughly $1,860,000 from the train of warrants, the Firm has acquired an mixture of roughly $6,235,000 as of June 8, 2020 from the train of warrants by buyers taking part within the Firm’s IPO.
“In the present day’s announcement considerably bolsters our monetary energy and sources essential to execute our marketing strategy,” mentioned Grant Johnson, CEO of Esports Leisure Group. “The continued assist and confidence of our valued shareholders is deeply appreciated as we aggressively pursue our progress technique in 2020 and past.”
ABOUT ESPORTS ENTERTAINMENT GROUP:
Esports Leisure Group, Inc. is a licensed on-line playing firm with a selected give attention to esports wagering and 18+ gaming. The Firm holds a license to conduct on-line playing and 18+ gaming on a worldwide foundation in Malta and Curacao, Kingdom of the Netherlands and is ready to settle for wagers from over 149 jurisdictions together with Canada, Japan, Germany and South Africa. Esports Leisure presents fantasy, swimming pools, mounted odds and alternate fashion wagering on esports occasions in a licensed, regulated and safe platform to the worldwide esports viewers at vie.gg. As well as, Esports Leisure intends to supply customers from all over the world the flexibility to take part in multi-player cellular and PC online game tournaments for money prizes. Esports Leisure is led by a group of business professionals and technical specialists from the web playing and the online game industries, and esports. The Firm maintains workplaces in Malta. For extra info go to www.esportsentertainmentgroup.com