Home > All insights > Esports And Competitive Gaming Platform Developer ESPORTS TECHNOLOGIES Files and Set Terms for $10 Million US IPO
Daily Market Update
Esports And Competitive Gaming Platform Developer ESPORTS TECHNOLOGIES Files and Set Terms for $10 Million US IPO
2021-03-12

Esther Thin

Esports Technologies Inc, an esports and competitive gaming platform developer, has filed Form S-1 Registration Statement on March 10, 2021 with the U.S. Securities and Exchange Commission to announce terms for its IPO.

The company plans to raise $10 million by offering 2 million shares at a price range of $4.50 to $5.00. Assuming a successful IPO at the midpoint of the proposed price, the company expects a market capitalization of $95 million.

The company operates a licensed online gambling platform, gogawi.com, which is an esports/sportsbook focused on bettors located in Asia and Latin America. They offer real money betting on esports events from around the world in a secure environment.

The Las Vegas, NV-based company was founded in 2016 and plans to list on the Nasdaq Capital Market  under the symbol “EBET.” Boustead Securities are underwriters of the IPO.

The company engages Schiff Hardin LLP as US Securities Counsel, and PWR CPA, LLP as Independent Auditor.

#ipo #nasdaq #EsportsTechnologies #gambling #realmoney #platform

 

 

 

Hexcellence Consulting has experienced IPO consulting team focus on listing in US Stock Market,

namely NYSE, Nasdaq and OTC Markets.

Should you interested to list your company in US Stock Market,

please contact us at [email protected]

Back
FOLLOW US