Esports Technologies’ $14.4 Million IPO

Schiff Hardin LLP advised Esports Technologies, Inc. on the deal.

Esports Technologies, Inc. (Nasdaq: EBET), a global provider of advanced electronic sports (or esports) wagering products and technology, announced the pricing of its upsized initial public offering of 2,400,000 shares of its common stock at a price of $6.00 per share to the public for a total of $14,400,000 of gross proceeds to EBET.

The common stock is expected to begin trading on the Nasdaq Capital Market on April 15, 2021 under the symbol “EBET.”

Boustead Securities, LLC acted as the sole underwriter for the offering.

Esports Technologies, Inc. is a technology company developing and operating platforms focused on esports and competitive gaming.

The Schiff Hardin team was led by Cavas S. Pavri (Picture).

 

Involved fees earner: Cavas Pavri – Schiff Hardin LLP;

Law Firms: Schiff Hardin LLP;

Clients: Esports Technologies, Inc.;

Author: Martina Bellini