Esports Technologies Inc, an esports and competitive gaming platform developer, raised $14 million by offering 2.4 million ADSs at $6, high-end at the proposed range of $5 to $6.
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.
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