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180 Life Sciences plans $2.9m stock offering during iGaming pivot

Funding

180 Life Sciences plans to raise about $2.9m through a direct stock offering as it shifts towards online gaming and gambling, according to a 30 December filing with the US Securities and Exchange Commission. The proposed sale covers 1.2 million common shares at $2.41 each, alongside warrants for another 1.2 million shares; the company expects the proceeds to support its market entry efforts.

The proposed raise would finance 180 Life Sciences’ transition into the iGaming sector.

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Juroszek family raises Gentoo Media stake to 59.3% in €100m refinancing

The Juroszek family has increased its stake in Gentoo Media from 26.8% to 59.3% through a €100m refinancing package. Two family-owned entities bought €50m of equity through a share issue, with a further €50m provided as a loan; Gentoo Media chief executive Jonas Warrer said the completed refinancing would enable full repayment of bonds due in December.

The Juroszek family has gained majority control of Gentoo Media following a €100m debt refinancing, according to the source. The family's holding rose from 26.8% to 59.3%.

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