SharpLink Gaming priced a public offering of up to 1,530,612 shares or equivalents at $2.94 each, the company said. It expects gross proceeds of about $4.5m before fees and other costs, with closing subject to standard conditions. SharpLink said it plans to use the net proceeds for working capital and general corporate purposes.
The proposed raise would provide SharpLink with capital for working capital and general corporate purposes.
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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%.
Genting Bhd proposed a MYR1.25 billion rights issue in early October, primarily to reduce debt and provide working capital, the company said. Lim Kok Thay’s family undertook to subscribe for its full entitlement, representing 45% of the issue; underwriting for the balance was still to be finalised. The proposal comes as Genting pursues US$5.5 billion and US$5 billion resort projects in New York and Singapore respectively.
Genting Bhd proposed a MYR1.25bn rights issue in early October, primarily to reduce debt and provide working capital. The source valued the proposed issue at US$306m.
The Office for Health Improvement and Disparities awarded more than £9.4m to gambling harms organisations in the UK, according to a report. Recipients include Gambling with Lives, Gamban, GamLearn, Chapter One and Beacon Counselling Trust; the funding page puts total provision through 2028 at £39.7m.
The Office for Health Improvement and Disparities (OHID) has awarded more than £9.4m to gambling harms groups, following legal challenges to earlier funding decisions, according to the report.
Gamban said it has returned its gambling-blocking service to free access in England after receiving funding approved by the Office for Health Improvement and Disparities. The company said it had previously switched to subscriptions and had already restored free service in Wales earlier in the year.
Gamban has announced that its service in England will be free again, after it did the same in Wales earlier in the year. The company reversed the change following funding approved by the Office for Health Improvement and Disparities (OHID).
PhilWeb completed the sale of nearly 61.04 million treasury shares to JKS Tech Solutions for just over PHP1.01bn, at PHP16.50 per share. The transaction, completed on 30 October, forms part of a wider cross-investment arrangement; PhilWeb said the sale proceeds would partly fund its investment in JKS Tech.
PhilWeb Corp said it has completed the sale of nearly 61.04 million treasury common shares to JKS Tech Solutions Inc for just over PHP1.01bn (US$15.9m). In a filing, PhilWeb said this exercise was completed on 30 October and priced the shares at PHP16.50 each. The sale falls under a cross-equity deal that was first announced in September.