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Bragg Gaming prices US$1.3 million private placement at US$1.73 per subscription receipt

PUBT·06/01/2026 11:45:19
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Bragg Gaming prices US$1.3 million private placement at US$1.73 per subscription receipt
  • Bragg Gaming Group announced a non-brokered private placement of up to 751,445 subscription receipts at USD 1.73 each for up to USD 1.3 million.
  • Each subscription receipt converts into one share and one non-transferable warrant once conditions tied to the Drayton International acquisition are met.
  • Warrants carry a USD 2.16 exercise price with a 36-month term from the transaction closing, subject to an acceleration trigger.
  • Closing is expected on or about June 19, 2026; proceeds earmarked for general corporate purposes.
  • Insiders plan to participate; Matt Davey also intends to subscribe, targeting about a 10% stake post-transaction on a non-diluted basis.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bragg Gaming Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260601035049) on June 01, 2026, and is solely responsible for the information contained therein.