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Lucosky Brookman is a leader in the representation of small and micro-cap companies. The Firm has led it clients through numerous capital raise transaction and over a dozen uplisting and initial public offering transactions.  Access the latest news about Lucosky Brookman, our clients’ business transactions and industry updates here. 

Lucosky Brookman client Esports Entertainment Group Closes $30 Million Registered Direct Offering

The Firm is pleased to announce that its client Esports Entertainment Group, Inc. (NASDAQ: GMBL) (NASDAQ: GMBLW), an esports entertainment and online gambling company, has closed its previously announced registered direct offering of 2,000,000 shares of its common stock at a price of $15.00 per share, for aggregate gross proceeds of $30 million, priced at-the-market under Nasdaq rules.

Lucosky Brookman acted as corporate and securities legal counsel to the Company.  Maxim Group LLC and Joseph Gunnar & Co., LLC acted as co-placement agents for the offering.

The shares of common stock were offered pursuant to a shelf registration statement on Form S-3 declared effective by the Securities and Exchange Commission on February 5, 2021.