GAN | US Investors: The Equity Group |
Dermot Smurfit | Adam Prior |
Chief Executive Officer | [email protected] |
+44 (0) 20 7292 6262 | 212.371.8660 |
[email protected] | |
UK & Ireland Investors: Walbrook PR | |
Paul Cornelius | |
[email protected] | |
+44 20 7933 8780 |
Davy (Nominated Adviser, ESM Adviser and Joint Broker) | ||
John Frain / Barry Murphy | ||
+353 1 679 6363 | ||
Liberum (Joint Broker) |
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Neil Patel / Cameron Duncan | ||
+44 (0) 20 3100 2000 |
Irvine, California | January 14, 2021: GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading full-service internet gaming software-as-a-service provider to the real money Internet gaming and online sports betting industries, today announced that it has signed its first Letter of Intent (“LOI”) with an existing client to provide its new ‘Coolbet’ sportsbook engine, which is currently being technically integrated for U.S. deployment by GAN, for operational rollout in the Commonwealth of Virginia as an internet-only mobile-first sports betting experience, subject to regulatory approvals and operator client licensure. The LOI is non-binding and contingent on the client being awarded an Internet sports betting license in the Commonwealth of Virginia, as well as other factors.
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GAN Limited Closes Acquisition of Coolbet.pdf
Irvine, California | December 21, 2020: GAN Limited (the “Company” or “GAN”) (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the closing of its previously announced upsized follow-on underwritten public offering of 7,174,456 ordinary shares, which includes the exercise in full of the underwriter’s option to purchase 935,798 ordinary shares, at a price to the public of $15.50 per share. 6,790,956 shares are being sold in the offering by GAN, and 383,500 shares are being sold in the offering by selling shareholders.
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