Bragg Gaming closes US$ 1.3 million private placement at US$ 1.73 per subscription receipt
Bragg Gaming Group Inc.
Bragg Gaming Group Inc. BRAG | 0.00 |
- Bragg Gaming closed a non-brokered private placement of 751,445 subscription receipts at US$ 1.73, raising about US$ 1.3 million gross.
- Receipts sit in escrow pending conditions tied to its planned acquisition of Drayton International, expected to close in Q3 2026.
- On release, each receipt converts into one share plus one non-transferable warrant exercisable at US$ 2.16 for 36 months.
- Insiders participated, including CFO Robbie Bressler, COO Morten Tonnesen, director Thomas Winter; Matt Davey also subscribed.
- Matt Davey is expected to be appointed non-executive chairman on closing; he is expected to hold about 10% of shares non-diluted.
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 on June 23, 2026, and is solely responsible for the information contained therein.
