WestPark Capital Announces Closing of $6.5 Million Registered Direct Offering Priced At-The-Market for Ebet Inc. (NASDAQ:EBET)

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Feb 14, 2023

WestPark Capital, a Los Angeles based international investment bank and securities firm, announced today that it closed a registered direct offering of 6,372,530 shares (the "Shares") of common stock, and a concurrent private placement of warrants to purchase 6,372,530 shares (the "Warrant Shares") of common stock (the "Warrants") at a combined purchase price of $1.02 priced at-the-market under Nasdaq rules for EBET, a global provider of advanced wagering products and technology. The gross proceeds to EBET from this offering were $6.5 million before deducting placement agent fees and other estimated offering expenses.