Monaker Group (MKGI) Announces Proposed Public Offering of Common Stock

Monaker Group, Inc. (NASDAQ: MKGI), a technology solutions company focused on building a digital business ecosystem that caters to and ties together digital advertisers, consumers, video gamers and travelers, today announced that it has commenced an underwritten public offering of its common stock. All of the shares in the offering are being offered by Monaker. In addition, Monaker expects to grant the underwriters a 45-day option to purchase up to an additional 15% of shares of its common stock on the same terms and conditions. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.

Kingswood Capital Markets, division of Benchmark Investments, Inc. is acting as the sole book-running manager for the offering.

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