IPO for Esports Technologies (EBET) Surges on Debut

Today's IPO for Esports Technologies (NASDAQ: EBET) opened for trading earlier at $21 after pricing 2,400,000 shares of its common stock at a price of $6.00 per share. Shares continued to an intra-day high of $35.87 and last traded at $24.59.

Boustead Securities, LLC acted as the sole underwriter for the offering.

Esports Technologies, Inc. is a technology company developing and operating platforms focused on esports and competitive gaming. We operate a licensed online gambling platform, gogawi.com, which is an esports/sportsbook focused on bettors located in Asia and Latin America. We offer real money betting on esports events from around the world in a secure environment. We accept wagers on major esports titles including: Counter-Strike: GO, League of Legends, Dota 2, StarCraft 2, Rocket League, Rainbow Six, Warcraft 3, King of Glory and FIFA; as well as professional sports including the National Football League, National Basketball Association, Major League Baseball, soccer and more.

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