Allied Esports Entertainment (AESE) Announces Proposed Common Share Offering

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Allied Esports Entertainment Announces Proposed Public Offering of Common Stock

January 29, 2020 7:30 AM EST

IRVINE, Calif.--(BUSINESS WIRE)-- Allied Esports Entertainment, Inc. (NASDAQ: AESE) (Allied Esports), a global esports entertainment company, today announced that it has commenced an underwritten public offering of its common stock. The shares are being offered by Allied Esports and certain selling stockholders. In addition, Allied Esports expects to grant the underwriters a 30-day option to purchase additional shares of its common stock at the public offering price, less underwriting discounts and commissions, to cover over-allotments, if any. The proposed offering is subject to market and other conditions, and there... More