GAN Limited (GAN) Announces Launch of 5.2M Share Follow-on Public Offering

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GAN Announces Launch of Follow-on Public Offering

December 14, 2020 8:00 AM EST

IRVINE, Calif.--(BUSINESS WIRE)-- GAN Limited (the Company or GAN) (NASDAQ: GAN), a leading business-to-business supplier of internet gaming software-as-a-service solutions primarily to the U.S. land-based casino industry, today announced the launch of its follow-on public offering of 5,200,000 ordinary shares pursuant to a registration statement filed with the Securities and Exchange Commission (SEC). 4,816,500 shares are proposed to be sold in the offering by GAN, and 383,500 shares are proposed to be sold in the offering by selling shareholders. GAN expects to grant the underwriter of the offering a 30-day option to purchase up to an additional... More