(EGLX) Enthusiast Gaming Announces Proposed Offering of 8M Shares

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Enthusiast Gaming Launches Marketed Public Offering of Common Shares in the United States and Canada

June 9, 2021 4:13 PM EDT

TORONTO, June 9, 2021 /PRNewswire/ - Enthusiast Gaming Holdings Inc. ("Enthusiast Gaming" or the "Company") (NASDAQ: EGLX) (TSX: EGLX), a media and content platform for video game and esports fans to connect and engage, today announced the launch of a proposed marketed public offering of common shares ("Common Shares") in the United States and Canada. A total of 8,000,000 Common Shares will be offered by the Company (the "Offering").

The Company intends to use the net proceeds of the Offering primarily to strengthen its financial... More