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News & Events

BIG DEAL: FansUnite Closes Upsized and Oversubscribed $13.4 million Private Placement of Special Warrants led by Gravitas Securities Inc.

Jan 13, 2021

Big Deal - High Fives

FansUnite Entertainment Inc. (CSE: FANS) (“FansUnite”), a technology company providing leading online gaming solutions, closed an oversubscribed $13.4 million private placement of special warrants (“Special Warrants”). FansUnite intends to file a (final) short form prospectus to qualify the distribution of the units underlying the Special Warrants. Gravitas Securities Inc. acted as lead agent and sole bookrunner in connection with the offering with a syndicate that included Haywood Securities Inc. and Mackie Research Capital Corporation (collectively, the “Agents”).

Minden Gross LLP acted for the Agents with a team led by Andrew Elbaz (Partner), Alexander Katznelson (Associate), and Darren Nguyen (Associate) – Securities and Capital Markets.

Read the media release here:
FansUnite Entertainment Announces Closing of Upsized and Oversubscribed $13.4 Million Private Placement Led by Gravitas Securities Due to Strong Investor Demand (newsfilecorp.com)

Image: Andrew Elbaz - Securities and Capital MarketsImage: Alexander Katznelson, Business Law LawyerImage: Darren Nguyen, Business Law Lawyer