EBET on Nasdaq: Announcing Esports Technologies, Inc. Initial Public Offering
Announcing Esports Technologies, Inc. Initial Public Offering: EBET on Nasdaq
Boustead Securities, LLC (“Boustead”) client Esports Technologies, Inc. (“Esports”) (proposed Nasdaq listing symbol: "EBET"), the operator of an online esports/sportsbook focused on gamers located in Asia, has filed an amended registration statement with the SEC for its planned IPO.
Boustead is the lead underwriter for the offering.
In its proposed IPO, the Company is offering 2,000,000 common shares. The IPO price is anticipated to be between US$4.50 and US$5.00. The maximum offering amount is US$10,000,000.
The Company has applied to list on NASDAQ under the ticker symbol "EBET".
The offering of these securities will be made only by means of a prospectus, which is a part of the registration statement filed with the SEC. Copies of the prospectus may be obtained from: Boustead Securities, LLC.
About Esports Technologies, Inc.
Esports Technologies, Inc. Is a technology company developing and operating platforms focused on esports and competitive gaming. They operate a licensed online gambling platform, gogawi.com, which is an esports/sportsbook focused on bettors located in Asia and Latin America. The company offers real money betting on esports events from around the world in a secure environment.
About Boustead Securities, LLC
Boustead Securities, LLC (“Boustead”) is an investment banking firm that executes and advises on IPOs, mergers and acquisitions, capital raises and restructuring assignments in a wide array of industries, geographies and transactions, for a broad client base. Boustead’s core value proposition is the ability to create opportunity through innovative solutions and tenacious execution. With experienced professionals in the United States, Boustead’s team moves quickly and provides a broad spectrum of sophisticated financial advice and services. Boustead is a majority owned subsidiary of Boustead & Company Limited, a diversified non-bank financial institution. For more information, please visit www.boustead1828.com
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Cautionary Statement Concerning Forward-Looking Statements
This document contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. In evaluating these forward-looking statements, you should consider various factors, including: our ability to change the direction of the Company; our ability to keep pace with new technology and changing market needs; and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur.