Gaming Innovation Group - Issue of new shares
Gaming Innovation Group Inc. (“GiG” or the “Company”) has today issued 26,110,900 new shares of its common stock in connection with the acquisition of Sportnco Gaming Innovation Group Inc. (“Sportnco”) and the related directed share issue towards SkyCity Entertainment Group Limited (“SkyCity”), ref. separate announcement today. 12,623,400 new shares have been issued to the shareholders of Sportnco at a share price of NOK 18.08 for a consideration of EUR 23,500,000, and 13,487,500 new shares have been issued to SkyCity at a share price of NOK 18.00 for a consideration of EUR 25,000,000.