Scout Gaming Group will perform capital raise

Scout Gaming Group’s working capital has reached a level which is below the rules of Nasdaq First North Growth Market.

The company is currently working receiving new financing. Initially a bridge loan, followed by a convertible loan during the summer and a new share issue.

For additional information, please contact:
Andreas Ternström, CEO
Tel: +46 706 770 660
E-mail: andreas.ternstrom@scoutgaminggroup.com

Niklas Jönsson, CFO
Tel: +46 725 494 173
E-mail: niklas.jonsson@scoutgaminggroup.com

About Scout Gaming Group

Scout Gaming Group is a licensed and regulated provider of B2B Daily Fantasy Sports, Sportsbook, Fantasy betting and other sports betting products. The company offers a flexible and customizable network-based platform with support for most sports and leagues through an in-house StatCenter which also provides real-time information to players. The Group is headquartered in Stockholm, Sweden with development and operations in Bergen, Norway and Lviv, Ukraine. Scout Gaming is listed on Nasdaq First North Growth Market and the Certified Adviser is Redeye AB. Contact details: Certifiedadviser@redeye.se, +46 (0)8 121 576 90.

This information is information that Scout Gaming Group AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 09:00 CET on 25 May 2022.