SAN CLEMENTE, CA and MUMBAI, INDIA / ACCESSWIRE / August 2, 2022 / Mobile Global Esports Inc. (NASDAQ:MGAM) ("the Company"), a mobile esports company with an esports and social platform that includes proprietary compression technology, as well as holding trademark and IP rights for collegiate esports tournaments and players in India, today announced the closing of the previously announced Initial Public Offering of 1,500,000 common shares at a public offering price of $4.00 per share and the exercise of the full over-allotment option of 225,000 additional common shares for gross proceeds of $6,900,000 before deducting offering expenses.
Mobile Global Esports (NASDAQ:MGAM) Announces Closing of Previously Announced Initial Public Offering and Exercise of Full Over-Allotment Option for $6.9 Million
Aug 02, 2022
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