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Gambling.com Group Limited Announces Closing of Secondary Offering of Ordinary Shares by Selling Shareholders
CHARLOTTE, N.C.--(BUSINESS WIRE)-- Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”) today announced the closing of an
About this update from Gambling.com Group Limited
[{"type":"text","content":" CHARLOTTE, N.C.--(BUSINESS WIRE)--\nGambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group” or the “Company”) today announced the closing of an underwritten secondary offering of 4,887,500 of its ordinary shares, which included the exercise in full by the underwriters of their option to purchase an additional 637,500 shares, by Edison Partners IX, LP, Mark Blandford and Gerard J. Hall (collectively, the “Selling Shareholders”) at a public offering price of $9.25 per ordinary share. The offering consisted entirely of the Company’s ordinary shares sold by the Selling Shareholders and did not change the number of the Company’s shares that are outstanding. The Company did not receive any proceeds from the sale of the ordinary shares by the Selling Shareholders.\n\n\nJefferies and Stifel acted as joint lead book-running managers for the offering. B. Riley Securities, BTIG and Craig-Hallum also acted as book-running managers for the offering.\n\n\nThe ordinary shares in this offering were offered pursuant to a shelf registration statement on Form F-3 filed by the Company with the Securities and Exchange Commission (“SEC”) on May 18, 2023 and declared effective on May 26, 2023. A prospectus supplement and accompanying prospectus relating to and describing the terms of the offering was filed with the SEC and is available on the SEC’s website at www.sec.gov. Copies of the prospectus supplement and accompanying prospectus relating to the offering may also be obtained, when available, from: Jefferies LLC, Attn: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, NY 10022, by phone at (877) 821-7388, or by email at [email protected]; Stifel, Nicolaus & Company, Incorporated, One South Street, 15th Floor, Baltimore, Maryland 21202; Attention: Syndicate Department, telephone: (855) 300-7136, email: [email protected]; or by accessing the SEC’s website at www.sec.gov.\n\n\nThis press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Any offers, solicitations or offers to buy, or any sales of securities will b...