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Gambling.com Group Limited Announces 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 launch 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 launch of an underwritten secondary offering of 4,250,000 of its ordinary shares by Edison Partners IX, LP, Mark Blandford and Gerard J. Hall (collectively, the “Selling Shareholders”). The Selling Shareholders expect to grant the underwriters a 30-day option to purchase up to 637,500 additional ordinary shares. The offering consists entirely of the Company’s ordinary shares to be sold by the Selling Shareholders and will not change the number of the Company’s shares that are outstanding. The Company will not receive any proceeds from the sale of the ordinary shares by the Selling Shareholders.\n\n\nJefferies and Stifel are acting as joint lead book-running managers for the offering. B. Riley Securities, BTIG and Craig-Hallum are also acting as book-running managers for the offering.\n\n\nThe ordinary shares in this offering are being 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 preliminary prospectus supplement and accompanying prospectus relating to and describing the terms of the offering will be filed with the SEC and may 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. The final terms of the offering will be disclosed in a final prospectus supplement to be filed by the Company with the SEC.\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 be made in accordance with...