- Champion Gaming Group (WAGR) has announced a non-brokered private placement of up to $800,000 in secured convertible promissory notes
- Each note will be priced at $1,000 and will mature 24 months from the closing date of the offering
- Noteholders will have the right to convert any portion of the notes into common shares
- Champion Gaming Group Inc is a sports intelligence destination for teams, media, bettors, players, and fans
- Champion Gaming Group Inc. (WAGR) opened trading at C$0.14
Champion Gaming Group (WAGR) has announced a non-brokered private placement of up to $800,000 in secured convertible promissory notes.
Each note will be priced at $1,000 and will mature 24 months from the closing date of the offering. The holders of the notes will have the right to convert all or any portion of the outstanding principal amount into common shares at a conversion price of $0.20 per common share. The notes will be secured by a general security agreement over company assets.
Closing of the offering is subject to receipt of all necessary corporate and regulatory approvals, including the approval of TSXV. All securities issued in connection with the Offering will be subject to a four-month hold period.
Champion Gaming is a sports content, data and analytics company that provides predictive and prescriptive analytical models and win probability applications and statistics in the sports industry for teams, media, fans, and bettors.
Champion Gaming Group Inc. (WAGR) opened trading at C$0.14.