Enthusiast Gaming Closes $46 Million Marketed Public Offering

On June 15th, Enthusiast Gaming Holdings Inc. announced it closed a $46 million public offering after issuing 8,000,000 common shares in the capital of the company for $5.75 per share. The public offering was first announced on June 9th.

Enthusiast Gaming was represented by Norton Rose Fulbright Canada LLP in Canada. Norton Rose Fulbright US LLP helped Enthusiast Gaming in the United States.

Enthusiast Gaming is a Toronto-based company that was founded in 2014. The organization reports reaching over 300 million gamers every month. They also operate over 1,000 Youtube channels that have combined for over 42 billion views.

Enthusiast Gaming Holdings Inc. is publicly traded under the ticker symbol “EGLX”. As of 4:40 PM on June 18th, 2021, one share of stock in Enthusiast Gaming is worth $5.42.

(All information was provided by PR Newswire, Globe Newswire, Yahoo!, and Yahoo! Finance)

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