Esports Technologies files and sets terms for a $10 million IPO

Esports Technologies files and sets terms for a $10 million IPO

Esports Technologies, which operates an online gambling platform focused on esports and competitive gaming, filed on Wednesday with the SEC to raise up to $10 million in an initial public offering.

The Las Vegas, NV-based company plans to raise $10 million by offering 2 million shares at a price range of $4.50 to $5.00. At the midpoint of the proposed range, Esports Technologies would command a fully diluted market value of $95 million.

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