Finance

TheScore raises $186.3m through IPO launch

Launch sales exceed operator’s expectations as additional 900,000 shares are sold

TheScore has raised $186.3m through its IPO on Nasdaq after pricing its shares at $27 each. The operator had expected to raise $162m through the sale of six million shares, but it sold an additional 900,000 during the offering. Funds will be invested into growing the Toronto-headquartered media and betting company’s sportsbook in the US…

Finance | GAN | Nasdaq | theScore

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