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    FANS   CA30727R1091

FANSUNITE ENTERTAINMENT INC.

(FANS)
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FansUnite Entertainment Seeks Acquisitions

07/15/2021 | 05:34pm EDT

FansUnite Entertainment Inc. (CNSX:FANS) is seeking acquisitions. Fansunite has closed its previously announced public offering pursuant to which the company issued 27,547,100 units of the company at a price of 90 cents per unit for gross proceeds of $24,792,390, including a partial exercise of the overallotment option, pursuant to an agency agreement between the company, Stifel Nicolaus Canada Inc. (Stifel GMP) and Gravitas Securities Inc., entered into on July 8, 2021. The use of proceeds from the Offering is set out in the Prospectus and includes: potential future acquisitions; developing additional innovative games under the Askott Games brand; certifying the Chameleon Software Platform for use in the United Kingdom, as well as expanding the Company's footprint in the United States; launching and marketing of a new business-to-consumer brand; and entering into new partnerships and increasing brand awareness.


ę S&P Capital IQ 2021
All news about FANSUNITE ENTERTAINMENT INC.
09/14FANSUNITE ENTERTAINMENT : Up 1% after Reporting Partnerships to Expand Offering
MT
09/14FansUnite Signs Multiple Data Provider Partnerships for Chameleon B2B Platform
NE
09/14ASPIRE GLOBAL : Pariplay Enters Brazil through Deal with Fansunite
AQ
08/30Fansunite Entertainment Inc. Reports Earnings Results for the Second Quarter Ended June..
CI
08/16FansUnite to Present at the Virtual Gravitas Titans of Tech Investor Day
NE
08/11FansUnite Entertainment Inc. Announces Participation in the Q3 Virtual Investor Summit
NE
08/10FansUnite Appoints Gaming Product Expert Michael Lee as Vice President of Gaming
NE
08/05FansUnite Granted UK Gambling Licenses for B2C and B2B Businesses
NE
07/15FansUnite Entertainment Seeks Acquisitions
CI
07/15FANSUNITE ENTERTAINMENT : Up 2.9% after Reporting Closing of Public Offering
MT
More news
Financials
Sales 2020 1,56  1,23  1,23 
Net income 2020 -13,5 M -10,6 M -10,6 M
Net cash 2020 3,82 M 3,01 M 3,01 M
P/E ratio 2020 -7,70x
Yield 2020 -
Capitalization 181 M 143 M 143 M
EV / Sales 2019 -
EV / Sales 2020 107 490 198x
Nbr of Employees 33
Free-Float 94,4%
Chart FANSUNITE ENTERTAINMENT INC.
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Managers and Directors
Scott Burton Chief Executive Officer & Director
Darius Eghdami President & Director
Graeme Moore Chief Financial Officer & Secretary
Jeremy Hutchings Chief Technology Officer
Ian Winter Chief Operating Officer
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