On March 16, 2023, FansUnite Entertainment Inc. closed the transaction. The company has issued 37,976,242 units at an issue price of CAD 0.08 per unit for aggregate gross proceeds of approximately CAD 3,040,000. The company has paid cash finders' fees totaling CAD 60,298 and issued 753,725 broker warrants to certain finders.

Each broker warrant entitles the holder thereof to acquire one common share at a price of CAD 0.08 per broker warrant Share for a period of 36 months from the closing date of the Offering. The Broker warrants are subject to a statutory hold period of four months and a day. The transaction included participation from Tekkorp Capital LLC for 13,750,000 units, and insiders, management and employees of the company for 4,304,742 units for aggregate proceeds of CAD 1,400,000.