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Gaming Innovation Group – Issue of new shares

Published

4 years ago

May 28, 2021

George Miller

GiG signs sportsbook & platform partnership with Full Games SA in Angola

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Gaming Innovation Group Inc. has today issued 6,600,000 new shares of its common stock in connection with the conversion of the EUR 8.5 million convertible loan entered into in December 2020, see announcement from 20 May 2021.

Gaming Innovation Group Inc. confirms that the new shares have been duly authorized by all necessary corporate action and that the new shares have been fully paid and validly issued. The Company’s share capital has increased from USD 90,075,626 to USD 96,675,626 and the number of outstanding shares has increased from 90,075,626 to 96,675,626 (par value USD 1.00). The new shares are issued by the board of directors under the Company’s 110,000,000 authorized shares.

Related Topics:Gaming Innovation Group GiG GiG new shares

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George Miller

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.