Normal
or a deep-pocketed US options-trading billionaire buying in.• PointsBet has welcomed a significant equity investment from SIG Sports Investments Corp., a member of the Susquehanna International Group of Companies. SIG is one of the largest proprietary financial trading firms in the world. • The placement of 38,750,000 shares at A$2.43 per share, raises A$94.16 million and represents a 15% premium to the 5-day VWAP to 17 June 2022. • SIG Sports will become PointsBet’s largest shareholder representing 12.8% of the Company’s issued capital following issuance. • Further, PointsBet Europe Holdings Limited and Nellie Analytics Limited, a member of SIG, have entered into an agreement to scope and develop the terms for Nellie Analytics to provide sports analytics and quantitative modelling services to complement PointsBet’s existing capabilities and accelerate the technology roadmap.
or a deep-pocketed US options-trading billionaire buying in.
• PointsBet has welcomed a significant equity investment from SIG Sports Investments Corp., a member of the Susquehanna International Group of Companies. SIG is one of the largest proprietary financial trading firms in the world.
• The placement of 38,750,000 shares at A$2.43 per share, raises A$94.16 million and represents a 15% premium to the 5-day VWAP to 17 June 2022.
• SIG Sports will become PointsBet’s largest shareholder representing 12.8% of the Company’s issued capital following issuance.
• Further, PointsBet Europe Holdings Limited and Nellie Analytics Limited, a member of SIG, have entered into an agreement to scope and develop the terms for Nellie Analytics to provide sports analytics and quantitative modelling services to complement PointsBet’s existing capabilities and accelerate the technology roadmap.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
