GAN Limited Announces Launch of its U.S. Initial Public Offering
GAN Limited (the Company or GAN) today announced the launch of its initial public offering in the United States of 4,055,000 ordinary shares pursuant to a registration statement filed with the Securities and Exchange Commission (SEC).
- GAN Limited (the Company or GAN) today announced the launch of its initial public offering in the United States of 4,055,000 ordinary shares pursuant to a registration statement filed with the Securities and Exchange Commission (SEC).
- GAN has applied to have its ordinary shares approved for listing on The Nasdaq Capital Market under the symbol GAN.
- Prior to this offering, the ordinary shares of GAN plc have traded on AIM, a market operated by the London Stock Exchange plc (AIM), under the symbol GAN.
- In connection with this offering, GAN will affect a reorganization and share exchange in which GAN plc will become a wholly-owned subsidiary of GAN Limited, the ordinary shares of GAN plc will no longer trade on AIM, and the former shareholders of GAN plc will receive one ordinary share of GAN Limited for every four ordinary shares of GAN plc and an aggregate of 2 million in cash.