Toronto-listed Breaking Data Corp is looking to raise CAD$12m through a private placement of its subscription receipts to finance the acquisition of iGaming platform provider Oryx Gaming.
Breaking Data, owner of UK sports publisher GiveMeSport, has engaged New York-based investment firm Eight Capital to act as lead agent and sole bookrunner in connection with the private placement.
This is expected to be priced at $0.51 per subscription receipt, subject to approval by Toronto’s TSX Venture Exchange, raising gross proceeds [...]
