Sharplink Signs $75 Million Stock Purchase Agreement With Institutional Buyer

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Sharplink Inc. finalized a securities purchase agreement with an institutional buyer for over 10 million common shares at $7.49 per share, a 41% premium to its June 18 closing price. The deal includes warrants exercisable at $8.15 per share with a four-year term. The registered direct offering was expected to close around June 23, generating gross proceeds of $75 million. The company plans to use the funds for working capital, general expenses, future ETH acquisitions, and share buybacks.

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Sharplink Gaming Ltd
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Company signs $75M stock purchase agreement at premium, providing working capital and share buyback funds.

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