other material
confidence high
sentiment positive
materiality 0.65
Apple iSports secures up to $25M equity facility from LDA Capital for acquisitions and growth
Apple iSports Group, Inc.
- 3-year common stock purchase facility up to $25M, with option to increase to $50M, from LDA Capital Group.
- Funds to be used for working capital, growth, and to support the acquisition of LBC Enterprises Pty Ltd.
- Facility subject to draw down conditions; Board of Directors unanimously approved.
- Company intends to use the facility to proceed with potential uplisting to a national exchange.