other material
confidence high
sentiment neutral
materiality 0.65
Good Gaming raises $3.1M in private placement of common stock and warrants to fund MicroBuddies
GOOD GAMING, INC.
- Gross proceeds of ~$3.1M from sale of 20.7M common stock (or equivalents) and 20.7M warrants.
- Combined purchase price per unit: $0.15 per share plus warrant to buy one share at $0.20 for 5.5 years.
- Proceeds primarily to expand and promote MicroBuddies blockchain NFT game and for working capital.
- Placement agent H.C. Wainwright; closing expected on or about Nov 16, 2021.
- Company must file resale registration statement within 15 days, effective within 60-90 days.