Gaming Realms raises £2.5m through share subscription
| By iGB Editorial Team
Gaming Realms has raised approximately £2.5 million (€3 million/$3.3 million) through a subscription of 12,500,000 new ordinary shares.
Gaming Realms has raised approximately £2.5 million (€3 million/$3.3 million) through a subscription of 12,500,000 new ordinary shares.
The shares were offered at between 10 to 20 pence each.
The total share count will represent 4.56% of the firm’s enlarged share capital.
Proceeds will be used to help fund the company’s first deferred consideration due to RealNetworks of $4 million, following the its acquisition of various assets from the firm in August 2015.
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