Gambling.com Group Limited (Nasdaq: GAMB) (“Gambling.com Group”
or the “Company”) today announced the closing of an underwritten
secondary offering of 4,887,500 of its ordinary shares, which
included the exercise in full by the underwriters of their option
to purchase an additional 637,500 shares, by Edison Partners IX,
LP, Mark Blandford and Gerard J. Hall (collectively, the “Selling
Shareholders”) at a public offering price of $9.25 per ordinary
share. The offering consisted entirely of the Company’s ordinary
shares sold by the Selling Shareholders and did not change the
number of the Company’s shares that are outstanding. The Company
did not receive any proceeds from the sale of the ordinary shares
by the Selling Shareholders.
Jefferies and Stifel acted as joint lead book-running managers
for the offering. B. Riley Securities, BTIG and Craig-Hallum also
acted as book-running managers for the offering.
The ordinary shares in this offering were offered pursuant to a
shelf registration statement on Form F-3 filed by the Company with
the Securities and Exchange Commission (“SEC”) on May 18, 2023 and
declared effective on May 26, 2023. A prospectus supplement and
accompanying prospectus relating to and describing the terms of the
offering was filed with the SEC and is available on the SEC’s
website at www.sec.gov. Copies of the prospectus supplement and
accompanying prospectus relating to the offering may also be
obtained, when available, from: Jefferies LLC, Attn: Equity
Syndicate Prospectus Department, 520 Madison Avenue, New York, NY
10022, by phone at (877) 821-7388, or by email at
Prospectus_Department@Jefferies.com; Stifel, Nicolaus &
Company, Incorporated, One South Street, 15th Floor, Baltimore,
Maryland 21202; Attention: Syndicate Department, telephone: (855)
300-7136, email: syndprospectus@stifel.com; or by accessing the
SEC’s website at www.sec.gov.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction. Any offers, solicitations or offers to buy,
or any sales of securities will be made in accordance with the
registration requirements of the Securities Act of 1933, as
amended.
About Gambling.com Group Limited
Gambling.com Group Limited (Nasdaq: GAMB) (the “Group”) is a
multi-award-winning performance marketing company and a leading
provider of digital marketing services active in the online
gambling industry. Founded in 2006, the Group has offices globally,
primarily operating in the United States and Ireland. Through its
proprietary technology platform, the Group publishes a portfolio of
premier branded websites including Gambling.com, Bookies.com and
RotoWire.com. Gambling.com Group owns and operates more than 50
websites in seven languages across 15 national markets covering all
aspects of the online gambling industry, including iGaming and
sports betting, and the fantasy sports industry.
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995, that relate to our
current expectations and views of future events. All statements
other than statements of historical facts contained in this press
release, including statements regarding the completion of the
proposed offering, are forward-looking statements. These statements
represent our opinions, expectations, beliefs, intentions,
estimates or strategies regarding the future, which may not be
realized. In some cases, you can identify forward-looking
statements by terms such as “believe,” “may,” “estimate,”
“continue,” “anticipate,” “intend,” “should,” “plan,” “expect,”
“predict,” “potential,” “could,” “will,” “would,” “ongoing,”
“future” or the negative of these terms or other similar
expressions that are intended to identify forward-looking
statements, although not all forward-looking statements contain
these identifying words. Forward-looking statements are based
largely on our current expectations and projections about future
events and financial trends that we believe may affect our
financial condition, results of operations, business strategy,
short-term and long-term business operations and objectives and
financial needs. These forward-looking statements involve known and
unknown risks, uncertainties, contingencies, changes in
circumstances that are difficult to predict and other important
factors that may cause our actual results, performance or
achievements to be materially and/or significantly different from
any future results, performance or achievements expressed or
implied by the forward-looking statement. These risks,
uncertainties, contingencies, and changes in circumstances relate,
among other things, to fluctuations in the Company’s share price,
changes in market conditions and satisfaction of customary closing
conditions related to the proposed public offering. Our actual
results, performance, or achievements, including our ability to
conduct and complete a public offering of our ordinary shares held
by selling shareholders on terms acceptable to us or our selling
shareholders or at all, could differ materially from those
expressed or implied by the forward-looking statements as a result
of a number of factors. Such factors include the uncertainties,
contingencies, and changes in circumstances discussed under “Item
3. Key Information - Risk Factors” in our annual report on Form
20-F for the year ended December 31, 2022, filed with the US
Securities and Exchange Commission (the “SEC”) on March 23, 2023,
and our other filings with the SEC as such factors may be updated
from time to time. Any forward-looking statements contained in this
press release speak only as of the date hereof and accordingly
undue reliance should not be placed on such statements.
Gambling.com Group disclaims any obligation or undertaking to
update or revise any forward-looking statements contained in this
press release, whether as a result of new information, future
events or otherwise, other than to the extent required by
applicable law.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230620208828/en/
Investors: Peter McGough, Gambling.com Group,
investors@gdcgroup.com Richard Land, Norberto Aja, JCIR,
GAMB@jcir.com
Media: Jennifer Arapoff, Gambling.com Group,
media@gdcgroup.com
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