Inspired Announces Closing Of Public Offering
NEW YORK, June 1, 2021 /PRNewswire/ -- Inspired Entertainment, Inc. ("Inspired") (NASDAQ: INSE) announced today the closing of an underwritten public offering by The Landgame Trust (Evan Davis, Trustee) (the "Selling Stockholder") of 5,406,633 shares of its common stock at a price to the public of $9.25 per share. The Selling Stockholder also granted the underwriters an option to purchase up to an additional 810,995 shares at the public offering price, less underwriting discounts and commissions, which was exercised in full by the underwriters on May 26, 2021. The closing for the additional shares also occurred on the date hereof.
Inspired did not issue or sell any shares of common stock in the offering and did not receive any proceeds from the sale of the shares of common stock sold by the Selling Stockholder.
B. Riley Securities and Macquarie Capital acted as the bookrunners for the offering, and Craig-Hallum, Roth Capital Partners and Union Gaming acted as co-managers.
Registration statements (including amendments thereto) relating to these securities have been filed with, and declared effective by, the Securities and Exchange Commission ("SEC") (SEC File Nos. 333-217215 and 333-256175). The offering was made only by means of a prospectus supplement and accompanying prospectus. You may obtain a copy of the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus related to the offering for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus may be obtained from B. Riley Securities, Inc., 1300 17th Street North, Suite 1300, Arlington, Virginia 22209, email: prospectuses@brileyfin.com, telephone: (800) 903-3268.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
Inspired did not issue or sell any shares of common stock in the offering and did not receive any proceeds from the sale of the shares of common stock sold by the Selling Stockholder.
B. Riley Securities and Macquarie Capital acted as the bookrunners for the offering, and Craig-Hallum, Roth Capital Partners and Union Gaming acted as co-managers.
Registration statements (including amendments thereto) relating to these securities have been filed with, and declared effective by, the Securities and Exchange Commission ("SEC") (SEC File Nos. 333-217215 and 333-256175). The offering was made only by means of a prospectus supplement and accompanying prospectus. You may obtain a copy of the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus related to the offering for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, copies of the preliminary prospectus supplement, the final prospectus supplement and the accompanying prospectus may be obtained from B. Riley Securities, Inc., 1300 17th Street North, Suite 1300, Arlington, Virginia 22209, email: prospectuses@brileyfin.com, telephone: (800) 903-3268.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there by any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction.
