---
title: "Bragg Gaming prices up to US$ 1.3 million private placement at US$ 1.73 per subscription receipt"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290867479.md"
description: "Bragg Gaming Group announced a non-brokered private placement of up to 751,445 subscription receipts at $1.73 each, raising up to $1.3 million. Each receipt converts into one common share and one warrant upon meeting escrow release conditions related to the Drayton International acquisition. Warrants have a 36-month term with an exercise price of $2.16. Insiders plan to participate, with Matt Davey targeting ~10% ownership. Proceeds are for general corporate purposes."
datetime: "2026-06-25T18:18:34.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290867479.md)
  - [en](https://longbridge.com/en/news/290867479.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290867479.md)
---

# Bragg Gaming prices up to US$ 1.3 million private placement at US$ 1.73 per subscription receipt

-   Bragg Gaming Group announced a non-brokered private placement of up to 751,445 subscription receipts at USD 1.73 each for up to USD 1.3 million. \* Each subscription receipt converts into 1 common share, 1 non-transferable warrant once escrow release conditions tied to the Drayton International acquisition are met. \* Warrants carry a 36-month term, exercise price of USD 2.16, with an acceleration feature if TSX VWAP reaches 125% of the strike for 15 days. \* Closing is expected on or about June 19, 2026; proceeds earmarked for general corporate purposes. \* Insiders plan to participate; Matt Davey intends to subscribe for up to 115,607 subscription receipts, targeting about 10% ownership post-deal. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bragg Gaming Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-077687), on June 25, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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