---
title: "Bragg Gaming closes US$ 1.3 million private placement of 751,445 subscription receipts at US$ 1.73 each"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291180736.md"
description: "Bragg Gaming Group closed a non-brokered private placement of 751,445 subscription receipts at USD 1.73 each, raising approximately USD 1.3 million. Proceeds are for general corporate purposes and working capital. Receipts convert into shares plus warrants exercisable at USD 2.16, with proceeds escrowed pending conditions related to the planned acquisition of Drayton International."
datetime: "2026-06-29T18:54:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291180736.md)
  - [en](https://longbridge.com/en/news/291180736.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291180736.md)
---

# Bragg Gaming closes US$ 1.3 million private placement of 751,445 subscription receipts at US$ 1.73 each

-   Bragg Gaming Group closed a non-brokered private placement of 751,445 subscription receipts at USD 1.73 each, raising about USD 1.3 million. \* Escrowed proceeds hinge on conditions tied to its planned acquisition of Drayton International; receipts convert into one share plus one non-transferable warrant. \* Warrants run for 36 months from the transaction close, exercisable at USD 2.16 per share, with an acceleration feature if TSX VWAP clears a 25% premium. \* Proceeds earmarked mainly for general corporate purposes and working capital; securities carry a four-month Canadian hold and US Rule 144 resale limits. 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: 0001104659-26-078764), on June 29, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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