Articles from Mobile Global Esports

SAN CLEMENTE, CA and GOREGAON EAST, MUMBAI, INDIA / ACCESSWIRE / July 28, 2022 / (NASDAQMGAM) Mobile Global Esports Inc. ("MOGO" or "the Company"), a mobile esports company with an esports and social platform that includes proprietary compression technology, as well as holding trademark and IP rights for collegiate esports tournaments and players in India, today announced the pricing of its initial public offering of 1,500,000 common shares at a public offering price of $4.00 per share, for gross proceeds of approximately $6.0 million before deducting offering expenses. In addition, the Company has granted the Underwriters a 30 day over-allotment option to purchase an additional 15% or 225,000 shares.