TechFlow news, October 16 — According to an official announcement, SharpLink Gaming (Nasdaq: $SBET) announced the issuance of shares at $17 per share (a 12% premium to the market price), successfully raising $76.5 million. The company also innovatively introduced a 90-day premium purchase contract, which could raise approximately $79 million more at $17.50 per share (a 19% premium), a first-of-its-kind in the DAT ecosystem. SharpLink stated that the funds raised will be directly used to increase the ETH value per share, further driving $SBET momentum and ETH accumulation.
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