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Betr Entertainment Launches Retail Entitlement Offer

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BlueBet Holdings Ltd. ( (AU:BBT) ) just unveiled an update.

Betr Entertainment Limited, listed on the Australian Securities Exchange as ASX:BBT, has announced the opening of its retail entitlement offer. The offer is a 1 for 2.59 accelerated pro-rata non-renounceable entitlement offer, fully underwritten, with an offer price of $0.32 per new share. The retail component of this offer is now open and will close on 20 May 2025. This move is part of betr’s strategy to raise capital, potentially impacting its market position and providing stakeholders with an opportunity to increase their investment in the company.

More about BlueBet Holdings Ltd.

YTD Price Performance: 6.67%

Average Trading Volume: 421,496

Technical Sentiment Signal: Hold

Current Market Cap: A$198.1M

Learn more about BBT stock on TipRanks’ Stock Analysis page.

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