Jackpot Digital (TSE:JJ) has released an update.
Jackpot Digital Inc. successfully completed the first tranche of convertible debenture financing, raising Cdn$3.17 million to fund obligations, production costs, licensing fees, and general working capital. Due to high investor interest, the company expanded the financing by an additional Cdn$3 million, which could allow for early debt repayment or boost production of their innovative Jackpot Blitz® tables. Jackpot Digital is recognized for revolutionizing the casino industry with its dealerless electronic poker tables.
For further insights into TSE:JJ stock, check out TipRanks’ Stock Analysis page.
