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Jackpot Digital ( (TSE:JJ) ) has issued an announcement.
Jackpot Digital Inc. has completed an asset purchase agreement with 52 Gaming Inc., issuing 3,000,000 common shares and 2,000,000 share purchase warrants to settle its royalty payment obligations. This transaction enhances Jackpot’s financial position by eliminating these obligations, potentially strengthening its market presence in the electronic gaming industry.
More about Jackpot Digital
Jackpot Digital Inc. is a leading developer and provider of electronic gaming solutions, specializing in electronic table games and casino systems. The company designs, manufactures, and supplies innovative gaming technologies, including the flagship Jackpot Blitz® electronic table games, installed in numerous gaming establishments worldwide.
YTD Price Performance: 0.0%
Average Trading Volume: 61,036
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$11.17M
For detailed information about JJ stock, go to TipRanks’ Stock Analysis page.