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Jackpot Digital Updates Warrant Price for Private Placement

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Jackpot Digital Updates Warrant Price for Private Placement

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Jackpot Digital ( (TSE:JJ) ) has issued an announcement.

Jackpot Digital Inc. has announced an update to the warrant price for its private placement financing, aiming to raise $1,350,000 through the issuance of 15,000,000 units at $0.09 per unit. Each warrant will be exercisable at $0.14 per common share for five years from the closing date, with the funds directed towards general working capital. This move, pending Exchange approval, could enhance Jackpot Digital’s financial flexibility and strengthen its market position in the casino industry.

More about Jackpot Digital

Jackpot Digital Inc. is a prominent player in the casino industry, specializing in the production of dealerless multiplayer electronic poker tables. The company serves both the cruise ship and land-based regulated casino sectors, offering a comprehensive suite of backend tools for casino operators to optimize their poker operations.

Average Trading Volume: 107,803

Technical Sentiment Signal: Buy

Current Market Cap: C$29.28M

See more data about JJ stock on TipRanks’ Stock Analysis page.

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