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BetMakers Technology Group Completes Share Issuance and Incentive Conversion

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BetMakers Technology Group Completes Share Issuance and Incentive Conversion

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An update from Betmakers Technology Group ( (AU:BET) ) is now available.

BetMakers Technology Group announced the successful issuance and allotment of 10 million fully paid ordinary shares, raising A$1 million, with the shares subscribed by Tekkorp Holdings LLC. Additionally, the company converted performance rights into shares as part of its Long-Term Incentive Plan, indicating a strategic move to strengthen its financial position and incentivize performance, potentially impacting its market standing and stakeholder interests.

The most recent analyst rating on (AU:BET) stock is a Buy with a A$0.26 price target. To see the full list of analyst forecasts on Betmakers Technology Group stock, see the AU:BET Stock Forecast page.

More about Betmakers Technology Group

BetMakers Technology Group is a company operating in the technology sector, focusing on providing solutions for the betting industry. The company is involved in developing and offering innovative products and services that cater to the needs of stakeholders in the betting market.

Average Trading Volume: 1,553,072

Technical Sentiment Signal: Hold

Current Market Cap: A$182.7M

Find detailed analytics on BET stock on TipRanks’ Stock Analysis page.

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