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Benzinga

Business

Dylan Berman

SharpLink Stock Is Trading Higher Monday: What's Going On?

benzingaai2023_stock_market_trading_setup_close_up_of_multipl_9ea2f44f-9171-417b-a64e-58bbbd995de1_0

SharpLink Gaming, Inc. (NASDAQ:SBET) shares are volatile Monday after the company entered into securities purchase agreements with five global institutional investors.

What To Know: The $400 million registered direct offering was priced at $21.76 per share and is expected to generate gross proceeds of approximately $400 million before deducting placement agent commissions and other expenses.

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