Latest Breaking News On - Monaker group - Page 5 : comparemela.com

Monaker Group, Inc. (NASDAQ: MKGI), an innovative technology company,  announced today that, due to demand, the underwriters have agreed to increase the size of its previously announced offering and purchase on a firm commitment basis 3,080,000 shares of common stock of the Company, at a price to the public of $2.50 per share (the “Public Price”). The closing of the offering is expected to occur on or about December 31, 2020, subject to customary closing conditions. Kingswood Capital Markets, division of Benchmark Investments, Inc. and Aegis Capital Corp. are acting as the book-running managers for the offering. The Company also has granted to the underwriters a 45-day option to purchase up to 15% of the offering at the Public Price. The gross proceeds to the Company before deducting underwriting discounts and commissions and estimated offering expenses and assuming no exercise of the option to purchase additional shares of common stock, are expected to be approximately $7.7

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