Canaccord Genuity acts as Nomad, Sole Bookrunner andSole Broker to Gfinity plc on its £3 million Placing to fund theacquisition of Megit Limited.
Canaccord Genuity’s Corporate Broking team is pleased toannounce it has acted as Nomad, Sole Bookrunner and SoleBroker on a £3 million placing and retail offering (the “Fundraise”)for Gfinity plc (“Gfinity” or “Company”) to fund the acquisition ofMegit Limited.
Gfinity (LSE: GFIN) is a world leading esports business thatconnects its partners with the esports community in authentic andinnovative ways. This consists of on- and off-line competitions and industry leading contentproduction. Relationships include EA SPORTS, Activision Blizzard, F1 Esports Series and the ForzaRacing Championship.
Megit Limited owns and operates the website Stock Informer which has become established as anauthority on the availability of hard to secure products, with an emphasis on technology and gamingequipment. Stock Informer’s technology analyses sites for particular products and when theseproducts become available. Once available, any customer who has registered for notifications isnotified of the product’s availability and can click through to buy it direct from the retailer.