Bragg Gaming to buy Drayton International in US$9 million all-share deal - BRAG News | RalliesBragg Gaming to buy Drayton International in US$9 million all-share deal
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BRAG• Bragg Gaming agrees to acquire Drayton International
- Bragg Gaming agreed to acquire Drayton International, making Drayton a wholly owned subsidiary.
- Deal value set at USD 9 million, paid entirely in 4,500,000 newly issued Bragg common shares at a deemed USD 2 price.
- Closing expected five business days after conditions are met or waived, subject to a long-stop date of Nov. 10, 2026.
- Bragg plans to appoint Matthew Davey as non-executive chairman at closing.
- Most sellers face a 24-month lock-up with staged releases; 500,000 shares held by Tekkorp Consolidated unlock after four months.
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