Score Media and Gaming, which already trades on the Toronto Stock Exchange under the symbol SCR, will offer five million Class A shares in Canada and the U.S., where it has applied to list the shares on the Nasdaq Global Select Market. Morgan Stanley, Credit Suisse Securities, Canaccord Genuity and Macquarie Capital are underwriting the offering. (The Logic)
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Score Media and Gaming, which already trades on the Toronto Stock Exchange under the symbol SCR, will offer five million Class A shares in Canada and the U.S., where it has applied to list the shares on the Nasdaq Global Select Market. Morgan Stanley, Credit Suisse Securities, Canaccord Genuity and Macquarie Capital are underwriting the offering. (The Logic)
Talking point: The pricing has not yet been revealed, but theScore said it plans to use the money to fund growth and expansion in the U.S. and Canada, among other things. TheScore’s shares on the TSX rose nearly nine per cent Tuesday, reaching an intraday high of $41.97, before closing down about two per cent.
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