MEGPlay Logo

Heroic’s crucial $1 million fundraise buys time, but CS:GO org still faces financial hurdles

Dot Esports LogoDot Esports1y ago

Heroic’s crucial $1 million fundraise buys time, but CS:GO org still faces financial hurdles - Dot Esports

Story Highlights:

The organization called for an extraordinary general meeting to raise between NOK 12 million (around $1.14 million) and NOK 20 million (around $1.9 million) at NOK 2 (around $0.19) per share last week but stumbled upon an “insufficient interest of subscribers” willing to buy Heroic’s shares at that time.

Heroic, a Norwegian esports organization that houses one of the best CS:GO teams in the world, has found enough investors willing to acquire 10 million shares at NOK 1 (around $0.095), according to the latest shareholders’ update on the platform Euronext NOTC yesterday, and has raised the nearly $1 million necessary to keep operations running for now.


More Pictures


News Information

Written By:

Category:

Games Mentioned:

Tags:


Date Published: 29 Mar, 2023 (1 years ago)

Publish Time: 1:41 PM (GMT +8:00)

Language: English

Story Length: 112 words

Reading Time: 1 minutes read

Attachments: 1 Pictures


Story Rating: Rated #114 (out of 156 stories this day)

Estimated Value: $0.00


News Source URL: dotesports.com

Copyright: © Dot Esports

Story ID: #531824

Load Full Analysis

MEGPlay is the place for everything Esports and Gaming. Stay updated with the latest news and join our global community of gamers, streamers, esports teams, and more.

Copyright © 2019 - 2024 MEGPlay. All Rights Reserved. Content and imagery belong to their respective owners.