All of the shares will be offered by the company
Progressive Gaming announces proposed public stock offering
2007-11-09
Reading time 21 seg
In connection with the offering, the company also plans to grant the underwriter a 30-day option to purchase up to 1,350,000 additional shares of its common stock to cover over-allotments, if any. All of the shares will be offered by the company.
Progressive Gaming International Corporation intends to use proceeds from the proposed public offering to repay debt, in particular to repay us$ 10 million outstanding under its Senior Credit Facility and to fund its us$ 15 million pending redemption of its 11.875% Senior Notes and for general corporate purposes.
Leave your comment
RELATED NEWS
States seek control over sports contracts
State attorneys general push for local control over sports prediction markets
Legal clash over federal and state authority
Massachusetts high court signals skepticism in Kalshi sports contracts case
To promote safe and responsible betting
FanDuel names sports broadcaster Erin Andrews as Responsible Gaming Ambassador
COMPANIES
Brings more than 20 years of experience
Zitro Digital appoints Thiago Valadão as Commercial Director for Brazil
New Event Content & Production Manager
HIPTHER appoints Elena Stepanyatova to lead event content and production across conference portfolio
China and digital growth lift quarterly revenue
MGM Resorts posts record first-quarter revenue as profit slips on weaker margins
Also participatedin SBC Summit Malta
CT Interactive expands portfolio, boosts Bulgaria presence in April
NYCE Marketplace
Partnership expansion
Racing and Sports partners with Altenar to enhance global racing offering
Upcoming Philippines casino resort
IDX selected to power 250 gaming tables with X-Trend system at the Westside Resort
LATEST NEWS
ONLINE GAMING
LEGISLATION
SPORTS BETTING
EVENTS
Covers product, slots, and branding
Wazdan earns triple nominations at AffPapa iGaming Awards 2026 for excellence in slots and branding
European circuit expands
PokerStars adds Prague and Aix-en-Provence, France to 2026 live schedule
EVENTS CALENDAR
Highlighted
Affpapa Conference Madrid 2026
Highlighted
MAC Affiliate Conference 2026
Highlighted
SBC Summit Americas 2026
JUN 9th 26 / JUN 11th 26
Live Event Broward County Convention Center, Fort Lauderdale, Florida
Highlighted
PGS 2026
Highlighted
SBC Summit 2026
Highlighted
