Brag House Holdings, Inc. announced a private investment in public equity (“PIPE”) financing, expecting to raise around $15 million. The funds will be used for general corporate purposes, including working capital. The financing involves selling 15,000 shares of Series B Convertible Preferred Stock and warrants to acquire up to 15,923,567 shares of common stock. Revere Securities LLC served as the sole placement agent for the transaction. The securities offered have not been registered under the Securities Act of 1933 and are only available to accredited investors. Brag House aims to revolutionize college gaming with its media technology platform.
Read more at GlobeNewswire: Brag House Announces $15 Million Private Placement
