As it is imminently preparing for listing in a TSX Venture Exchange, Luckbox confirmed that a successful funding round generated CAD 3.8 million ($2.8 million USD). The esports betting bookmaker met its hopes by reporting that its initial funding round of CAD$2-3 million has been oversubscribed by investors.
Last month, Luckbox announced that it has Elephant Hill Capital’s TSX fund and “capital pool” advisor to plan its IPO in Summer 2020, which it will float on the TSX Venture Exchange – Toronto’s fast-growing, small-to-medium-sized business market.
Luckbox confirmed satisfying investor interest to host a further round of funding concluded by Gravitas Inc.