• $1M capital raise via share purchase plan
• Offer open to eligible shareholders at $0.10 per share
• Funds to be used for debt repayment, new content agreements, and strategic acquisition

BetMakers Technology Group Ltd has announced the launch of a $1 million share purchase plan (SPP) for eligible shareholders. The SPP offer will allow eligible shareholders to purchase new BetMakers shares at $0.10 per share, which represents a 9.9% discount to the 10-day volume weighted average price prior to the announcement. The funds raised under the SPP, along with a recent successful placement to institutional and sophisticated investors, will be used to repay all outstanding debt, fund content and access agreements, including payments in relation to new Jersey Fixed Odds, fund the proposed strategic acquisition of Las Vegas Dissemination Company, and improve the financial flexibility and working capital of the company. The SPP offer opens on 17 June 2025 and closes on 1 July 2025, with the new shares expected to commence trading on 9 July 2025. Eligible shareholders can apply for a minimum of $2,500 and a maximum of $30,000 worth of new shares.

BetMakers is targeting to raise up to $1,000,000 under the share purchase plan, which will be used to repay debt, fund new content agreements, and finance a strategic acquisition.