• SPP raised $1.2M, exceeding the initial $1M target
• Funds will be used to repay debt, fund content/access agreements, and potential strategic acquisition
• Shares issued under the SPP will rank equally with existing shares

BetMakers Technology Group Ltd (ASX:BET) has announced the successful completion of its share purchase plan (SPP) following the closing of applications on 1 July 2025. The SPP, which initially sought to raise up to $1,000,000, was strongly supported by eligible shareholders, with BetMakers receiving valid applications totalling $1,202,500 at an issue price of $0.10 per fully paid ordinary share. In accordance with the terms of the SPP, the Company has determined to accept oversubscriptions and increase the SPP size from $1,000,000 to $1,200,000. A total of 12,000,000 shares will be allotted and issued under the SPP, which will rank equally in all respects with BetMakers' existing ordinary shares. The funds received from the SPP, together with the recently announced $12.5 million institutional placement, will be used to repay all outstanding debt, fund content and access agreements, including payments in relation to New Jersey Fixed Odds, fund the potential strategic acquisition of Las Vegas Dissemination Company, and improve financial flexibility and working capital. BetMakers has thanked shareholders for their strong support of the Company through the SPP.