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1971

Re: 1971 post# 2203245

Monday, 04/05/2021 8:54:53 AM

Monday, April 05, 2021 8:54:53 AM

Post# of 2341756
$ZKIN - ZK International Enters iGaming With Series A Investment Up To $50 Million In Carousel Group To Launch MaximBet

ZK International Group Co., Ltd. (Nasdaq: ZKIN) ("ZKIN", "ZK International") is pleased to announce that it has led a $50M Series A funding round in CG Malta Holding Limited ("CGM"), a rapidly-growing, privately-held multi-state and globally licensed sports betting and casino operator, to launch MaximBet.com. MaximBet is a strategic partnership with Maxim, the renowned media brand and CGM.

The Company's investment in CGM will total $50 Million through two closings. The first closing occurred today in which the Company has acquired a 12% interest for the purchase price of $15,000,000. The second closing anticipated to occur within the second quarter, will result in the Company acquiring an additional 13% for the purchase price of $35,000,000. Upon completion of the two closings, the Company will own a total interest of 25% in MaximBet.


https://ih.advfn.com/stock-market/NASDAQ/zk-ZKIN/stock-news/84748131/zk-international-enters-igaming-with-series-a-inve

Everything stated in this message is to be considered my own opinion. Actual mileage may vary. Price doesn't include tax, title, and license. Some assembly required. Each sold separately. Batteries not included. If condition persists, consult a doctor!

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