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1971

03/29/21 12:23 PM

#2203344 RE: 1971 #2203245

ZKIN 100-day average volume is 3,288,080 shares with 100% of the long-term indicators pointing towards Buy for the stock.

1971

04/05/21 8:54 AM

#2205143 RE: 1971 #2203245

$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