{"id":3805,"date":"2021-04-05T20:10:10","date_gmt":"2021-04-06T00:10:10","guid":{"rendered":"https:\/\/www.millerthomson.com\/deals-cases\/playmaker-closes-24-million-subscription-receipt-financing\/"},"modified":"2026-01-20T18:02:36","modified_gmt":"2026-01-20T23:02:36","slug":"playmaker-closes-24-million-subscription-receipt-financing","status":"publish","type":"deals-cases","link":"https:\/\/www.millerthomson.com\/en\/deals-cases\/playmaker-closes-24-million-subscription-receipt-financing\/","title":{"rendered":"Playmaker closes $24 million subscription receipt financing"},"content":{"rendered":"<p>On April 5, 2021, Playmaker Capital Inc. (\u201cPlaymaker\u201d) announced the completion of its brokered and non-brokered private placement financing of subscription receipts (the \u201cSubscription Receipts\u201d) for aggregate gross proceeds of $24,000,000 (the \u201cOffering\u201d).<\/p>\n<p>The Offering was comprised of a brokered offering of 32,360,000 Subscription Receipts for gross proceeds of $16,180,000, which was led by Canaccord Genuity Corp. (the \u201cLead Agent\u201d), together with Echelon Wealth Partners Inc., Eight Capital, PI Financial Corp. and Scotia Capital Inc. (collectively with the Lead Agent, the \u201cAgents\u201d), and a non-brokered offering of 15,640,000 Subscription Receipts for gross proceeds of $7,820,000. In connection with the Offering, Playmaker granted to the Agents an option (the \u201cAgents\u2019 Option\u201d) to increase the size of the brokered portion of the Offering by up to an additional 10,000,000 Subscription Receipts at the issue price, for additional gross proceeds to Playmaker of up to $5,000,000. The Agents\u2019 Option was exercised concurrent with closing of the Offering.<\/p>\n<p>Playmaker is a digital sports media company that lives at the intersection of sports, gambling, media and technology.<\/p>\n<p>Miller Thomson advised the Lead Agent in the Offering with a team led by Lawrence Wilder, and comprised of Jonathan Tong, Abid Ahmed, Brandon Meyer (Capital Markets &amp; Securities), and Madison Derraugh (Student).<\/p>\n","protected":false},"author":1,"template":"","class_list":["post-3805","deals-cases","type-deals-cases","status-publish","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Playmaker closes $24 million subscription receipt financing | Miller Thomson<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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