08:22 AM EDT, 06/23/2026 (MT Newswires) -- Bragg Gaming Group ( BRAG ) closed its non-brokered private placement of 751,445 subscription receipts at US$1.73 apiece for about US$1.3 million, it said late Monday.

The company said the issue price was based on the Nasdaq closing price of its shares on May 29. The subscription receipts and proceeds remain subject to escrow release conditions.

Chief Financial Officer Robbie Bressler, Chief Operating Officer Morten Tonnesen and director Thomas Winter, subscribed for 86,704 receipts, 57,803 receipts, and 57,803 receipts, respectively. Gaming entrepreneur Matt Davey subscribed for 115,607 receipts, it said.

Proceeds will primarily be used for general corporate and working capital needs.

Shares of the company closed up 0.8% to C$2.41 on Monday on the Toronto Stock Exchange.