TSXV:RABI.H - Post by User
Post by
Loonyon Mar 15, 2024 10:22pm
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Post# 35936165
PlayUp 3rd Time a Charm?
PlayUp 3rd Time a Charm?https://www.legalsportsreport.com/123932/ceo-playup-us-being-bought-rightsized-by-listed-company/
PlayUp has not had a smooth US sports betting experience so far, as it searched for a steady stream of cash.
There were claims that then-US CEO Laila Mintas sabotaged the transaction with FTX. Mintas later asserted in court filings that one of the reasons FTX was not moving forward with the deal was that she would not remain with the company.
PlayUp came close to selling again in 2022, this time by a SPAC that would take the brand public at a $350 million valuation.
The company missed deadlines to provide pertinent financial information, though, and the reverse takeover was eventually canceled.
#3?
https://www.stockwatch.com/News/Item/Z-C!RABI-3524066/C/RABI