- SportsHero (SHO) has entered a mandate with Veritas Securities to raise more than $1.3 million for working capital
- In accordance with the mandate, the company will issue 53.5 million shares to sophisticated and professional investors at 2.5 cents
- Subject to shareholder approval, participants will also receive one free attaching option for every two shares subscribed for
- These attaching options will be exercisable at 5 cents each with expiry on December 16, 2022
- Olahbola dedicated to international and Indonesian football fans who follow other leagues such as the English Premier League
- SportsHero is up 7.14 per cent with shares currently trading for 3 cents each
