Bragg Gaming Group (BRAG) details Rule 506(b) offering with warrants
Filing Impact
Filing Sentiment
Form Type
D
Rhea-AI Filing Summary
Bragg Gaming Group Inc., a Canadian corporation, is conducting an exempt securities offering under Regulation D Rule 506(b). The company reports $449,999 USD in securities sold and an additional $561,848 USD representing the maximum potential exercise price of related warrants.
The offering includes equity, options or warrants, and securities issuable upon exercise, as well as subscription receipts exchangeable for one common share and one common share purchase warrant. Each warrant is exercisable for one common share at $2.16 for 36 months. This is a new notice, with the first sale on 2026-06-22, and disclosed finders’ fees are $0 USD.
Positive
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Negative
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Key Figures
Total Amount Sold: $449,999 USD
Total Remaining to be Sold: $561,848 USD
Warrant Exercise Price: $2.16
+3 more
6 metrics
Total Amount Sold
$449,999 USD
Securities sold in the exempt offering
Total Remaining to be Sold
$561,848 USD
Maximum potential exercise price of warrants
Warrant Exercise Price
$2.16
Each warrant exercisable for one common share at this price
Warrant Term
36 months
Duration each warrant is exercisable
Date of First Sale
2026-06-22
First sale in the exempt offering
Finders’ Fees
$0 USD
Finder’s fees disclosed for the offering
Key Terms
Form D, Rule 506(b), subscription receipts, Regulation D exemption, +2 more
6 terms
Form D regulatory
"FORM D Notice of Exempt Offering of Securities"
Form D is a short notice filed with the U.S. Securities and Exchange Commission when a company raises money using a private offering exemption instead of a full public registration. Think of it as a public receipt that lists basic facts about the fundraiser—amount sought, how much has been sold, and who the issuer is—without the full audited disclosures of a public offering. Investors use it to spot private financings, assess potential dilution or fundraising activity, and find contact information, but it is not a substitute for detailed due diligence.
Rule 506(b) regulatory
"Federal Exemption(s) and Exclusion(s) Claimed ... Rule 506(b)"
Rule 506(b) is a U.S. securities exemption that lets companies sell shares or debt privately without full public registration, provided sales are primarily to accredited investors, up to 35 non‑accredited but financially knowledgeable buyers, and there is no public advertising or solicitation. It matters to investors because offerings under 506(b) usually include less public disclosure than registered securities—like buying from a private seller rather than a retail store—so buyers must do more of their own fact‑checking and rely on their financial sophistication.
subscription receipts financial
"Other (describe) | Subscription receipts exchangeable for one common share"
Subscription receipts are temporary securities sold to investors that act like a receipt for future shares or cash once certain conditions in a financing or acquisition are met; until those conditions are satisfied, the funds are held in trust. Think of them as a ticket you buy today that will convert into the actual product later or get you a refund if the event doesn’t happen. They matter to investors because they provide a way to participate in a deal now while limiting immediate ownership changes and risk until the outcome is confirmed.
Regulation D exemption regulatory
"if the issuer is claiming a Regulation D exemption for the offering"
covered securities regulatory
"If the securities that are the subject of this Form D are "covered securities""
Investment Company Act of 1940 regulatory
"Is the issuer registered as an investment company under the Investment Company Act of 1940?"
A U.S. federal law that sets the rulebook for pooled investment vehicles such as mutual funds, exchange-traded funds and similar money managers, requiring them to register with regulators, disclose holdings and fees, limit conflicts of interest, and follow governance standards. It matters to investors because these protections and transparency rules act like a referee and scoreboard, helping people compare funds, trust that managers follow fair practices, and spot hidden costs or risks.
FAQ
What securities is Bragg Gaming Group (BRAG) offering in this Form D filing?
Bragg Gaming Group is offering equity, options or warrants, and securities issuable upon exercise, including subscription receipts exchangeable for one common share and one common share purchase warrant. Each warrant is exercisable for one common share at $2.16 for 36 months.
How much has Bragg Gaming Group (BRAG) sold in this exempt offering?
Bragg Gaming Group reports $449,999 USD in total amount sold and $561,848 USD remaining. The company clarifies that the remaining amount represents the maximum potential exercise price of warrants, reflecting additional proceeds only if investors exercise those warrants.
Under what exemption is Bragg Gaming Group (BRAG) conducting this offering?
The company is relying on Rule 506(b) of Regulation D as its federal exemption. This rule allows a private offering of securities to accredited investors, and in some cases a limited number of non-accredited investors, without a full SEC registration statement.
When did Bragg Gaming Group (BRAG) first sell securities in this offering?
The filing identifies this as a new notice and lists the Date of First Sale as 2026-06-22. That date marks when securities were first sold in the exempt offering described, triggering the requirement to submit this Form D notice.
Does Bragg Gaming Group (BRAG) report any finders’ fees or sales commissions?
The company discloses finders’ fees of $0 USD for this offering. The Form D section for sales compensation does not list any separate sales commissions, indicating no disclosed cash compensation to intermediaries in connection with these securities sales.