-Company offered secondary offering of 32 million shares @ $24/share
-The offering is expected to close on or about March 23, 2021.
-Skillz may use the proceeds for working capital and general corporate purposes, according to the statement.
Catalyst im looking for:
-The Company is initiating 2021 revenue guidance of $366 million, which equates to 59% year-over-year growth.
- How will they use working capital gained from offering
-The developer challenge for NFL themed mobile game will launch in the second quarter of 2021
- possible long play as i see them expanding their n2 numbers with new games added to their platform
any feedback is much appreciated
mahalo
-The offering is expected to close on or about March 23, 2021.
-Skillz may use the proceeds for working capital and general corporate purposes, according to the statement.
Catalyst im looking for:
-The Company is initiating 2021 revenue guidance of $366 million, which equates to 59% year-over-year growth.
- How will they use working capital gained from offering
-The developer challenge for NFL themed mobile game will launch in the second quarter of 2021
- possible long play as i see them expanding their n2 numbers with new games added to their platform
any feedback is much appreciated
mahalo