Norwegian esports organization Heroic, most known for its top team in CS:GO, has called for another extraordinary general meeting with investors on March 27 after failing to raise the funds necessary to keep afloat, according to a shareholders’ update on the platform Euronext NOTC today.
Heroic said in today’s update that there was an “insufficient interest of subscribers” in yesterday’s extraordinary general meeting. The organization failed to raise between NOK 12 million (around $1.14 million) and NOK 20 million (around $1.9 million) at 2 NOK (around $0.19) per share and has adjusted the prices for next week. Heroic is looking to raise between NOK 8 million (around $760.000) and NOK 15 million (around 1.43 million), and the shares will be sold at NOK 1 (around $0.095) each or higher in the next meeting.
About Post Author
