Gunsynd Plc (AIM: GUN, AQSE: GUN) is pleased to announce that it has received a shareholder update from its investee company Low6 Limited (“Low6”), a UK based, influencer led, B2B pool betting platform for franchises around the world. Low6 offers a white-label pool betting platform for professional sports franchises.

In Q4 2020, Low6 closed a pre-IPO round, organised by Canaccord Genuity. As announced on 14 December 2020, Gunsynd subscribed for 6,667 ordinary shares at a price of £30 per share for a total consideration of 200,010 

Peter Ruse, Gunsynd PLC Director, commented: “Gunsynd is very pleased to provide this update to our shareholders. The Low6 business has demonstrated strong monthly active user growth since our investment in December 2020, launching its pool betting software across a number of platforms within popular sporting codes. We believe the cost per acquisition of users to the Low6 platform is considerably lower than the industry average and proves the disruptive nature of this business. Furthermore, we are delighted to learn that the business has attracted what it believes to be a high calibre gaming investor to its shareholder register and advisory board.”

https://www.share-talk.com/peter-ruse-director-gunsynd-plc-gun-l-low6-update-interview/