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Redeye views the direct share issue of Better Collective in a positive light as this finances their acquisition of Action Network and keeps the debt leverage lower than 3. The net proceeds will be used to finance the acquisition of Action Network.

Source: Finwire News.

Better Collective AS is a developer of educational platforms within the iGaming industry. The company develops sports betting and gambling entertaining, transparent and fair for the global network of online bettors. It also offers online betting and gambling advice. The company develops, markets, and produces products for the web.