GAN has appointed B. Riley FBR, Inc. a subsidiary of B. Riley Financial, Inc. as the Company’s lead banking adviser as part of the Company’s planned reorganization and listing on a recognized investment exchange in the United States.

This key appointment is made by the Company in pursuit of its stated equity capital markets strategy of making GAN’s equity readily available to the U.S. investor community, to improve liquidity and maximize shareholder value.

The Company’s Board of Directors selected B. Riley FBR based on its demonstrated capital markets track record working with emerging U.S. public companies in the technology sector, including Software-as-a-Service vendors. The Company’s Board of Directors believes B. Riley FBR is ideally suited to support the Company’s achievement of its U.S. listing objective.

The Company does not intend to disclose or comment further on developments related to its U.S. listing unless and until the Board of Directors of GAN has approved a specific transaction or has otherwise determined that further disclosure is appropriate in consultation with its legal and financial advisors.