Super Group files registration statement with SEC

Once the form is effective, securities and shares can be purchased and sold by certain company securityholders.
Super Group has filed a Form F-1 registration statement with the Securities and Exchange Commission (SEC). The form will allow Super Group to register for the potential resale of ordinary shares issued to or already held by certain company securityholders.
The form was filed in compliance with a 60-day requirement to file a registration statement following the closing of Super Group’s business combination with Sports Entertainment Acquisition Corp. The business combination closed on January 27, 2022.
Filing the registration statement does not represent a follow-on offering, however, and Super Group is not selling any of its additional securities.
Securities cannot be sold and no offers to buy can be made until the registration statement becomes effective. Though the paperwork has been filed, the SEC has not declared it effective yet.
After the SEC approves the form, certain holders will continue to remain restricted from selling any securities until the lock-up agreement formed in connection with the recent business combination has expired.
Once available, copies of the prospectus can be accessed on the SEC’s website.
Super Group is the parent company of Betway, a sports betting and gaming business, and of Spin a multi-brand online casino. It is licensed in 25 jurisdictions and is represented in markets throughout Europe, the Americas and Africa. The company also works to provide a safe gambling environment to its clientele.
Betway is live in five states through the Digital Gaming Corporation (DGC), which has gained access to markets in seven additional states. Super Group expects that the DGC will join the company later this year, pending regulatory approval.
Tags/Keywords
Players trust our reporting due to our commitment to unbiased and professional evaluations of the iGaming sector. We track hundreds of platforms and industry updates daily to ensure our news feed and leaderboards reflect the most recent market shifts. With nearly two decades of experience within iGaming, our team provides a wealth of expert knowledge. This long-standing expertise enables us to deliver thorough, reliable news and guidance to our readers.