FULL HOUSE RESORTS, INC. (NASDAQ:FLL) Files An 8-K Other Events
Item 8.01Other Events.

On March 26, 2018, Full House Resorts, Inc. (the "Company") closed its previously-announced registered direct offering for a total of 3,943,333 shares of its common stock at a price of $3.00 per share, resulting in gross proceeds to the Company of $11,829,999. Mr. Ellis Landau, a director of the Company, purchased 100,000 shares of common stock in the offering. Net proceeds to the Company from the offering are expected to be approximately $11.5 million, after deducting placement agent fees and estimated offering expenses payable by us. The Company anticipates using the net proceeds from the offering for general corporate purposes, including Phase One of its planned expansion of Bronco Billy's Casino and Hotel in Cripple Creek, Colorado. Phase One includes exercising its options to purchase the Imperial Hotel and certain parcels of land adjacent to Bronco Billy's, and constructing a 286-space parking garage. Phase One also includes completing the refurbishment of the Imperial Hotel and refurbishing and re-opening the Imperial Casino, which the Company has the option to either lease or purchase.

Union Gaming Securities LLC ("Union Gaming") acted as the Company's exclusive placement agent for the offering and received a placement agent fee from the Company in the amount of $250,000. The Company also reimbursed Union Gaming for its expenses in connection with the offering in the amount of $25,000.

The offering was made to the Company's shelf registration statement on Form S-3 (File No. 333-222390), which was declared effective by the Securities and Exchange Commission (the "Commission") on January 12, 2018. The registration statement includes a base prospectus, a preliminary prospectus supplement filed with the Commission on March 22, 2018 and a final prospectus supplement filed with the Commission on March 26, 2018.

Immediately following the completion of the offering, the Company had 26,914,259 shares of common stock outstanding.

On March 26, 2018, the Company issued a press release announcing the closing of the offering. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 hereto.

Item 9.01Financial Statements and Exhibits.

FULL HOUSE RESORTS INC Exhibit
EX-99.1 2 ex991-prreequityclose.htm EXHIBIT 99.1 Exhibit Exhibit 99.1FULL HOUSE RESORTS ANNOUNCES CLOSING OF ITS REGISTERED DIRECT OFFERINGLAS VEGAS – March 26,…
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About FULL HOUSE RESORTS, INC. (NASDAQ:FLL)

Full House Resorts, Inc. owns, operates, develops, manages, and/or invests in casinos and related hospitality and entertainment facilities. The Company’s casino/resort segments include the Silver Slipper Casino & Hotel in Hancock County, Mississippi; the Rising Star Casino Resort in Rising Sun, Indiana, and the Northern Nevada segment, which consists of the Grand Lodge Casino in Incline Village, Nevada and Stockman’s Casino in Fallon, Nevada. The Company’s Development/Management segment includes costs associated with casino-related development and management projects. The Company has a leased property, Grand Lodge Casino. The Rising Star Casino Resort is located on the banks of the Ohio River in Rising Sun, Indiana. The Silver Slipper Casino & Hotel is situated on the far west end of the Mississippi Gulf Coast in Bay St. Louis, Mississippi. The Grand Lodge Casino is located within Hyatt Regency in Incline Village, Nevada on the north shore of Lake Tahoe.