2020-11-09 07:27:43 ENGMF Ticker changed to EGLX
11/09/20 11/0907:27 11/09/2007:27 | Enthusiast Gaming plans listing on NasdaqEnthusiast Gaming Holdings announced that it has taken a significant step to enhance its investor profile by launching a new capital markets strategy focused on the United States. As a result, the Company has applied for and is in the process of preparing for a listing of its common shares on the NASDAQ Capital Market. Management of Enthusiast Gaming believes a NASDAQ listing will: provide additional opportunities to attract institutional and retail investors, allowing the Company to broaden its investor base; increase the visibility of the Company, its growth strategy, accomplishments and results to date; enhance the Company's brand in the US, thereby attracting additional partnership, sales, and M&A opportunities; and raise the Company's overall profile and ultimately enhance shareholder value. In advance of an anticipated listing on the NASDAQ, Enthusiast Gaming will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission. The listing of the Company's common shares on the NASDAQ remains subject to the approval of the NASDAQ and the satisfaction of all applicable listing and regulatory requirements. The Company will continue to maintain the listing of its common shares on the Toronto Stock Exchange under the symbol "EGLX". |
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