Enthusiast Gaming Plans To Go Public in US With NASDAQ Listing
Enthusiast Gaming thinks that with this public listing it will open up new avenues for the company especially in the US.
Enthusiast Gaming is a Canadian and esports enterprise has applied and is preparing to become a publicly-traded company in the United States on the NASDAQ Capital Market. Enthusiast Gaming is currently listed on the Toronto Stock Exchange market.
With this listing, Enthusiast Gaming hopes to facilitate further expansion and growth across its esports ventures, events and digital media verticals. The company said that they will file a Form 40-F Registration Statement with the United States Securities and Exchange Commission (SEC). However, the approval for this submission will be decided by the SEC and the fulfilment of the regulatory requirements.
Meanwhile, Enthusiast Gaming will continue to trade in the Toronto Stock Exchange market since NASDAQ expansion is subject to approval and review.
Adrian Montgomery, CEO of Enthusiast Gaming commented: “We continue to see strong interest from investors both in the U.S. and internationally. A US listing has been on our radar as one of the many strategies to execute as part of our business plan. On the back of the transformative acquisition of Omnia Media in Q3, the timing is right to proceed with a listing. The US is the largest capital market in the world and our most prominent territory in terms of both the Company’s audience and revenue. A NASDAQ listing is a natural next step for the Company.”
Enthusiast Gaming’s portfolio is vast and includes Luminosity Gaming an esports organization and teams under Luminosity Gaming like Call of Duty League team Seattle Surge and Overwatch Team Vancouver Titans.
Media assets include Omni Media, Destructoid and The Escapist, Enthusiast Gaming also owns one of the largest expo in Canada, Enthusiast Gaming Live Expo and Poker Game Connects.