Elys Game Technology Delists Shares in Canada

Rhea-AI Summary

Elys Game Technology, Corp. (NASDAQ:ELYS) has voluntarily delisted its common shares from the NEO Exchange in Canada, effective December 29, 2021, as part of its corporate strategy. The company's shares will continue to trade on Nasdaq. Executive Chairman Michele Ciavarella expressed gratitude for the NEO Exchange's support during the listing process. Elys operates globally with a focus on B2B gaming technology and offers a range of gaming products and services, including sports betting and online casino operations.

Positive

• Continues to be listed on Nasdaq, enhancing visibility in a major market.
• The delisting allows for streamlined operations focusing on core markets.

Negative

• Voluntary delisting from NEO Exchange may raise concerns about liquidity and market presence in Canada.

NEW YORK, NY / ACCESSWIRE / December 31, 2021 / Elys Game Technology, Corp. ("Elys" or the "Company") (NASDAQ:ELYS)(BER:3UW), an interactive gaming and sports betting technology company, today announced the voluntary delisting of its common shares from the NEO Exchange ("NEO") in Canada as part of the Company's corporate strategy. The Company has voluntarily delisted from the NEO at the close of trading on Wednesday, December 29, 2021, and its shares of common stock will continue to be listed and trade on Nasdaq under the symbol ELYS.

"We are very grateful for the extraordinary professionalism of the team and leadership of the NEO Exchange in giving Elys the opportunity to list our common shares in Canada," stated Michele Ciavarella, Executive Chairman of Elys.

The Company's board of directors authorized the Company to delist from the NEO.

About Elys Game Technology, Corp.

Elys Game Technology, Corp., is a B2B global gaming technology company operating in multiple countries worldwide, with B2C online and land-based gaming operations in Italy. Elys offers its clients a full suite of leisure gaming products and services, such as sports betting, e-sports, virtual sports, online casino, poker, bingo, interactive games and slots in Italy and has operations through its wholly owned subsidiary under the US Bookmaking brand in 5 states in the US market.

The Company's innovative wagering solution, services online operators, casinos, retail betting establishments and franchise distribution networks. Additional information is available on our corporate website at www.elysgame.com.

Investors may also find us on Twitter @ELYS_gaming.

Contacts:

Elys Game Technology, Corp.
Michele Ciavarella, Executive Chairman
Tel: 1-628-258-5148
Email: m.ciavarella@elysgame.com

Investor Contact:

KCSA Strategic Communications
Valter Pinto or Jack Perkins
Tel: 1-212-896-1254
Email: ELYS@KCSA.com

SOURCE: Elys Game Technology, Corp.

View source version on accesswire.com:
https://www.accesswire.com/680193/Elys-Game-Technology-Delists-Shares-in-Canada

FAQ

What is the significance of Elys Game Technology delisting from the NEO Exchange?

The delisting reflects Elys' strategic decision to focus on its Nasdaq listing, which could enhance operational efficiency.

When did Elys Game Technology delist its shares from the NEO Exchange?

Elys Game Technology delisted its shares from the NEO Exchange on December 29, 2021.

Is Elys Game Technology still publicly traded?

Yes, Elys Game Technology continues to trade on the Nasdaq under the symbol ELYS.

What type of services does Elys Game Technology provide?

Elys offers a full suite of leisure gaming products and services, including sports betting, online casino, and virtual sports.