OTC Markets Group Welcomes Rivalry Corp. to OTCQX
Rivalry Corp. (OTCQX: RVLCF) has successfully upgraded its listing to the OTCQX Best Market from the Pink market. This transition allows the company to enhance its visibility among U.S. investors by providing transparent trading. Rivalry, a sports betting and media firm, is focused on attracting young Millennials and Generation Z as customers. The upgraded listing is expected to facilitate easier equity ownership for interested investors, aligning with Rivalry's global strategy.
- Rivalry Corp. upgraded to OTCQX from the Pink market, enhancing its visibility among U.S. investors.
- The OTCQX listing provides transparent trading and enables streamlined compliance with high financial standards.
- Rivalry targets young demographics, including Millennials and Generation Z, likely appealing to a broad investor base.
- None.
NEW YORK, Jan. 25, 2022 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced Rivalry Corp. (TSX-V: RVLY; OTCQX: RVLCF), a sports betting and media company, has qualified to trade on the OTCQX® Best Market. Rivalry Corp. upgraded to OTCQX from the Pink® market.
Rivalry Corp. begins trading today on OTCQX under the symbol “RVLCF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to make their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
“We are pleased to reach this important milestone in our efforts to increase awareness of
Rivalry among U.S. investors and broaden our shareholder base,” said Steven Salz, Co-
Founder and CEO of Rivalry. “Rivalry competes in a global sports betting and media
marketplace with a unique strategy focused on young Millennials and Generation Z, and we
believe our story may be of interest to investors internationally. Trading on the OTCQX should
enhance the ease at which those investors can own the equity, which is aligned with the global
nature of our strategy.”
Nauth LPC acted as the company’s OTCQX sponsor.
About Rivalry Corp.
Rivalry Corp. wholly owns and operates Rivalry Limited, a leading sport betting and media
property offering fully regulated online wagering on esports, traditional sports, and casino for the
next generation of bettors. Rivalry Limited currently holds an Isle of Man license, considered
one of the premier online gambling jurisdictions. Based in Toronto, Rivalry operates a global
team in more than 18 countries and growing. Rivalry Limited was granted its Isle of Man license
in early 2018, officially launching in August of that year, and the Company is currently in the
process of obtaining additional country licenses. The Company also has a variety of originally
developed products, including Quest, an on-site engagement experience, and an original casino
game called Rushlane, a proprietary casino game that marks the creation of a new category for
online gaming: Massively Multiplayer Online Gambling Games (MMOGG).
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for over 11,000 U.S. and global securities. Through our regulated OTC Link® Alternative Trading Systems, the Company connects a diverse network of broker-dealers that provide liquidity and execution services. We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for their investors.
OTC Link ATS, OTC Link ECN and OTC Link NQB are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.
To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.
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Media Contact:
OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com
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