Playmaker Announces Voluntary Withdrawal from OTCQX Marketplace

Rhea-AI Summary

Playmaker Capital Inc. (PMKR) announced the voluntary withdrawal of its common shares from the OTCQX Best Market effective January 2, 2024, due to the pending acquisition by Better Collective A/S. The company's common shares will continue to trade on the TSX Venture Exchange under the ticker symbol 'PMKR'.

Positive

• None.

Negative

• The pending acquisition of Playmaker by Better Collective A/S may introduce uncertainties and risks for the company and its shareholders.

TORONTO--(BUSINESS WIRE)-- Playmaker Capital Inc. (TSX-V: PMKR) (“Playmaker” or the “Company”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media brands, announced today that it will voluntarily withdraw its common shares from the OTCQX Best Market effective January 2, 2024.

The Board of Directors of the Company has made this decision as a result of the pending acquisition of Playmaker by Better Collective A/S (the “Acquisition”), which is expected to close in the first quarter of 2024, and in light of the fees associated with remaining quoted on the OTCQX until the closing of the Acquisition.

The Company’s common shares will continue to trade on the TSX Venture Exchange under the ticker symbol “PMKR”. The Company expects its common shares to be eligible for quotation on the Pink tier of OTC Markets Group if market makers commit to making a market in the Company’s shares. The Company can provide no assurance that quotations in its common shares will continue on the OTC Markets Group or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ABOUT PLAYMAKER CAPITAL INC.

Playmaker Capital Inc. (TSX-V: PMKR; OTC: PMKRF) is a digital sports media company that acquires and integrates premier fan-centric media brands, curated to deliver highly engaged audiences of sports fans to tier one advertisers, online sports betting operators, and sports federations and leagues. Leveraging its in-house technology stack, Bench, and with a 360-degree view of sports fans, Playmaker delivers authentic digital content experiences for sports fans and best-in-class results for its partners across the Americas. Playmaker reports in U.S. dollars, except where noted otherwise, and in accordance with International Financial Reporting Standards.

For more information, visit: http://www.playmaker.fans or contact Playmaker Chief Executive Officer Jordan Gnat via email jgnat@playmaker.fans | T: (416) 815-4993

To sign up for Playmaker’s Investor Alerts, visit: playmaker.fans/investors.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231227935064/en/

MEDIA & INVESTOR RELATIONS CONTACTS

Jonathan Ross – E: jon.ross@loderockadvisors.com | T: (416) 283-0178

Elias Blahacek – E: elias@playmaker.fans | T: (416) 254-4345

Source: Playmaker Capital Inc.

FAQ

Why is Playmaker Capital Inc. withdrawing its common shares from the OTCQX Best Market?

Playmaker Capital Inc. is withdrawing its common shares from the OTCQX Best Market due to the pending acquisition by Better Collective A/S.

When will the withdrawal of Playmaker Capital Inc.'s common shares from the OTCQX Best Market be effective?

The withdrawal of Playmaker Capital Inc.'s common shares from the OTCQX Best Market will be effective on January 2, 2024.

Where will Playmaker Capital Inc.'s common shares continue to trade after the withdrawal from the OTCQX Best Market?

Playmaker Capital Inc.'s common shares will continue to trade on the TSX Venture Exchange under the ticker symbol 'PMKR' after the withdrawal from the OTCQX Best Market.

What is the ticker symbol for Playmaker Capital Inc. on the TSX Venture Exchange?

The ticker symbol for Playmaker Capital Inc. on the TSX Venture Exchange is 'PMKR'.