Gaming Realms commences trading on OTCQX Market
Gaming Realms plc has commenced trading on the OTCQX Best Market in the United States under the ticker symbol PSDMF, upgrading from the Pink market. This transition aims to enhance trading transparency for U.S. investors, fulfilling stringent financial and governance standards. Executive Chairman Michael Buckley highlighted the growing demand from U.S. investors, particularly due to the company's expansion in New Jersey and partnerships with U.S. gaming firms. The company also plans to launch in Michigan and pursue a license in Pennsylvania.
- Commenced trading on the OTCQX market, enhancing visibility and trading transparency for U.S. investors.
- Significant demand from U.S. investors noted, attributed to growth and partnerships in the U.S. gaming sector.
- Upcoming launch in Michigan and progress in obtaining a Pennsylvania license indicate expansion plans.
- None.
Gaming Realms commences trading on OTCQX Market in the United States
LONDON, UK / ACCESSWIRE / April 29, 2021 / Gaming Realms plc (AIM:GMR)(OTCQX:PSDMF) the developer and licensor of mobile focused gaming content, is pleased to announce that trading in the Company's Ordinary Shares will begin today on the OTCQX Best Market in the United States, under the ticker symbol "PSDMF". Gaming Realms has upgraded to OTCQX from the Pink® market.
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.
Gaming Realms' Ordinary Shares will continue to trade on the London Stock Exchange's AIM market under the symbol "GMR".
Michael Buckley, Executive Chairman of Gaming Realms, commented: "We are delighted to be admitted to the OTCQX, a development which reflects the increased demand and interest we have been experiencing from U.S. investors as a result of our growth in New Jersey and successful partnerships with U.S. gaming companies. Our quotation on OTCQX will significantly enhance our visibility in the U.S. market and provide better access to prospective investors.
"Whilst the Company continues to expand in the European regulated iGaming market, our principal focus is on increasing our foothold in the U.S. and building on the success of our hugely popular Slingo® games in New Jersey. We have an exciting pipeline of opportunities ahead, not least our imminent launch in Michigan, our second U.S. State, whilst we are also progressing the application process for a licence in Pensylvania."
Jason Paltrowitz, Executive Vice President of Corporate Services at OTC Markets Group, said: "Gaming Realms joins a growing roster of gaming companies that choose to cross-trade on the OTCQX Market to provide greater transparency and more efficient trading for their investors globally.
"We look forward to supporting Gaming Realms as the company works to build visibility, liquidity and long-term shareholder value."
Berns & Berns acted as the Company's OTCQX sponsor.
Enquiries:
Gaming Realms plc Michael Buckley, Executive Chairman Mark Segal, CFO | 0845 123 3773 |
Peel Hunt LLP - NOMAD and broker George Sellar Andrew Clark Will Bell | 020 7418 8900 |
Yellow Jersey Charles Goodwin Annabel Atkins | 07747 788 221 |
About Gaming Realms PLC
Gaming Realms creates and licenses innovative games for mobile, with operations in the UK, U.S. and Canada. Through its unique IP and brands, Gaming Realms is bringing together media, entertainment and gaming assets in new game formats. The Gaming Realms management team includes accomplished entrepreneurs and experienced executives from a wide range of leading gaming and media companies.
About OTC Markets Group Inc.
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SOURCE: Gaming Realms PLC
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