Gaming Realms shares to begin trading on OTCQX market
Gaming Realms has announced 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.”