- FansUnite (FANS) has announced its conditional approval to list on the TSX
- The move is meant to increase its visibility to domestic and international institutional investors
- The company will confirm its first day of TSX trading upon the satisfaction of customary conditions
- FansUnite is a global sports and entertainment company focused on technology related to regulated online gaming
- FansUnite (FANS) is up by 13.16 per cent trading at $0.215 per share
FansUnite (FANS) has announced its conditional approval to list on the TSX.
The potential listing follows several important corporate milestones since merging with Askott Entertainment in 2020. These include obtaining an Ontario gaming license and establishing a presence in New York’s sports betting market.
Once it satisfies final listing requirements, FansUnite’s common shares will be delisted from the CSE. The company will release a statement confirming its first day of trading on the TSX.
There will be no change to the trading symbol or CUSIP for the common shares. The company’s shares will continue to trade under the symbol FUNFF on the OTC markets in the U.S.
“Uplisting to the TSX from the Canadian Securities Exchange is an accomplishment for any public issuer, as evidenced by the number of companies that successfully make the transition,” said Scott Burton, CEO of FansUnite. “By trading on a larger exchange we are in a position to have greater reach to domestic and international institutional investors that are looking to add an established gaming operator to their portfolio.”
FansUnite is a global sports and entertainment company focused on technology related to regulated online gaming.
FansUnite (FANS) is up by 13.16 per cent trading at $0.215 per share as of 12:12 pm EST.