- Common shares of Tiidal Gaming (TIDL) are now eligible for electronic clearing and settlement through the DTC in the U.S.
- DTC eligibility reduces costs and accelerates the settlement process for investors and brokers and opens the door to new investors
- Tiidal Gaming is a media and technology platform enabling next-generation engagement in esports and gaming
- Tiidal Gaming (TIDL) opened trading at C$0.17 per share
Common shares of Tiidal Gaming (TIDL) are now eligible for electronic clearing and settlement through the DTC in the U.S.
This follows the company’s recent uplisting to the OTCQB Venture Market.
DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing its common shares to be traded over a wider selection of brokerage firms.
Existing investors benefit from potentially greater liquidity and faster execution speeds. This also opens the door to new investors that may have been previously restricted from purchasing the company’s common shares and simplifies the process of trading them in the United States.
TUGA Innovations’ common shares will continue to trade on the CSE under the symbol TIDL.
Tom Hearne, CEO of Tiidal Gaming commented on the news.
“We are pleased to obtain DTC eligibility as it provides us with more exposure to a broader U.S. investor base. Current and prospective U.S. investors will now have direct access to our shares, which leads to greater liquidity. We look forward to continue raising investor awareness among the North American investment community.”
Tiidal Gaming is a media and technology platform enabling next-generation engagement in esports and gaming.
Tiidal Gaming (TIDL) opened trading at C$0.17 per share.