GameSquare Esports Inc said it has qualified for trading on the OTCQB Venture Market in the United States operated by OTC Markets Group Inc and the company's common shares commenced trading today, December 20, 2021, under the symbol GMSQF.
The company's common shares will continue to trade on the Canadian Securities Exchange under the symbol GSQ and on the Frankfurt Exchange under the symbol 29Q1.
"Qualifying to trade on the OTCQB is an important milestone for the Company and for our supportive shareholders," said GameSquare Esports CEO Justin Kenna in a statement.
"We are a global company with a strong connection to the United States. Enhanced accessibility by investors, particularly within the US market, is another step towards meeting our goal of becoming a global leader in esports and gaming. We believe that this could increase liquidity and provide greater access for international investors seeking to own GameSquare Esports and its subsidiary companies Complexity Gaming, GCN, Code Red, and Cut+Sew," he added.
READ: GameSquare Esports subsidiary Complexity Gaming signs popular Warzone trio the Baka Bros as content creators and competitors
The company said its listing on the CSE and the trading of its shares on the OTCQB are expected to provide investors enhanced access to trading.
GameSquare Esports is an international gaming and esports company headquartered in Toronto, Canada. The company is seeking to acquire additional assets and entities serving the gaming and esports markets and, more broadly, in sports and entertainment.
GameSquare owns a portfolio of companies including Code Red Esports Ltd, an esports talent agency serving the UK, Reciprocity Corp which provides the company access to Asia, Latin America and North America, NextGen Tech LLC (dba as Complexity Gaming), a leading esports organization operating in the United States, and, most recently, Swingman LLC (dba Cut+Sew and Zoned), a gaming and lifestyle marketing agency based in Los Angeles, USA.
Reciprocity's gaming and esports assets include: a CrossFire franchise in China that it owns with its partner LGD Gaming, a 40% interest in a League of Legends team that competes in Latin America, and its wholly-owned subsidiary corporation, GCN, a digital media company focusing on the gaming and esports audience based in Los Angeles, USA.
Contact the author at jon.hopkins@proactiveinvestors.com