B2B gaming technology and content provider Bragg Gaming Group has secured approval to list on the Nasdaq Global Select Market, with its shares set to begin trading later this week.
Bragg, which will retain the ‘BRAG’ ticker symbol it listed under while trading the Toronto Stock Exchange, expects its shares to launch on Nasdaq on August 27. It will retain its listing on the Toronto Stock Exchange in Canada.
The provider filed an application to list its common shares on Nasdaq in March of this year and the proposal secured the backing of shareholders not long after this.
Bragg’s chief executive Richard Carter said that the Nasdaq listing marks a “key milestone” in provider’s growth strategy and will allow it to attract greater capital markets interest in the US, where it is pursuing further expansion.
“By listing in the US and maintaining our Canadian listing, we are positioned to enhance shareholder value by improving the company’s visibility and trading liquidity for investors,” Carter said.
“We believe Bragg is ideally positioned to grow our business and gain share in the large global igaming market and the Nasdaq listing is another positive step that will enable us to move forward aggressively with our plans.”