Toronto-based digital media and sports betting service Score Media and Gaming Inc has been given a fillip this week with the announcement that it has received final approval to graduate to the Toronto Stock Exchange from the TSX Venture Exchange.
As a result, the company’s Class A Subordinate Voting Shares (Class A Shares) will commence trading on the TSX at market open on Tuesday, September 15, 2020 under the existing ticker “SCR”. The firm was granted conditional approval from the Toronto Stock Exchange at the beginning of September.
Founder and CEO John Levy welcomed the announcement, saying it will add to the firm’s efforts as it broadens its reach across North America. He stated: “We’re excited to be listed on the Toronto Stock Exchange and further raise the profile of our growing leadership position in North American sports media, esports, and gaming.
“This graduation comes at an exciting time for theScore as we continue the multi-state rollout of our award-winning sportsbook, theScore Bet, introducing our unique media and gaming experience to even more sports fans.”
The Company’s Class A Shares will be delisted from the TSXV concurrently with the commencement of trading on the TSX. Shareholders are not required to take any action in connection with the graduation.