FansUnite Entertainment Inc has announced that its common shares have been approved for listing on Toronto Stock Exchange (TSX) and will commence trading once the market opens on July 5 under its existing symbol “FANS“.
As a result of its listing on the TSX, common shares of FansUnite will cease trading on the Canadian Securities Exchange.
Shareholders are not required to exchange their share certificates or take any other action in connection with the listing since there will be no change in the trading symbol or CUSIP for the common shares.
Upon the announcement of its conditional approval for the TSX, Scott Burton, CEO of FansUnite, said: “Uplisting to 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.
“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.
“The listing serves as a significant milestone for FansUnite, and follows a number of important corporate milestones the Company has achieved since merging with Askott Entertainment in 2020.”
FansUnite will continue to trade its common shares on the OTCQX market in the US under the symbol “FUNFF“.