GiG Software is hoping a new listing on a US exchange will help boost North American interest in the firm.
The company is now live and available for trading on the OTCQX Best Market under the symbol GIGXF. OTCQX is a regulated exchange designed to highlight companies with high financial standards but are not traded on more popular exchanges such as Nasdaq or the NYSE.
“Trading on the OTCQX marks an important milestone in GiG’s evolution, paving the way for access to a large and increasingly diverse U.S. investor base. The addition of the OTCQX market will complement our existing market presence and help to broaden our investment exposure, enabling us to expand our reach and deepen our engagement with the U.S. As GiG continues to scale, this step highlights our commitment to delivering shareholder value alongside our strong growth trajectory. We are excited to offer U.S. investors the opportunity to participate in our growth story and look forward to the commercial opportunities that trading on the OTCQX will bring,” GiG CEO Richard Carter said of the move.
The hope is that the listing will raise brand awareness about GiG to North American investors, as the company already has a strong position in both Europe and Asia.
Just over a year ago, GiG and its media arm, GiG Media, finalized a formal split, where the affiliate arm became its own organization, Gentoo Media. That company is traded on Nasdaq Stockholm. The company was dual-listed on Oslo Børs for a period of time before the company delisted in July to focus on the Stockholm exchange.
GiG Software currently has some active partnerships in North America, including a deal with LuckyDays in Mexico and providing the platform for PowerPlay in Ontario. The company also launched a sweeps platform, SweepX, in the U.S. earlier this year via a partnership with Primero Gaming.
