OTC Markets Group Welcomes Gaming Realms PLC to OTCQX
NEW YORK, April 29, 2021 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 11,000 U.S. and global securities, today announced Gaming Realms PLC (LSE: GMR) (OTCQX: PSDMF), a leading mobile gaming company, has qualified to trade on the OTCQX® Best Market. Gaming Realms PLC upgraded to OTCQX from the Pink® market.
Gaming Realms PLC begins trading today on OTCQX under the symbol "PSDMF." U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. For companies listed on a qualified international exchange, streamlined market standards enable them to utilize their home market reporting to mak their information available in the U.S. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.
Michael Buckley, Executive Chairman of Gaming Realms, commented: "We are delighted to be admitted to the OTCQX, a development which reflects the increased demand and interest we have been experiencing from U.S. investors as a result of our growth in New Jersey and successful partnerships with U.S. gaming companies. Our quotation on OTCQX will significantly enhance our visibility in the U.S. market and provide better access to prospective investors.
"Whilst the Company continues to expand in the European regulated iGaming market, our principal focus is on increasing our foothold in the U.S. and building on the success of our hugely popular Slingo® games in New Jersey. We have an exciting pipeline of opportunities ahead, not least our imminent launch in Michigan, our second U.S. State, whilst we are also progressing the application process for a licence in Pensylvania."
Berns & Berns acted as the company's OTCQX sponsor.
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SOURCE OTC Markets Group Inc.
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