Industry News

Esports Entertainment Group Receives Approval for Continued Nasdaq Listing

Published

2 years ago

December 7, 2022

Niji Narayan

Reading Time: < 1 minute

Esports Entertainment Group has announced that on November 30, 2022, the Nasdaq Hearings Panel granted its request for continued listing on The Nasdaq Capital Market (Nasdaq).

The company’s continued listing on Nasdaq is subject to its evidencing compliance with the minimum bid price requirement by February 7, 2023, evidencing compliance with the shareholder equity requirement of a minimum $2.5 million stockholder’s equity by March 31, 2023, and adhering to certain other conditions and requirements.

The company is in the process of taking definitive steps to comply with all applicable conditions and criteria for continued listing on Nasdaq.

Related Topics:Esports Entertainment Group Nasdaq NASDAQ Capital Market

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.