The company said the cross-trading facility will make its shares more widely available to investors in North America
PLC () said it has filed an application with OTC Markets Group Inc for its shares to be cross-traded on the OTCQB Venture Market under the ticker ‘GULDF’, which it said will make its shares more widely available to North American investors.
The owner and developer of esports teams said trading on the US OTC market will have no impact on its existing shares listed on the main market of the London Stock Exchange, adding that should the application be successful the cross-trading facility will be provided through the world’s largest electronic interdealer quotation system for US broker dealers.
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“We would like to make Guild available to US markets in order to gain access to a broader investor base and enhance our visibility in North America, where many of our potential sponsors and fans are based. Dual trading on the OTC markets represents an important development for the company”, Guild’s executive chairman Carleton Curtis said in a statement.
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