On January 20, Enthusiast Gaming Holdings Inc. announced that it has received final approval to graduate from the TSX Venture Exchange to the Toronto Stock Exchange (TSX). Enthusiast Gaming expects its common shares to begin trading on the TSX under the same ticker symbol, “EGLX” on January 27.
“Graduating to the TSX is an exciting milestone for Enthusiast Gaming and continues to validate our growth, building the largest gaming network in North America,” said CEO Adrian Montgomery. “There are almost 2,000 companies listed on the TSX Venture Exchange, and in 2019, only 21 companies graduated to the TSX main board, proving that only a small fraction of companies are able to make the transition. We are proud to be one of the first companies to successfully graduate to the TSX in 2020 and provide further visibility and liquidity to shareholders.”
The company’s common shares will be delisted from the TSXV. Shareholders will not be required to take any action.
Enthusiast Gaming is building a network of communities for gamers and esports fans. Already the largest gaming network in North America and the United Kingdom, the company’s business is comprised of three main pillars: Media, Events and Esports. Enthusiast Gaming’s digital media platform includes 100+ gaming related websites and 900 YouTube channels which collectively reach 150 million visitors monthly.