Engine Media Holdings Inc (TSE:GAME) has released an update.
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GameSquare Holdings, Inc. is streamlining its operations by voluntarily delisting from the TSX Venture Exchange to focus on its NASDAQ Capital Market listing, a move prompted by its acquisition of FaZe and changing shareholder demographics. The company anticipates the delisting will cut costs and administrative burdens while potentially enhancing shareholder value through improved liquidity. Additionally, GameSquare has received an extra investment of $1,000,000 in its convertible debenture, increasing the principal to $2,250,000, with the involvement of a director in the transaction.
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