Enthusiast Gaming Announces Intention To List Shares On NASDAQ

North American esports organization Enthusiast Gaming has announced its intention to list shares on the NASDAQ exchange as the company seeks to expand its shareholder base and accelerate development.

As such, the entity that owns Luminosity Gaming, the Vancouver Titans Overwatch League franchise and the Seattle Surge Call Of Duty League team have filed a 40-F filing with the US Securities and Exchange Commission (SEC).

Form 40-F, announced by the SEC in effect, is a mandatory requirement for an organization to list common shares on the NASDAQ exchange. Enthusiast Gaming is already listed on the Toronto Stock Exchange as well as the OTCQB, which is the US mid-tier stock market.

Enthusiast Gaming has a significant operational presence in the US and Canada, through ownership of esports franchises and other organizations. Last month it became known that the organization intends to acquire the news and strategic platform Icy Veins for € 7 million. However, the official announcement of the purchase has not yet been received.