Elys Game Technology Announces Decision of Nasdaq Hearings Panel To Delist Common Shares
NEW YORK, Oct. 16, 2023 (GLOBE NEWSWIRE) — Elys Game Technology, Corp. (“Elys” or the “Company”) (Nasdaq: ELYS) (BER:3UW), an interactive gaming and sports betting technology company, today announced that on October 13, 2023, the Company received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that […]
Elys Game Technology, Corp. recently received notice from Nasdaq indicating that the company’s common shares are set to be delisted. This news comes as a significant blow to Elys, a leading interactive gaming and sports betting technology company.
The decision was made by the Nasdaq Hearings Panel, and it will have far-reaching implications for Elys and its stakeholders. The delisting of common shares will impact the company’s stock performance and overall market reputation.
Despite this setback, Elys remains committed to its mission of providing innovative gaming and betting solutions to its customers. The company is exploring alternative options to address the delisting and ensure its continued operations in the future.
Effect on Me:
As an investor in Elys Game Technology, Corp., the decision to delist the common shares will directly impact my investment portfolio. The delisting may lead to a decline in the value of my shares and potential financial losses. It is important for me to carefully monitor the situation and consider my options moving forward.
Effect on the World:
The delisting of Elys Game Technology’s common shares may have broader implications for the gaming and sports betting industry. It could signal uncertainty and volatility in the market, impacting other companies in the sector. Investors and industry stakeholders will be closely watching how Elys navigates this challenging period.
Conclusion:
In conclusion, the decision to delist Elys Game Technology’s common shares is a significant development for the company and the industry as a whole. It underscores the importance of adaptability and resilience in the face of adversity. Elys will need to carefully strategize its next steps to maintain its position in the market and regain investor confidence.
