David Beckham backed Guild Esports is looking to gain exposure to US investors by applying for a OTCQB listing under the proposed ticker of ‘GULDF’.
Like a number of UK firms that have already made similar moves, the owner and developer of esports teams is hopeful that it will be able to take advantage of stronger interest in the USA for businesses such as those in the wider technology sector.
Today Guild Esports confirmed that should its application be successful, there will be no new ordinary shares issued and the US exposure would have no impact on its existing shares and existing disclosures it needs to make to the London Stock Exchange.
Commenting on the application to trade on the OTCQB Venture Market was Carleton Curtis who noted this is an important development for the company:
“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.”Carleton Curtis, Executive Chairman of Guild