NorthStar Gaming breaks into the US as it commences trading on the OTCQB market
The company behind NorthStar Bets will trade its common shares under the symbol NSBBF
NorthStar Gaming has announced that it has been approved to commence trading in the U.S. on the OTCQB Venture Market.
The company behind the Ontario-based NorthStar Bets will be able to trade its common shares on the OTCQB Market under the symbol NSBBF.
The operator also announced that its common shares are now eligible for electronic clearing and settlement in the U.S. through the Depository Trust Company (DTC). The DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages electronic clearing and settlement for publicly traded companies
“We are pleased to offer another avenue for trading our shares as we work to expand the audience for NorthStar and our unique investment proposition,” said Chair and CEO of NorthStar Michael Moskowitz. “We anticipate that trading on the OTCQB and DTC eligibility will contribute to enhanced liquidity and exposure in the U.S. investment community as we continue to execute on our growth strategy.”
According to NorthStar Gaming, the OTCQB is a leading market for entrepreneurial and development stage companies and it provides international companies with improved access to a wide range of investors, including smaller institutions, family offices and self-directed investors.
The operator confirmed that its common shares will continue to trade on the TSX Venture Exchange. NorthStar began trading on the TSX Venture Exchange in March 2023 following its reverse acquisition of Baden Resources.
In December 2023 NorthStar Gaming partnered with BettorView in order to improve its player acquisition potential from customers in bars and restaurants. BettorView provides bars and restaurants with customizable advertisements where owners can control what betting information is displayed, allowing them to provide relevant and up-to-date betting information.