Golden Matrix files for $10m Nasdaq IPO
| By Nosa Omoigui
Social gaming, esports and white-label solutions supplier Golden Matrix Group has filed with the SEC to raise up to $10m in an initial public offering on the National Association of Securities Dealers Automated Quotations (Nasdaq).
The business – which currently trades over the counter – plans to list on the Nasdaq under the ticker symbol GMGI, with Kingswood Capital Markets being the sole bookrunner on the deal. Details regarding pricing are as of yet undisclosed.
The social gaming solutions provider had over 3.5 million registered players as of January 2021, as well as over 400 casino and live game operations.