OverActive Media starts trading on the OT CQB venture capital market
Esports and entertainment company OverActive Media has started trading on the OT CQB venture capital market. The new market will provide more liquidity and brand awareness for OverActive Media by making the company's stock available to buyers in the United States.
OverActive Media - one of the first companies focused on e-sports, which was opened for public trading. The company, which owns a number of esports teams such as MAD Lions, Toronto Ultra and Toronto Defiant, is already listed on the Toronto Venture Exchange (TSXV).
Chris Overholt, President and CEO of OverActive Media:“Today is a testament to the progress we continue to make in the fast-growing global esports and entertainment industry. By going public in July on the TSX venture capital exchange, we opened up additional opportunities for investors and fans to own a piece of OverActive. "
OverActive Media was very active in 2021. The company announced a $ 40 million investment in the spring and also announced plans to build its state-of-the-art new esports facility in Toronto. At the same time, MAD Lions reported revenue of more than $ 2.1 million for the second quarter of 2021.
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