Digital sports media company, Playmaker, has made the strategic decision to withdraw its shares from the OTCQX Marketplace effective January 2, 2024. This move comes in the wake of Playmaker’s recent acquisition by Better Collective, a transaction valued at €176m ($194m) and anticipated to finalize in the first quarter of 2024.

Jordan Gnat, Director and CEO of Playmaker, expressed enthusiasm for the acquisition, stating, “This deal is truly transformative for Playmaker and its shareholders, propelling our company to new heights. Better Collective’s vision to become a leading digital sports media group aligns perfectly with our own. There is tremendous potential for synergy and growth, which will greatly benefit our shareholders.”

Playmaker has taken the step to pull its shares from the OTCQX Marketplace to avoid additional fees until the acquisition is complete. While the company expects its common shares to remain on the Pink Tier of the OTC Markets Group, they cannot make a guarantee.

Remaining common shares of Playmaker will continue trading on the TSX Venture Exchange under the ticker symbol ‘PMKR.’ Jesper Søgaard, Co-Founder and CEO of Better Collective, noted, “Once the acquisition is finalized, we will greatly expand our audience and reach a wider segment of generalist sports fans. Playmaker’s well-established sports media brands and dedicated following have excited sports enthusiasts throughout the Americas with top-notch sports content.”

By strategically withdrawing its shares and joining forces with Better Collective, Playmaker aims to enhance its position in the digital sports media industry and deliver even more compelling content to its passionate audience.

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