GiG Software Launches on OTCQX, Boosting US Market Presence
BREAKING: GiG Software has officially commenced trading on the OTCQX Best Market under the GIGXF ticker symbol, marking a significant leap forward in its strategy to expand in the US market. This urgent move, announced earlier today, aims to enhance GiG’s visibility and liquidity, capturing the attention of a broader base of North American investors.
Officials from GiG Software confirmed that this listing is a pivotal milestone for the company, aligning with its goal to significantly bolster its presence in the US gaming technology sector. The OTCQX is recognized as the highest tier of the OTC Markets, catering to established companies that meet rigorous financial and governance standards.
CEO Richard Carter emphasized the importance of this development, stating, “Trading on the OTCQX will allow GiG to tap into the large and diverse US investor base, generating a wealth of benefits for the company.” He further noted that the move underscores GiG’s commitment to delivering shareholder value while continuing its robust growth trajectory.
The listing on the OTCQX is expected to complement GiG’s existing market presence and further its strategy for expansion. With a focus on increasing local investor engagement, GiG aims to leverage this opportunity to reach more investors and solidify its position in the competitive landscape of online gaming.
In a prior strategic shift earlier this year, GiG Software made headlines by dropping five sweepstakes brands amid ongoing market uncertainties. This decision reflects a targeted effort to concentrate resources on more promising markets, including the newly regulated gaming and betting sector in Brazil.
Carter had previously stated that the company found little merit in investing in sweepstakes partnerships that did not align with their growth objectives. This latest move to join the OTCQX signifies a renewed focus on sustainability and profitability in the evolving landscape of the gaming industry.
As GiG Software embarks on this new chapter, investors are encouraged to keep an eye on the company’s developments, which promise to unlock new opportunities in the thriving US market. This is a crucial time for GiG Software as it aims to harness the momentum from its OTCQX listing to drive further growth and engagement.
Stay tuned for more updates on how this strategic move will impact GiG’s operations and market standing.
