Wednesday, November 18, 2020 2:59:41 PM
Simplicity Esports Signs Long Awaited League of Legends Franchise Agreement with Riot Games
Press Release | 11/18/2020
Boca Raton, Florida, Nov. 18, 2020 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (OTCQB:WINR) (“Simplicity Esports”) announced today that it executed its franchise agreement with Riot Games, securing its place globally as a top tier esports organization. Simplicity Esports’ common stock remains the only publicly traded vehicle for investing in a pure play esports company that owns a League of Legends franchise.
Jed Kaplan, CEO of Simplicity Esports said, “It feels incredible to announce this achievement to our shareholders. We have been focused on owning a League of Legends franchise since day one of Simplicity Esports, and to accomplish it within our first two years as a public company is very satisfying. We will continue to strive to increase shareholder value by leveraging our esports expertise, our nationwide esports gaming center footprint, and my experience and relationships with traditional sports teams such as the Memphis Grizzlies and Orlando City Soccer Club.”
Simplicity Esports recently announced it applied to uplist its common stock and warrants for trading on the NASDAQ Capital Market, and will be effecting a reverse split to meet the minimum price requirement for uplisting. There is no assurance that our listing application will be approved by the NASDAQ Capital Market.
https://www.otcmarkets.com/stock/WINR/news?id=280715
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