Simplicity Esports and Gaming Co (WINR)

[namah sivaya]

yes i saw the 4-6 weeks also. first i'd think WINR responsiveness is not an issue as mgmt has been anticipating this for some time. so its a question if when the coundown starts. below is the timeline for MNMD uplist earlier this year. it is a foreign company but should be similar...

3/30 F10 which for foreign is = S1
4/9 amended F10
4/13 notice of effectiveness
4/23 6k announced accepted by Nasdaq to begin trading 4/27
4/27 traded on Nasdaq

WINR timeline so far...

10/1 S1
10/12 amended S1
10/13 Notice of Effectiveness was out but its not on this SEC link https://sec.report/Ticker/WINR which is curious. i believe this notice was just for the warrants and convertibles to prepare for warrants to be able to be exercised. If that is the case, another "notice of effect" will come for S1 also. so if on similar timeline, "Notice of Effect" for WINR S1 should be literally at any time.

MNMD NAS PR announcement came 10 calendar days later. so if WINR is similar to MNMD in process, WINR should uplist by end of month.

the first page of prospectus has this paragraph;

In addition, this prospectus relates to the issuance by us of up to 2,267,897 shares of Common Stock upon the exercise of 2,267,897 warrants (“Warrants”) held by Selling Securityholders, which were issued in connection with the issuance of the Convertible Notes, which entitle them to purchase Common Stock (i) at an exercise price of one hundred ten percent (110%) of the per share offering price of the offering made in connection with any “up-listing” of the Common Stock or (ii) prior to the determination of the per share offering price of the offering made in connection with any “up-listing” of the Common Stock and following such time if the “up-listing” contemplated is not completed by November 1, 2021, at an exercise price of $10.73. For purposes of this prospectus, we have assumed an exercise price of $9.35 per share of Common Stock (calculated based on 110% of the last reported sale price of our Common Stock ($8.50 per share) on the OTC Market Group, Inc.’s OTCQB tier on September 28, 2021).


which may indicate an expectation on mgmts part of completing by 11/1. at any rate i think its really close. and i'm excited to see the news flow once completed. i thnk the impact will be much greater than we've seen while on OTC. and Revenue growth is starting to kick in as well, which will only accelerate as we can move on from COVID, and WINR expansion plan is executed.