Bragg Gaming Group Changes Composition of Board of Directors’ Audit Committee
May 05 2022 - 5:00PM
Business Wire
Bragg Gaming Group (NASDAQ: BRAG, TSX: BRAG) ("Bragg" or the
"Company"), a global B2B gaming technology and content provider,
announced today that Alex Spiro was appointed to serve on the Audit
Committee of the Board of Directors and that Rob Godfrey resigned
from the Audit Committee. Both changes occurred May 1, 2022.
Reflecting these changes, the Company’s Audit Committee is
comprised of Paul Pathak (Chair), Holly Gagnon and Alex Spiro. Each
of these three members of the Audit Committee meet the criteria for
director independence set forth in Rule 10A-3(b)(1) under the
Securities Exchange Act of 1934.
On May 4, 2022 Bragg received notice from the Nasdaq Stock
Exchange (“Nasdaq”) notifying it that prior to the above noted
changes in the composition of the Audit Committee, the Company was
not in compliance with Nasdaq’s Listing Rule 5810(b) which requires
that there must be three independent directors serving on the Audit
Committee. The non-compliance was the result of Paul Godfrey being
appointed Interim Chief Executive Officer on November 15, 2021
which caused Rob Godfrey to no longer be independent due to a
family relationship. With the above noted changes in the
composition of the Board, Bragg is now in compliance with Nasdaq
Listing Rule 5810(b).
About Bragg Gaming Group Bragg Gaming Group (NASDAQ:
BRAG, TSX: BRAG) is a growing global gaming technology and content
group and owner of leading B2B companies in the iGaming industry.
Since its inception in 2018, Bragg has grown to include operations
across Europe, North America and Latin America and is expanding
into an international force within the global online gaming
market.
Through its wholly-owned subsidiary ORYX Gaming, Bragg delivers
proprietary, exclusive and aggregated casino content via its
in-house remote games server (RGS) and ORYX Hub distribution
platform. ORYX offers a full turnkey iGaming solution, including
its Player Account Management (PAM) platform, as well as managed
operational and marketing services.
Nevada-based Wild Streak Gaming is Bragg's wholly owned premium
US gaming content studio. Wild Streak has a popular portfolio of
casino games that are offered across land-based, online and social
casino operators in global markets including the U.S. and U.K.
In May 2021, Bragg announced its planned acquisition of
Nevada-based Spin Games, B2B gaming technology and content provider
currently servicing the U.S. market. Spin holds licenses in key
iGaming-regulated U.S. states and supplies Tier 1 operators in the
region. Find out more.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220505005827/en/
Yaniv Spielberg Chief Strategy Officer Bragg Gaming Group
info@bragg.games
Joseph Jaffoni, Richard Land, James Leahy JCIR 212-835-8500 or
bragg@jcir.com
Bragg Gaming (NASDAQ:BRAG)
Historical Stock Chart
From Jun 2024 to Jul 2024
Bragg Gaming (NASDAQ:BRAG)
Historical Stock Chart
From Jul 2023 to Jul 2024