Simplicity Esports and Gaming Company Announces Commencement of Trading on OTCQB
January 25 2019 - 9:07AM
Simplicity Esports and Gaming Company (OTCQB: WINR) (the
“Company”), announced it will begin trading on January 25, 2019 on
the OTCQB. Management decided that temporarily moving to the OTCQB
is more appropriate in the interim, while Simplicity builds out its
planned network of retail esport centers. The continuity of our
business plan, direction and goals of the company remain unchanged
as we continue to build shareholder value. Jed Kaplan, CEO, stated,
“Simplicity intends to rejoin NASDAQ in the near future when it’s
most suitable for the benefit of our shareholders and completely
aligns with the growth and development of our business.”
About Simplicity Esports and Gaming
Company:
Simplicity Esports and Gaming Company (OTCQB:
WINR), (f/k/a I-AM Capital Acquisition Company), completed its
transaction with SMAAASH Entertainment Pvt. Ltd (“SMAAASH Private”)
on November 20, 2018. SMAAASH Private is a global entertainment
company offering interactive sports experiences and virtual reality
gaming technology. On December 21, 2018, SMAAASH Entertainment Inc.
announced it had entered into definitive agreements to combine with
NBA Memphis Grizzlies minority owner Jed Kaplan’s Simplicity
Esports. Simplicity is an established brand in the esports
industry with an engaged fan base competing in popular games across
different genres, including PUBG, Gears of War, Injustice 2, Smite,
and multiple EA Sports titles.
FORWARD-LOOKING STATEMENTS
This press release contains statements that
constitute “forward-looking statements”. Forward-looking statements
are subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s definitive proxy statement filed
with the SEC on September 19, 2018, as amended. Copies are
available on the SEC’s website, www.sec.gov. The Company undertakes
no obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
INVESTOR RELATIONS CONTACT:
Simplicity Esports and Gaming CompanyRoman
FranklinRoman@SimplicityEsports.com561-819-8586