Golden Matrix (NASDAQ: GMGI), a developer and licensor of online gaming platforms, systems and gaming content, has announced that the Nasdaq Stock Market LLC has approved the listing of the company’s common stock on the Nasdaq Capital Market (“Nasdaq”), which began trading under the current symbol, GMGI, at the open of market on Thursday, March 17, 2022. “Uplisting our common stock to Nasdaq is extremely important to Golden Matrix, at a time when we are expanding rapidly and entering into new global markets,” said CEO Brian Goodman. “We expect the uplisting to significantly improve the company’s visibility, broaden our base of both retail and institutional stakeholders, and lead to enhanced long-term shareholder value. Additionally, we believe this uplisting will further strengthen our ability to execute on the company’s acquisition strategy with the goal of accelerating both revenue and profit growth going forward.”
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About Golden Matrix Group Inc.
Golden Matrix, based in Las Vegas, Nevada, is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located primarily in the Asia Pacific region. The gaming IP includes tools for marketing, acquisition, retention and monetization of users. The company’s platform can be accessed through both desktop and mobile applications. The company, through its 80% owned subsidiary, also runs a pay-to-enter prize competition in the United Kingdom and Ireland. Golden Matrix’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information, visit the company’s website at www.GoldenMatrix.com.
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