Canada’s Enteractive to get NASDAQ listing through SPAC merger

Content Team October 19, 2022

Share it :

Canada’s Enteractive to get NASDAQ listing through SPAC merger

Enteractive Media is set to gain a listing on NASDAQ through a merger with special purpose acquisition company Parsec Capital Acquisitions.?

The merger has been approved by the boards of both companies and is expected to be completed in the fourth quarter of this year, subject to regulatory approvals.?

Calgary-based Enteractive was established in 2013. It’s a business that acts as a gateway between consumers and gambling operators.? Enteractive Media’s wholly owned subsidiary “PlayerVision” provides consumers with gambling-themed television broadcasts, on demand video, and “Join in Play ” synchronous live video-streamed sports wagering programming.

Enteractive poised for growth

The board of directors of the combined company will consist of one director designated by Parsec and four directors designated by Enteractive Media.?

“We are excited to have Enteractive for this business merger and look forward to consummating this transaction,” Parsec Chair and CEO Patricia Thompeter said. “ We believe that, with the value proposition Enteractive brings to this transaction, it is well-positioned for substantial growth and sustainability. We view the transaction valuation as highly attractive to investors. We believe that through our merger, coupled with the management’s background we have the potential to create significant value for shareholders.”

Join us: 14 – 18 November 2022 MALTA
Being one of the first European countries to regulate the gaming sector, Malta is a hub of global business. The island is an obvious choice for SiGMA’s presence in Europe and a strong foundation for the field’s future. With a plethora of prospects for both investors and entrepreneurs looking to shape the future of this multi-billion dollar business, Malta Week will bring together industry giants among the affiliates, operators, and suppliers of the gaming sector. Our networking activities, including the extra cultural excursions, dinners, and networking drinks are solely open to Premium and Platinum ticket holders. Choose your ticket type?here.

SiGMA – World Gaming Festival – SiGMA 2022: MFCC, Malta

SiGMA World is a leading platform for igaming, betting & esports industries. With a well-earned reputation for networking events.

?

Recommended for you