Canadian Betting Firm Prepares U.S. Listing After 230% Surge
- Score Media asked shareholders to approve share consolidation
- Canada-listed shares have soared on possible change to law
Source: Getty Images
This article is for subscribers only.
Score Media and Gaming Inc. won shareholder approval for a stock consolidation Wednesday, putting the company in a better position to list south of the border.
The sports media and online betting company had sought approval to consolidate shares in preparation for a U.S. stock listing, as it seeks exposure to a broader investor base and deeper capital markets. Some exchanges require a minimum per-share price for listings.