Rivalry - CEO, Steven Salz.
CEO, Steven Salz.
Source: Medium.
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  • Subordinate voting shares of Rivalry Corp. (RVLY) will commence trading on the OTCQX Best Market under the symbol RVLCF
  • Rivalry’s shares are now eligible for electronic clearing and settlement in the United States through the DTC
  • To qualify for OTCQX, Rivalry must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws
  • Rivalry owns and operates a sports betting and media property offering fully regulated online wagering on esports, traditional sports and casino games
  • Rivalry Corp. (RVLY) opened trading at C$1.42 per share

Subordinate voting shares of Rivalry Corp. (RVLY) will commence trading on the OTCQX Best Market under the symbol RVLCF.

Rivalry also announced that its shares are now eligible for electronic clearing and settlement in the United States through the DTC.

DTC eligibility will simplify the process of trading and enhance the liquidity of Rivalry’s subordinate voting shares in the U.S.

“We are pleased to reach this important milestone in our efforts to increase awareness of Rivalry among U.S. investors and broaden our shareholder base,” said Steven Salz, Co-Founder and CEO of Rivalry.

“Rivalry competes in a global sports betting and media marketplace with a unique strategy focused on young Millennials and Generation Z, and we believe our story may be of interest to investors internationally. Trading on the OTCQX should enhance the ease at which those investors can own our equity, which is aligned with the global nature of our strategy.”

The OTCQX Best Market offers established companies the advantages of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Investors benefit from convenient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers.

To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

Rivalry owns and operates Rivalry Limited, a leading sports betting and media property offering fully regulated online wagering on esports, traditional sports, and casinos for the next generation of bettors.

Based in Toronto, Rivalry operates in more than 18 countries.

Rivalry Corp. (RVLY) opened trading at C$1.42 per share.

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