SharpLink Gaming Regains Full Compliance with Nasdaq Continued Listing Standards
February 08 2024 - 7:30AM
SharpLink Gaming Ltd. (Nasdaq: SBET) ("SharpLink"
or the "Company") today announced that it received formal
notification from the Nasdaq Stock Market (“Nasdaq”) that its
deficiency under Listing rule 5550(b) has been cured, and that the
Company is back in compliance with all applicable continued listing
standards. As a result, the hearing before the Nasdaq Listing
Qualifications Panel, originally scheduled for February 20, 2024,
has been cancelled; and SharpLink’s ordinary shares will continue
to be listed and traded on Nasdaq.
About SharpLink Gaming Ltd.
Founded in 2019, SharpLink is an online
performance marketing company that delivers unique fan activation
solutions to its sportsbook and casino partners. Through its
iGaming and affiliate marketing network, known as PAS.net,
SharpLink focuses on driving qualified traffic and player
acquisitions, retention and conversions to U.S. regulated and
global iGaming operator partners worldwide. In fact, PAS.net won
industry recognition as the European online gambling industry’s Top
Affiliate Website and Top Affiliate Program for four consecutive
years by both igamingbusiness.com and igamingaffiliate.com. For
more information, please visit www.sharplink.com.
Forward-Looking Statements
This release contains forward-looking statements
that are subject to various risks and uncertainties. Such
statements include statements regarding the Company’s ability to
grow its affiliate marketing business, the potential benefits of
the Company’s products, services and technologies and other
statements that are not historical facts, including statements
which may be accompanied by the words “intends,” “may,” “will,”
“plans,” “expects,” “anticipates,” “projects,” “predicts,”
“estimates,” “aims,” “believes,” “hopes,” “potential” or similar
words. Actual results could differ materially from those described
in these forward-looking statements due to certain factors,
including without limitation, the Company's ability to achieve
profitable operations, government regulation of online betting,
customer acceptance of new products and services, the demand for
its products and its customers' economic condition, the impact of
competitive products and pricing, the lengthy sales cycle,
proprietary rights of the Company and its competitors, general
economic conditions and other risk factors detailed in the
Company's annual report and other filings with the United States
Securities and Exchange Commission. The Company does not undertake
any responsibility to update the forward-looking statements in this
release.
CONTACT INFORMATION:
INVESTOR AND MEDIA RELATIONSir@sharplink.com
SharpLink Gaming (NASDAQ:SBET)
Historical Stock Chart
From Dec 2024 to Jan 2025
SharpLink Gaming (NASDAQ:SBET)
Historical Stock Chart
From Jan 2024 to Jan 2025