Nasdaq listing will ease investor concerns about an ongoing research into Amaya by the Quebec financial regulator.
Amaya Inc is authorized for listing on the Nasdaq Global Select Market and expects to begin trading on June 8 under the AYA ticker symbol, the company announced this week.
The group has exchanged regarding the Toronto Stock exchange since 2013, but Amaya feels that the Nasdaq listing will represent a step up into the big leagues, befitting its newfound status as a gaming giant that is global.
It will help assuage concerns about an investigation that is ongoing the Montreal financial regulator, Autorité des Marchés Financiers (AMF).
Amaya’s share costs took a hit that is temporary its Canadian offices had been raided in December included in a probe into alleged improper conduct in the lead up towards the organization’s $4.9 billion takeover of PokerStars.
Within the full weeks ahead of the acquisition announcement [...]