1. PixelPlaygroundHome
  2. Web3 News

NFT Gaming Approved for Listing on NASDAQ Capital Market

• Web3 News • 121 views

It is reported that NFT Gaming, a digital game development company, has announced that the company has been approved to list its common shares on the NASDAQ ca…

NFT Gaming Approved for Listing on NASDAQ Capital Market

It is reported that NFT Gaming, a digital game development company, has announced that the company has been approved to list its common shares on the NASDAQ capital market. The trading code of its common shares is NFTG. 1686747 shares of common shares are issued for the initial public offering at a price of $4.15 per common share, and the total income is about $7 million. The transaction is expected to start on February 15, 2023, but the final approval of NASDAQ is required.

NFT Gaming is approved to be listed on NASDAQ and plans to raise US $7 million through IPO

Interpretation of the news:


NFT Gaming, a digital game development company, has announced that it has been approved to list its common shares on the NASDAQ capital market. This news marks a significant achievement for the company and reflects the growing interest in the gaming industry. The trading code for NFT Gaming’s common shares will be NFTG, and the initial public offering will issue 1,686,747 shares at a price of $4.15 per share, making a total income of approximately $7 million. The company plans to begin trading on February 15, 2023, pending final approval from NASDAQ.

This announcement from NFT Gaming is indicative of the success of the company in the digital gaming industry. It also reflects the current trend of increased investment in this sector. The approval of common shares for trading on the NASDAQ capital market suggests that NFT Gaming is seen as a valuable asset within the industry and has potential for future growth.

The trading code assigned to the company’s common shares, NFTG, highlights the importance of non-fungible tokens (NFTs) within the game development industry. NFTs are digital assets that can be traded and exchanged within gaming platforms, allowing players to collect and exchange rare items. This technology has become increasingly popular in recent years and is expected to continue to grow in the future.

The company’s decision to issue 1,686,747 shares of common shares demonstrates its confidence in its future growth potential. The price of the shares at $4.15 suggests that the company believes its valuation will continue to rise in the coming years. It also shows that the company is looking to capitalize on the current trend of investment in gaming companies.

Overall, NFT Gaming’s announcement of its approval to list common shares on NASDAQ capital market is a positive sign for the digital gaming industry. The use of NFTs within the gaming industry and the growth potential of the sector suggest that it will continue to be a valuable asset for investors. NFT Gaming’s decision to go public reflects its confidence in its long-term potential and its commitment to growth.

This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/519/

It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.

Like (0)
Previous 02/15/2023 04:56
Next 02/15/2023 05:07

Recommended articles