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Simplicity Esports sets sights on NYSE Americanpublic offering

Simplicity Esports and Gaming Company has filed for a proposed public offering of its shares and warrants on the NYSE American.

Simplicity Esports will also apply to uplist from the OTCQB tier of the OTC Market Group, Inc. to the NYSE American, with a proposed firmly underwritten public offering by ThinkEquity.

Simplicity Esports is a North American organisation which owns and manages several esports teams, most notably Flamengo Esports, which competes in Brazil’s premier League of Legends competition CBLoL. Last month, the company—which also acts as a franchiser of esports gaming centres—secured a $500,000 (£425,000) investment from Triton Funds, a student-run fund manager in the USA.