The TSX Venture Exchange is a stock exchange in Canada headquartered in Calgary, Alberta, with offices in Toronto, Vancouver, and Montreal.
“Listing publicly on the TSXV marks the next major step in Rivalry's journey. We are building the most comprehensive betting and entertainment experience for the next generation globally, and feel we are just getting started,” said Steven Salz, Co-Founder and CEO of Rivalry. “Our team is grateful for the support of all our early investors and we look forward to continued mutual success.”
Rivalry became a public company upon being issued a receipt for its final (long-form) prospectus dated September 17, 2021 and following the completion in June of an oversubscribed offering of subscription receipts for gross proceeds of approximately US$22 million.
Rivalry is a fully regulated sports betting and sports media company operating globally where permitted. Focusing on eSports, the company has built Rivalry into the most engaged eSports betting brand in the world. With a wholly owned and internally developed proprietary tech stack, double digit month-over-month growth, and profitable customer unit economics, Rivalry is building the leading betting and entertainment destination for the next generation.
Rivalry is one of the main betting platforms in Brazil where it invests heavily in security, platforms, eSports, sponsorships and facilities such as paying with PIX to make users experience even more fun.
The company plans to build on this momentum through execution on the following priorities:
Source: GMB