VIP Play, Inc. Announces Uplisting to OTCQB Venture Market Trading
Rhea-AI Summary
VIP Play (OTCQB: VIPZ), a mobile gambling operator in U.S. gaming markets, has successfully uplisted from OTC Pink Sheets to the OTCQB Venture Market. The company's common shares commenced trading under the symbol 'VIPZ' on March 18, 2025.
The uplisting to OTCQB, a U.S. trading platform operated by OTC Markets Group Inc., is expected to provide enhanced liquidity and improved trading experience for shareholders. According to CEO Bruce Cassidy, this move represents a significant milestone that should increase the company's visibility within the investment community and improve access to institutional capital.
The OTCQB platform is specifically designed for early-stage and developing companies, requiring current reporting status and annual verification processes.
Positive
- Uplisting from Pink Sheets to OTCQB Venture Market
- Potential for increased trading liquidity
- Enhanced access to institutional capital
- Greater market visibility and transparency
Negative
- Still trading on over-the-counter market rather than major exchange
News Market Reaction – VIPZ
On the day this news was published, VIPZ gained 9.52%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Bruce Cassidy, VIP Play, Inc. CEO & Chairman of the Board, said: "While VIP Play has been trading on the OTC Pink Sheets the last few years, this uplisting to the higher-standard OTCQB is an important milestone for our Company and its Shareholders. We believe this will enhance the visibility and transparency of VIP Play within the investment community, improve our access to institutional capital, and create a more efficient market for investors."
The OTCQB is a
About VIP Play, Inc.
VIP Play, Inc. (OTCQB: VIPZ) is an online gaming operator, currently doing business in the state of
For further information on our Company please visit our website at www.vipplayinc.com or www.otcmarkets.com/stock/VIPZ/quote.
Safe Harbor Statement and Disclaimer
This news release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, VIP Play's expected performance, ability to compete in the highly competitive markets in which it operates, statements regarding VIP Play's ability to develop talent and attract future talent, the success of strategic actions VIP Play is taking and the impact of strategic transactions. Forward-looking statements give our current expectations, opinion, belief or forecasts of future events and performance. A statement identified by the use of forward-looking words including "will," "may," "expects," "projects," "anticipates," "plans," "believes," "estimate," "should" and certain of the other foregoing statements may be deemed forward-looking statements. Although VIP Play believes that the expectations reflected in such forward-looking statements are reasonable, these statements involve risks and uncertainties that may cause actual future activities and results to be materially different from those suggested or described in this news release. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. VIP Play takes no obligation to update or correct its own forward-looking statements, except as required by law, or those prepared by third parties that are not paid for by VIP Play. VIP Play's Securities and Exchange Commission filings are available at www.sec.gov.
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SOURCE VIP Play, Inc.