Nasdaq is Having Trouble With Yet Another Esports Company
Esports companies continue to keep Nasdaq’s Listings Qualifications Department busy. This time, Indian collegiate esports market-focused Mobile Global Esports received a notification letter due to not being in compliance with Nasdaq listing requirements less than a year after its July 2022 $6.9M USD initial public offering (IPO). Never heard of Mobile Global Esports, a Nasdaq-listed esports company? It probably evaded your attention by virtue of being a zero-revenue company looking for opportunities in a foreign market space. Nevertheless, Mobile Global...