Voyager Digital Ltd. (CSE: VYGR) announced today that it has received conditional approval to list its common shares on the Toronto Stock Exchange. Should the company start trading on TSX, it plans to voluntarily delist its stocks from the Canadian Securities Exchange.
“The company is now at a stage where investors could benefit from an up-listing to a more senior exchange. With Voyager’s crypto trading platform generating revenue and cash flow at an accelerating pace, we feel it’s time to uplist [sic] so that we can increase our exposure to a larger investor universe,” said Voyager Digital CEO Steve Ehrlich.
Finalizing the approval is conditional on meeting certain customary conditions required by the Toronto-based big board. The firm plans to trade on the TSX under the ticker symbol “VOYG”.
The crypto platform recently filed a preliminary short form base shelf prospectus to raise gross proceeds of up to US$300 million. Although, it is yet to share the timing of the offering and the purpose for its net proceeds.
Voyager Digital Ltd. last traded at $18.00 on the CSE.
Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.