Tuesday, December 6, 2022
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Nasdaq Stockholm approves Aspire Global delisting

Aspire Global has announced that its application to delist from the Nasdaq First North Premier Growth Market has now been approved by Nasdaq Stockholm.

On June 15, 2022, following a request from its then takeover bidder NeoGames, Aspire detailed that it had lodged an application to be omitted from trading.

Under the terms of the acceptance, the last day of trading in Aspire Global’s shares on the Nasdaq First North Premier Growth Market will be July 4, 2022.

Speaking on social media, Tsachi Maimon, former CEO of Aspire and new President of a newly formed NeoGames igaming division, addressed recent moves that has seen Tel Aviv, Israel, headquared firm complete the transaction.

“A new great journey is about to begin for Aspire global. What a crazy nine years! So many achievements,” Maimon noted.

Adding: “I want to take this opportunity and thank my team. It’s us who did it. With hard work day and night! Also our great board who gave us the frame and guidance to do it. And of course our partners that go with us a long way. From strength to strength.

“We are starting a new journey today. Together with neogames. What a combination my god.”

Last week, NeoGames disclosed the completion of a previously announced tender offer to acquire Aspire, which saw a total of 99.31 per cent of the group’s shares be tendered. An expected settlement date for those gained during the extension of the acceptance period was set for the end of the month.

The shares of Aspire Global that remain outstanding will be subject to a squeeze-out proceeding which is expected to be completed by the aforementioned date in early-mid August.

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