Enhanced Collaborative, a significant force in the sports wagering media landscape, intends to publicly offer its stock on the Nasdaq Copenhagen Stock Exchange. The firm, currently traded on the Nasdaq Stockholm exchange, views this action as a return to its origins, considering its Danish heritage.
Anticipated to occur in the latter part of 2023, the initiative aims to elevate the company’s visibility and brand familiarity within Denmark. Although the precise timeline hinges on several elements, including approval from Nasdaq Copenhagen, the company expresses confidence in its strategy.
Crucially for current stakeholders, this dual listing will not entail the release of additional shares or modify the overall number of shares in circulation. Jesper Søgaard, co-founder and CEO of Enhanced Collaborative, emphasized the increasing engagement from Danish investors as a primary motivation for this choice.
Enhanced Collaborative, a digital athletics media conglomerate, has declared its aim to seek a dual listing on the Nasdaq Copenhagen exchange. This action follows a phase of substantial expansion for the firm since its inaugural public offering (IPO) in 2018.
Jens Bager, Board Chair, stressed the company’s robust market standing and aspiration to spearhead the international digital sports media sector. He underscored the importance of the Swedish listing five years prior and deems a dual listing in Denmark, Better Collective’s headquarters, a logical progression.
Bager commended the founder-driven leadership team for establishing a durable and readily scalable enterprise. He conveyed enthusiasm about connecting with Danish investors and inviting them to partake in the company’s ongoing voyage.