Shares in London-listed gaming supplier GAN gained over 15
per cent on Tuesday after the company released further details of its proposed
move from London to the Nasdaq stock market.
The move from London’s AIM market will see GAN UK and its
subsidiaries reorganise under a new Bermuda-incorporated parent company, GAN
Bermuda, which would be listed on Nasdaq.
In order to meet Nasdaq listing requirements, GAN has
proposed a four for one share consolidation, giving shareholders one GAN Bermuda
share for every four [...]