SMAAASH Entertainment Inc. Announces Change of Company Name and Symbol
January 07 2019 - 10:22AM
SMAAASH Entertainment Inc. (NASDAQ: SMSH) (the “Company”),
announced it has changed its name to Simplicity Esports and Gaming
Company as a result of the previously announced business
combination with Simplicity Esports LLC. The Company’s common stock
and warrants will begin trading on NASDAQ under the ticker “WINR”
and “WINRW,” respectively, on January 8, 2019.
About SMAAASH Entertainment
Inc.:SMAAASH Entertainment Inc. (NASDAQ:SMSH), completed
its transaction with SMAAASH Entertainment Pvt. Ltd (“SMAAASH
Private”) on November 20, 2018. SMAAASH Private is a global
entertainment company offering interactive sports experiences and
virtual reality gaming technology. On December 31, 2018, SMAAASH
Entertainment Inc. combined with NBA Memphis Grizzlies Minority
Owner Jed Kaplan’s Simplicity Esports. Simplicity is an established
brand in the esports industry with an engaged fan base
competing in popular games across different genres, including PUBG,
Gears of War, Injustice 2 and NHL 19. The Simplicity
stream team encompasses groups of
casters, influencers and personalities
who connect to a dedicated fan base which has viewed
and consumed millions of minutes of Simplicity content
cumulatively on various social media monthly.
FORWARD-LOOKING STATEMENTS
This press release contains statements that
constitute “forward-looking statements”. Forward-looking statements
are subject to numerous conditions, many of which are beyond the
control of the Company, including those set forth in the Risk
Factors section of the Company’s definitive proxy statement filed
with the SEC on September 19, 2018, as amended. Copies are
available on the SEC’s website, www.sec.gov. The Company undertakes
no obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
INVESTOR RELATIONS CONTACT:
SMAAASH Entertainment, Inc.Roman
Franklinroman@simplicityesports.com561-819-8586
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