Esports Entertainment voluntarily delisting from Nasdaq; moving to OTCQB to cut costs

ESPORTS ENTERTAINMENT GROUP, INC.

Board approved voluntary delisting of common stock, preferred stock, and warrants from Nasdaq.
Company was under Nasdaq Panel Monitor and not compliant with minimum stockholders' equity rule.
Form 25 expected to be filed on or about Feb 23, 2024; delisting effective ~10 days later.
Securities expected to trade on OTCQB Venture Market; company may later deregister and suspend SEC reporting.
CEO cites significant public-company costs and desire to focus on growth and profitability.

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