Enthusiast Gaming Files SEC Registration Statement

TORONTO, April 13, 2021 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (TSX:EGLX) (OTCQB: ENGMF) (FSE:2AV), the largest gaming media platform in North America, reaching over 300 million monthly video game and esports fans worldwide, is pleased to announce that it has filed a Registration Statement on Form 40-F with the United States Securities and Exchange Commission (“SEC”). Enthusiast Gaming will become a reporting issuer in the United States following effectiveness of the Form 40-F, in addition to being a reporting issuer in Canada. A copy of the Form 40-F is available on EDGAR and the Company's website at www.enthusiastgaming.com.

The Form 40-F being declared effective by the SEC is a requirement for the listing of the Company’s common shares on NASDAQ. The Company will issue a press release announcing the first trading date of its common shares on NASDAQ following the receipt of the remaining approvals.

“While we are very much a global company, the US remains our most prominent source of audience and revenue. Naturally, a US registration is a significant milestone for the Company,” commented Adrian Montgomery, CEO of Enthusiast Gaming. “We are the largest gaming media platform in North America and believe a NASDAQ listing will allow us to enlarge our shareholder base and accelerate our growth strategy, including our M&A roadmap. This registration statement is a final step towards a NASDAQ listing.”

Enthusiast Gaming has a significant operational presence in the US, including an operations office, broadcast studio, and sales group in Los Angeles, and additional sales groups in New York and Chicago. The Company is a member of the ‘Comscore 100’ ranking of the top Internet Properties in the US, the largest in the Gaming Information category on mobile devices and uniquely positioned at the intersection of the GenZ and video game markets, with its 100 websites, 1,000 YouTube channels, and leading esports organization, Luminosity Gaming, with its celebrity gamers, influencers, and teams.

About Enthusiast Gaming

Enthusiast Gaming is building the largest media platform for video game and esports fans to connect and engage worldwide. Reaching over 300 million gamers every month, the Company is a member of the ‘Comscore 100’ ranking of the top Internet Properties in the US and the largest in the Gaming Information category on mobile devices. Combining the elements of its four core pillars; Media, Talent, Esports and Experiential, Enthusiast Gaming provides a unique engagement opportunity resulting in more points of connection than any other video game and esports platform, with unparalleled access to the influential and lucrative GenZ and Millennial audience. Through ownership and exclusivity of our array of digital media and entertainment assets, we have built a vast and proprietary network of like-minded communities - we own the fan experience.