Gamer Pakistan Inc. (Nasdaq: GPAK) on Monday became the first Pakistan-based company to list on National Association of Securities Dealers Automated Quotations Stock Market (NASDAQ).
Nasdaq Opening Bell rang on October 9 from 9:15 am to 9:30 am ET.
Gamer Pakistan is an early-stage technology and esports company focused on game development and in-game AI community engagement.
Gamer Pakistan is an esports company that was founded in 2021.
The company organizes esports events for people of all ages and genders in Pakistan. Gamer Pakistan has two subsidiaries: K2 Gamer Pakistan (PVT) Ltd. and Elite Sports Pakistan Pvt. Ltd.
The company has begun trading on the Nasdaq Capital Market on Monday under the ticker symbol "GPAK".
On September 28, Gamer Pakistan announced the pricing of its initial public offering (IPO) of 1,700,000 of $4.00 price per share.
The Nasdaq Opening Bell Ringing Ceremony is a tradition that dates back to 1953.
It is a way to celebrate the success of new companies listing on the Nasdaq exchange. The ceremony is also a way to promote the Nasdaq exchange and to attract new investors.