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Spark Networks has announced that its American Depositary Shares expect to begin trading on the OTCQX Best Market under the ticker symbol LOVLY on September 8, 2023. The brand is the parent company of dating apps Zoosk, EliteSingles, Christian Mingle, and more.
Spark Networks announced that these shares will no longer be traded on the NASDAQ as of today.
OTCQX is the top tier of three markets organised by OTC Markets Group Inc. The market specialises in trading over-the-counter securities and is designed for established, investor-focused U.S. and international companies.
Investors can find current market information and real-time quotes for the Company on www.otcmarkets.com
Global Dating Insights reported in May that Spark Networks would be closing its Berlin offices and laying off around 200 full-time employees. In its recent Q2 financial report, the company’s Interim CEO highlighted that it would be looking to outsource a significant portion of its technology and operations.
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