via NewMediaWire --
NextPlay Technologies, Inc. (NASDAQ:
NXTP), a technology solutions company building a
digital business ecosystem for digital advertisers, consumers,
video gamers and travelers, has appointed two independent
directors, Edward “Terry” Gardner, Jr., and Farooq Moosa, to its
board of directors. Following the appointments, the board is now
composed of 10 members.
“We welcome Terry and Farooq to our board, whose professional
careers have been dedicated to analyzing companies and making
corporate finance decisions involving investments from around the
world,” stated NextPlay Co-CEO Nithinan ‘Jessie’
Boonyawattanapisut. “They each bring a unique combination of
capital markets knowledge and operational experience to our
company, which we believe will be valuable to our team as we
continue on our course for growth at NextPlay.”
Edward “Terry” Gardner Bio
Mr. Gardner, a portfolio strategist, and
investment manager, brings over 25 years of experience to NextPlay
in capital markets, equity research, and investment management. He
is currently a partner at C.J. Lawrence, where he is a portfolio
strategist, investment manager, and chairman of the firm’s
Investment Committee. He has held senior analytical and management
roles at Deutsche Bank Securities, ITG, and Soleil Securities
Group.
Earlier, Mr. Gardner was an equity research
analyst covering the ground transportation industry and was ranked
as the Top Stock Picker in his category in the Wall Street
Journal’s All-Star Analyst survey. He holds a Bachelor of Arts in
Economics from St. Lawrence University.
“I look forward to collaborating with management
and the board to drive shareholder value,” stated Mr.
Gardner. “NextPlay is on the cutting edge of digital
transformation, having assembled an impressive array of assets to
capitalize on secular changes in today's global economy. I’m
looking forward to applying my capital markets and investment
experience to help the company pursue paths that deliver financial
performance and build shareholder value.”
Farooq Moosa Bio
Mr. Moosa currently serves as president and CFO of
Avenir Senior Living. He brings to NextPlay more than 20 years of
extensive experience in investment banking, asset management,
equity and debt capital markets, investment fund administration and
wealth management.
Mr. Moosa previously served as managing director
at Echelon Wealth Partners and Artemis Investment Management, and
earlier as director of global investment banking at Scotiabank and
held various positions, including president, CEO, and director, of
Scotia Managed Companies Administration, a wholly owned subsidiary
of Scotiabank. Prior to Scotiabank, he served as VP of equity
capital markets at BMO Capital Markets.
Moosa holds an MBA from Wilfrid Laurier University
and a Bachelor of Arts (Honours Standing) from Western
University.
“I’m excited to join NextPlay’s board at this
pivotal stage in its growth and commercial development,” commented
Moosa. “NextPlay’s transformation through several recent
synergistic acquisitions is remarkable. It has created a unique
digital ecosystem of in-game ad-tech, crypto-banking, fintech,
Connected TV, travel and tourism.”
Gardner’s appointment is effective December 9,
2021 and Moosa’s appointment took effect on November 23,
2021.
About NextPlay Technologies
NextPlay Technologies, Inc. (Nasdaq: NXTP) is a
technology solutions company offering games, in-game advertising,
crypto-banking, connected TV and travel booking services to
consumers and corporations within a growing worldwide digital
ecosystem. NextPlay’s engaging products and services utilize
innovative AdTech, Artificial Intelligence and Fintech solutions to
leverage the strengths and channels of our existing and acquired
technologies. For more information about NextPlay Technologies,
visit www.nextplaytechnologies.com and follow us
on Twitter @NextPlayTech and LinkedIn.
Forward-Looking Statements
This press release includes “forward-looking
statements” within the meaning of, and within the safe harbor
provided by the Safe Harbor Provisions of the Private Securities
Litigation Reform Act of 1995, Section 27A of the Securities Act of
1933, as amended, and Section 21E of the Securities Exchange Act of
1934, as amended. Forward-looking statements give our current
expectations, opinions, belief or forecasts of future events and
performance. A statement identified by the use of forward-looking
words including, without limitation, “will,” “may,” “expects,”
“projects,” “anticipates,” “plans,” “believes,” “estimate,”
“should,” and certain of the other foregoing statements may be
deemed forward-looking statements. Although the Company believes
that the expectations reflected in such forward-looking statements
are reasonable, these statements involve risks and uncertainties
that may cause actual future activities and results to be
materially different from those suggested or described in this news
release. Information about the risks and uncertainties faced by the
Company are detailed from time to time in the Company’s periodic
reports filed with the SEC, including its most recent Annual Report
on Form 10-K and Quarterly Reports on Form 10-Q, under the headings
“Risk Factors.” These reports are available at www.sec.gov.
Other unknown or unpredictable factors also could have material
adverse effects on the Company’s future results and/or could cause
our actual results and financial condition to differ materially
from those indicated in the forward-looking statements. Investors
are cautioned that any forward-looking statements are not
guarantees of future performance and actual results or developments
may differ materially from those projected. The forward-looking
statements in this press release are made only as of the date
hereof. The Company takes no obligation to update or correct its
own forward-looking statements, except as required by law, or those
prepared by third parties that are not paid for by the Company. If
we update one or more forward-looking statements, no inference
should be drawn that we will make additional updates with respect
to those or other forward-looking statements.
SOURCE: NextPlay Technologies
Company Contacts:
NextPlay Technologies, Inc
Richard Marshall
Director of Corporate Development
Tel (954) 888-9779
rmarshall@monakergroup.com
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