Urbanimmersive Commences Cross-Trading on the OTCQB® Venture Market
2020年12月16日 - 11:00PM
Urbanimmersive Inc. (“
Urbanimmersive” or the
“
Company”) (TSX VENTURE: UI) (OTCQB: UBMRF) is
pleased to announce that its common shares
(“
Shares”) will commence cross-trading today on
the OTCQB Market in New York, U.S. under the ticker symbol
“
UBMRF”. The Company was previously trading on the
OTC Pink under the same ticker.
The OTCQB is a US inter-dealer quotation system
and trading platform operated by the OTC Markets Group. To be
eligible for quotation on the OTCQB, companies must be current in
their reporting and undergo an annual verification and management
certification process. Companies must also meet a minimum bid price
test and other financial conditions. The OTCQB is recognized by the
U.S. Securities and Exchange Commission, and operates as an
established public market for venture stage companies and provides
current public information to investors for them to analyze, value,
and trade securities.
Simon Bedard, CFO of
Urbanimmersive, said: “We are excited to have successfully
completed our submission on the OTCQB Venture Market which is a
significant and timely milestone for us considering our recent
business development, especially with the scale up of our new
immersive solutions into the U.S. market. Our objectives for this
cross-trading quotation include, among other things, to improve
transparency, awareness and visibility for shareholders, broaden
our U.S. investor base by increasing exposure to U.S. retail and
institutional investors, provide access to a deeper pool of
capital, improve our U.S. tradability, all in the service of higher
volume and liquidity, maximization of information distribution and
ultimately an increase in shareholder value.”
"I would like to thank Nikolaos Galanopoulos of
Galanopoulos & Company, our corporate securities law firm
sponsor, for assisting Urbanimmersive with this OTCQB
submission."
Joe Coveney, VP of International
Corporate Services at OTC Markets, said: "We are happy to
welcome Urbanimmersive to the OTCQB Market. With its primary
listing remaining on the TSX Venture Exchange in Canada,
cross-trading on the OTCQB Market will allow the Company to broaden
its global footprint and provide investors in the U.S. with the
ability to access the Company’s shares in U.S. dollars, during U.S.
market hours.
The OTCQB Market supports international
companies seeking to strengthen visibility and transparency within
the U.S. public markets. Trading on the TSXV and on the OTCQB
Market will enable Urbanimmersive to efficiently build global
investor awareness and provide U.S. investors with a seamless
trading experience, enabling investors to more easily trade through
the broker of their choice. We congratulate Urbanimmersive on
joining our OTCQB Market."
TSX Venture Exchange has not reviewed this press
release and has neither approved nor disapproved the contents of
this press release.
About
UrbanimmersiveUrbanimmersive is a SaaS business management
solution that provides mission-critical solutions to visual content
providers serving the real estate residential, commercial,
construction, and local business markets. Urbanimmersive’ platform
helps customers to increase operational productivity and delivering
the full potential of visual content creations through leading-edge
website builder tools, AI-backed image indexing, robust file
transfer systems, and interactive visual technology solutions. The
firm's core technology is a 3D emulator powered by a visual content
recognition post-production algorithm that delivers online and
offline alternatives to traditional 3D engines for the creation of
immersive digital environments. Learn more at
www.urbanimmersive.com.
About OTC Markets GroupOTC
Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market,
the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S.
and global securities. Through OTC Link® ATS and OTC Link
ECN, the Group connects a diverse network of broker-dealers that
provide liquidity and execution services, enabling investors to
easily trade through the broker of their choice and empower
companies to improve the quality of information available for
investors.
To learn more about how OTC Markets create
better informed and more efficient markets, visit
www.otcmarkets.com.
OTC Link ATS and OTC Link ECN are SEC regulated
ATSs, operated by OTC Link LLC, member FINRA/SIPC.
Caution of Forward-Looking
Statements:Certain statements in this news release, other
than statements of historical fact, are forward-looking information
that involves various risks and uncertainties. Such statements
relating to, among other things, the prospects for the company to
enhance operating results, are necessarily subject to risks and
uncertainties, some of which are significant in scope and nature.
These uncertainties may cause actual results to differ from the
information contained herein. There can be no assurance that such
statements will prove to be accurate. Actual results and future
events could differ materially from those anticipated in such
statements. These and all subsequent written and oral
forward-looking statements are based on the estimates and opinions
of the management on the dates they are made and expressly
qualified in their entirety by this notice. The Company assumes no
obligation to update forward-looking statements should
circumstances or management estimates or opinions change.
For more information, please
contact:
Urbanimmersive Inc. Ghislain Lemire President
& CEO 514-394-7820
X 202ghislainlemire@urbanimmersive.com
Simon Bédard, CA, CPA, CFA, MBAChief Financial
Officer514 394-7820
X 224simonbedard@urbanimmersive.com
Urbanimmersive (TSXV:UI)
過去 株価チャート
から 12 2024 まで 1 2025
Urbanimmersive (TSXV:UI)
過去 株価チャート
から 1 2024 まで 1 2025