Legible Shares Commence Trading on U.S. OTCQB
Legible Inc. (CSE: READ) (FSE: D0T) (OTCQB: LEBGF) (“Legible” or the “Firm”) is delighted to announce that it has certified to commerce on the OTCQB Enterprise Market (“OTCQB”). Legible’s frequent shares will start buying and selling on the OTCQB efficient at this time beneath the ticker image LEBGF.
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The Firm’s frequent shares will proceed to commerce on the Canadian Securities Trade (“CSE”) beneath the image “READ” and the Frankfurt Inventory Trade (“FSE”) beneath the image “D0T”. Moreover, as introduced on January 10, 2023, Legible’s shares are DTC eligible for digital clearing and settlement with the Depository Belief Firm (“DTC”) for buying and selling within the U.S.
“We’re delighted to start buying and selling on the OTCQB. This an necessary milestone for Legible, which can assist improve our visibility and accessibility to a broader viewers of U.S. traders and brokers and construct consciousness with trade analysts as we advance our distinctive eReading and audiobook choices,” mentioned Kaleeg Hainsworth, Legible’s CEO. “We want to thank the staff at B. Riley Securities, headed by Ms. Becky Popoff, who supplied us with wonderful advisory providers and acted as our OTCQB Sponsor.”
The OTCQB is a U.S.-based clear buying and selling platform operated by the OTC Markets Group in New York and is the premier market for entrepreneurial and growth stage U.S. and worldwide corporations dedicated to offering a high-quality buying and selling and knowledge expertise for U.S. traders. To be eligible, corporations should be updated of their SEDAR monetary reporting, cross a minimal bid worth take a look at, and endure an annual firm verification and administration certification course of.
As a verified market with environment friendly entry to U.S. traders, the OTCQB helps Canadian corporations construct shareholder worth to enhance liquidity and obtain truthful valuation. Consequently, extra Canadian corporations are traded on OTC Markets than the New York Inventory Trade and Nasdaq mixed. The important thing advantages of buying and selling on the OTCQB embody environment friendly market requirements, transparency, visibility, and sturdy expertise.
Hainsworth added, “Legible’s administration staff is exploring methods to determine new partnerships within the US, much like our large-scale regional transit authority partnership with Go Transit in Ontario’s Larger Toronto Space, that can make eReading extra extensively accessible to U.S. clients and traders, and improve consciousness for the Legible model.”
About Legible Inc.
Legible Inc. is a guide leisure and media firm with a mission: hundreds of thousands of books for billions of readers, globally. Legible gives progressive eReading experiences to anybody anyplace with an internet-enabled system. Legible has developed two high-value verticals: a browser-based, mobile-first B2C eBook leisure platform delivering a world on-line bookstore and studying system for the rising internet with high-growth potential known as Legible.com; and a world B2B eBook conversion and manufacturing service with excessive income potential known as Legible Publishing. Based and led by a staff of technologists, authors, eBook publishers, designers, and publishing trade insiders, Legible is remodeling the digital publishing trade and gaining market share by way of progressive, twenty first century publishing and world studying experiences. Legible embraces core values of sustainability, accessibility, and world literacy.
Go to Legible.com and uncover the place the place eBooks come to life.
Cautionary Notice Relating to Ahead Wanting Data
This Press Launch incorporates sure statements which represent forward-looking statements or data (“forward-looking statements”), together with statements relating to Legible’s enterprise. Such forward-looking statements are topic to quite a few dangers and uncertainties, a few of that are past Legible’s management, together with the influence of basic financial situations, trade situations, foreign money fluctuations, the dearth of availability of certified personnel or administration, inventory market volatility and the flexibility to entry enough capital from inside and exterior sources. Though Legible believes that the expectations in its forward-looking statements are affordable, they’re primarily based on elements and assumptions regarding future occasions which can show to be inaccurate. These elements and assumptions are primarily based upon presently out there data. Such statements are topic to identified and unknown dangers, uncertainties and different elements that might affect precise outcomes or occasions and trigger precise outcomes or occasions to vary materially from these acknowledged, anticipated or implied within the forward- wanting data. As such, readers are cautioned to not place undue reliance on the forward- wanting data, as no assurance might be supplied as to future outcomes, ranges of exercise or achievements. The forward-looking statements contained on this doc are made as of the date of this doc and, besides as required by relevant regulation, Legible doesn’t undertake any obligation to publicly replace or to revise any of the included forward-looking statements, whether or not on account of new data, future occasions or in any other case. The forward-looking statements contained on this doc are expressly certified by this cautionary assertion.
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