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Aerkomm Enters Liquidity Contract with Invest Securities
Aerkomm Enters Liquidity Contract with Invest Securities.
About this update from Aerkomm Inc.
[{"type":"text","content":"\n\n\n\nAerkomm Enters Liquidity Contract with Invest Securities\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nAerkomm Enters Liquidity Contract with Invest Securities\nPR Newswire\nFREMONT, Calif., Jan. 13, 2020\n\n\n\nFREMONT, Calif., Jan. 13, 2020 /PRNewswire/ -- (OTCQX: AKOM; Euronext Paris: AKOM) -- Aerkomm Inc. (\"Aerkomm\"), a development stage service provider of in-flight entertainment and connectivity solutions for the airline industry, announced today that it has entered into a liquidity contract with Invest Securities, a Paris-based provider of investment services, member of the Euronext stock exchange with authorization from the Autorité de Contrôle Prudentiel et de Résolution (ACPR), and registered with the Register of Financial Agents (REGAFI), relating to Aerkomm shares (ISIN US00774B2088), which will be implemented immediately. This contract has been established in compliance with the provisions of the legal framework in force, and more particularly with the decision of the French financial market authority, the AMF, n°2018-01 of July 2, 2018 (the \"AMF Decision\") and any other provisions referred to therein.\n\n \n \n\n \nThe transactions in relation to the liquidity contract will be carried out on Euronext Paris (the \"Market\").\nThe performance of the liquidity contract may be suspended in the cases provided for in Article 5 of the AMF Decision and at Aerkomm's request. It is automatically suspended if the trading of Aerkomm shares is halted following a decision by Euronext Paris, for the duration of such halt. The contract, which has a term of two years and which may be renewed by formal agreement between the parties for successive one-year terms, may be terminated at any time by Aerkomm.\nFor the implementation of this contract, the following resources will be recorded on the liquidity account: 200,000 euros in cash.\nAbout Aerkomm Inc.\nAerkomm Inc. (OTCQX: AKOM; Euronext Paris: AKOM), operating through its wholly owned subsidiary, Aircom Pacific, Inc., is a development stage service provider of in-flight ente...