Business
DeepMarkit Clarifies Market Maker Engagement Terms and U.S. Trading Symbol
Calgary, Alberta--(Newsfile Corp. - December 22, 2025) - DeepMarkit Corp. (TSXV: MKT) (OTCID: MK...
About this update from Prospect Prediction Markets Inc.
[{"type":"text","content":"DeepMarkit Clarifies Market Maker Engagement Terms and U.S. Trading SymbolCalgary, Alberta--(Newsfile Corp. - December 22, 2025) - DeepMarkit Corp. (TSXV: MKT) (OTCID: MKTSF) (FSE: DEP0) (\"DeepMarkit\" or the \"Company\") wishes to clarify certain information contained in its news release dated December 19, 2025, regarding the terms of its market maker engagement and to confirm the Company's current U.S. trading symbol.U.S. Trading SymbolThe Company wishes to advise that its common shares now trade on the OTC Markets under the symbol \"MKTSF\" (formerly \"MKTDF\"). This change reflects the Company's recent proposition to change the name from \"DeepMarkit Corp.\" to \"Prospect Markets Inc.\", subject to shareholder approval at the upcoming Annual General Meeting (\"AGM\", see November 28, 2025, press release) to align with its evolving business focus.Market Making ServicesThe Company also wishes to clarify the terms of its market making engagement as follows:The Company has engaged the services of ICP Securities Inc. (\"ICP\") effective December 15, 2025, to provide market making services pursuant to a market making agreement (the \"Market Making Agreement\"). ICP will provide automated market making services, including use of its proprietary algorithm, ICP Premium™. The Market Making Agreement is for an initial term of four (4) months (the \"Initial Term\") and shall be automatically renewed for subsequent one (1) month terms (each an \"Additional Term\") unless either party provides at least thirty (30) days written notice prior to the end of the Initial Term or an Additional Term, as applicable.Pursuant to the Market Making Agreement, the Company will pay ICP a monthly fee of $7,500 for acting as market maker.No stock options or other compensation are being granted in connection with this engagement. ICP is arm's length to the Company. The Company's engagement of ICP remains subject to the approval of the TSX Venture Exchange.\"As what we believe to be the first publicly traded prediction markets platform, we are taking a measured approach to building awareness among investors in both North America and Europe,\" said Steve Vanry, Chief Executive Officer. \"These engagements, together with our previously announced marketing initiatives, represent a comprehensive, multi-jurisdictional approach to expanding investor aware...