Business
Prospect Markets Announces Uplisting to OTCQB Venture Market in the United States
Calgary, Alberta--(Newsfile Corp. - March 25, 2026) - Prospect Prediction Markets Inc. (TSXV: MKT...
About this update from Prospect Prediction Markets Inc.
[{"type":"text","content":"Prospect Markets Announces Uplisting to OTCQB Venture Market in the United StatesCalgary, Alberta--(Newsfile Corp. - March 25, 2026) - Prospect Prediction Markets Inc. (TSXV: MKT) (OTCQB: MKTSF) (FSE: DEP) (\"Prospect Markets\" or the \"Company\") is pleased to announce that its common shares have been uplisted to the OTCQB Venture Market in the United States and will trade on the OTCQB Venture Market under the symbol \"MKTSF.\"The OTCQB Venture Market is a U.S. trading platform operated by OTC Markets Group Inc. for developing and entrepreneurial companies that are current in their financial reporting and undergo annual verification and management certification requirements.The Company believes the uplisting to OTCQB will enhance its visibility to U.S. investors and provide improved liquidity and transparency for its shareholders.Board ChangesThe Company also announces that Paul McKenzie has resigned from the Board of Directors, effective March 20, 2026. The Company thanks Mr. McKenzie for his contributions and wishes him the best in his future endeavours.Equity Incentive GrantsThe Company also announces that it has granted an aggregate of 250,000 incentive stock options (the \"Options\") under its stock option plan (the \"Plan\") to directors, officers and consultants of the Company. The Options vest as to 50,000 on grant and 200,000 in two equal tranches of 100,000 each upon the 6 and 12 month anniversaries of grant. Of the Options granted, 225,000 were granted to officers and directors. The Options are exercisable at a price of $0.31 per share in accordance with the policies of the TSX Venture Exchange (the \"TSXV\") and have a term of three (3) years. The Options are subject to the terms of the Plan and the approval of the TSX Venture Exchange.In addition, the Company has granted an aggregate of 2,250,000 restricted share units (the \"RSUs\") to certain directors, officers and advisors of the Company. The RSUs were granted pursuant to the Company's Omnibus Equity Incentive Plan and are subject to the terms of the plan and applicable regulatory approvals.Of the RSUs granted, a portion were granted to insiders of the Company. The grant of RSUs to insiders constitutes a \"related party transaction\" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions (\"MI 61-1...