Business
Everyday People Attains DTC Eligibility, Enhancing Accessibility for U.S. and International Investors on the OTCQB, and Seeks to Extend Term of Warrants
Edmonton, Alberta--(Newsfile Corp. - December 20, 2023) - Everyday People Financial Corp. (TSXV:...
About this update from Everyday People Financial Inc
[{"type":"text","content":"Everyday People Attains DTC Eligibility, Enhancing Accessibility for U.S. and International Investors on the OTCQB, and Seeks to Extend Term of WarrantsEdmonton, Alberta--(Newsfile Corp. - December 20, 2023) - Everyday People Financial Corp. (TSXV: EPF) (OTCQB: EPFCF) (\"Everyday People\" or the \"Company\"), a Canadian-based revenue cycle management (\"RCM\") consolidator and financial service provider, is pleased to announce that it has obtained Depository Trust Company (\"DTC\") eligibility, a significant milestone that will enhance accessibility and liquidity for U.S. and International investors trading its common shares on the OTCQB Venture Market (\"OTCQB\"). Our Company's common shares trade under the ticker symbol \"EPFCF\" on the OTCQB. The Company will continue to trade on the TSX Venture Exchange under the ticker symbol \"EPF\". DTC eligibility streamlines the settlement process of securities transactions, allowing for faster and more efficient electronic transfers of shares. This achievement will contribute to a more seamless trading experience for investors and increase the overall efficiency of Everyday People's stock on the OTCQB market. The DTC is a subsidiary of the Depository Trust & Clearing Corporation (\"DTCC\") and acts as a central securities depository, providing electronic clearance and settlement of trades in the U.S. equity markets. DTC eligibility is expected to broaden Everyday People's investor base, attract institutional investors, and improve overall market liquidity.\"We are excited to announce that Everyday People has secured DTC eligibility, a crucial step in improving the accessibility and liquidity of our shares on the OTCQB,\" said Gordon Reykdal, Executive Chairman of Everyday People Financial Corp. \"This development is in line with our commitment to creating value for our shareholders and providing a more efficient trading environment for our investors.\"Everyday People is also pleased to announce that the Company has submitted an application to the TSX-V for the approval to extend the expiry date of 2,342,000 share purchase warrants (the \"Warrants\") issued on January 21, 2022, by one year. This proactive measure is designed to grant its investors additional time and flexibility, aligning with Everyday People's commitment to long-term shareholder satisfaction. The Company seeks to e...