Business
Kneat Announces OTCQX Listing and DTC Eligibility
Kneat Announces OTCQX Listing and DTC Eligibility Canada NewsWire LIM...
About this update from Kneat.com, Inc.
[{"type":"text","content":"\n \n \n \n Kneat Announces OTCQX Listing and DTC Eligibility\n \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 \n Canada NewsWire\n \n \n \n \n \n LIMERICK,\n \n Ireland\n \n \n ,\n \n \n March 31, 2022\n \n \n /CNW/\n \n – kneat.com, inc.\n \n (TSX: KSI) (OTCQX: FBAYF)\n \n (\"Kneat\"\n \n or the\n \n \"Company\")\n \n a leader in digitizing and automating validation processes, announced today that its common shares (the \"\n \n Shares\n \n \") will commence trading on the OTCQX® Best Market today, under the symbol \"FBAYF\".\n \n \n \n \n \n \n \n \n \n Kneat also announced that its Shares are now eligible for electronic clearing and settlement in\n \n the United States\n \n through the Depository Trust Company (\"\n \n DTC\n \n \"). DTC is a subsidiary of the Depository Trust & Clearing Corporation, a U.S. company that manages the electronic clearing and settlement of publicly traded companies. DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company's Shares in\n \n the United States\n \n .\n \n \n \n Eddie Ryan\n \n , Chief Executive Officer of Kneat commented, \"Listing on the OTCQX is a significant milestone for Kneat and a logical next step for the company. We believe that the listing and DTC eligibility will increase Kneat's visibility among U.S. investors and enhance access for shareholders seeking to gain exposure in the high-growth Life Sciences digital solutions marketplace.\"\n \n \n Kneat's common shares will continue to trade on the TSX under the symbol \"KSI\".\n \n \n The OTCQX® Best Market offers established companies the advantages of being publicly traded in the U.S. with lower cost and complexity than a U.S. exchange listing. Investors benefit from convenient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and trusted disclosure that is made broadly available to broker-dealers and market data providers. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and de...