Redwood AI Announces Approval of Electronic Clearing and Settlement in the US through DTC

About this update from Redwood Ai Corp.

[{"type":"text","content":"\n \n(via TheNewswire)\n\n\n\n\n   \n\n\n\n\n \n\n\n\n\nAlso Announces Marketing Announcement\n\n\n\n\n\nVancouver, Canada – May 26, 2026 - TheNewswire – Redwood AI Corp. (CSE: AIRX) (OTCQB: RDWCF) (Frankfurt: Y0N, WKN: A422EZ) (\"Redwood\" or the \"Company\") is pleased to announce that its common shares have been approved for electronic clearing and settlement in the United States through the Depository Trust Company (\"DTC\"). DTC eligibility is expected to simplify the process of trading and enhance liquidity of Redwood's shares in the United States.\n\n\n\n\n\nDTC is a subsidiary of the Depository Trust & Clearing Corporation (“DTCC”) and provides electronic clearing and settlement services for publicly traded securities in the United States. DTC eligibility allows Redwood’s common shares to be held and transferred electronically through DTC’s system, which is commonly used by U.S. broker-dealers, banks and other market participants to process securities transactions.\n\n\n \n\n\n“Receiving DTC eligibility is an important step in improving access to Redwood AI for investors in the United States. By enabling electronic clearing and settlement, we believe Redwood’s shares will be more efficient for U.S. investors and brokerage firms to trade, supporting greater market efficiency and potential for broader investor participation,” said Louis Dron, CEO of Redwood AI.\n\n\n \n\n\nThe Company also announces that it has engaged InvestorBrandNetwork (“IBN”) (business address: 1108 Lavaca Street, Suite 110-IBN, Austin, TX 78701; telephone: 512-354-7000; website: www.IBN.ai; contact email: [email protected]), an arm’s length third-party, to provide market awareness, corporate communications and digital media services, including editorial content, press release recap-style coverage, newsletter coverage, social media relations support, podcast-related distribution and syndication through IBN’s investor-focused media network (the “Services”). The Company will pay IBN an aggregate cash fee of US$114,000 for the Services. The Services are scheduled to run until September 30, 2026, or budget exhaustion, and is structured to allow for ongoing evaluation and, accordingly, may be shortened or extended at the discretion of the Company. No securities have been provided to IBN or its principals as compensation for the Serv...

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