VANCOUVER, BC, February 4, 2022 /CNW/ – datable technology company (TSXV: DAC) (the “Society“) Announces Successful Relisting of OTC Pink Sheets to OTCQB® Venture Market (the “OTCQB“). Datable resumed trading on the OTCQB with the market open on February 1, 2022under the symbol “TTMZF”.
The OTCQB, operated by OTC Markets Group Inc., is designed for developing and entrepreneurial businesses in United States and abroad. Companies must be up-to-date with their financial reports and undergo an annual management audit and certification process, including compliance with a minimum bid price and other financial conditions. With more compliance and quality standards, the OTCQB provides investors with greater visibility to improve trading decisions. The OTCQB is recognized by the United States Securities and Exchange Commission as an established public market providing public information for the analysis and value of securities.
“The OTCQB re-listing was important to us because it provides greater continued visibility within the investment community, which has improved our liquidity and expanded our access to institutional and retail investors,” said Rob Craig, CEO of Datatable. “Re-registration with the OTCQB was required following our request on November 23, 2021 to the Investment Industry Regulatory Organization of Canada (“IIROC“) and Financial Sector Regulatory Authority (“FINRA“) for a temporary suspension (stop) of trading in our shares pending the press release of the November 232021. As the shutdown lasted more than four days, our shares were automatically transferred to the OTC Pink market on December 2, 2021.”
At January 20, 2022the Company granted a total of 7,900,000 restricted stock units (“USR“) to directors, key employees and consultants of which 5,475,000 were immediately converted into ordinary shares of the Company. On the same day, the Company also granted stock options to directors, key employees and consultants of the Company for the purchase of 2,200,000 ordinary shares in the capital of the Company at an exercise price of $0.05 up to January 20, 2027.
About Datatable Technology Corporation
Datable has developed an exclusive mobile-based consumer marketing platform – PLATFORM3 – which is sold to global consumer packaged goods (CPG) companies and consumer brands. PLATFORM3 is provided as a subscription service (Software as a Service model) and used by CPG companies to engage consumers, reward purchases, and collect valuable consumer data. PLATFORM3 incorporates proprietary technology to monetize consumer data, including demographics and shopping behavior, by sending consumers targeted offers via email and SMS. For more information, visit datatablecorp.com.
For more information about the company, please visit www.sedar.com. The TSX Venture Exchange Inc. has in no way passed on the merits of the transaction and has neither approved nor disapproved of the contents of this press release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release contains forward-looking information, which involves known and unknown risks, uncertainties and other factors that may cause actual events to differ materially from current expectations. Important factors – including the availability of funds and the results of financing efforts – that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time on SEDAR (see www.sedar.com). Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
SOURCE Datatable Technology Corp.
For further information: Datable Technology Corporation, Robert Craig, President and CEO, (604) 639-5441, [email protected]