Givex Begins Trading on OTCQX
Rhea-AI Summary
Givex Information Technology Group Limited has commenced trading on the OTCQX under the symbol GIVXF as of March 21, 2022. This move aims to enhance U.S. investor access to Givex shares in a cost-effective manner. The company's CEO, Don Gray, highlighted Givex's growth strategy, which includes successful acquisitions like Loyalty Lane and Kalex Equipment Services, as well as launching a gift card program with Maple Leaf Sports & Entertainment. Givex is a global fintech firm providing integrated solutions for merchant engagement across over 113,000 locations worldwide.
Positive
- Givex begins trading on OTCQX, improving accessibility for U.S. investors.
- Recent acquisitions and partnership expansions indicate a successful growth strategy.
- Givex has over 113,000 locations across more than 100 countries, highlighting global reach.
Negative
- None.
Broadens U.S. investor base with cost-effective way to trade Givex shares
TORONTO, March 21, 2022 /PRNewswire/ - Givex Information Technology Group Limited ("Givex") (TSX: GIVX) (OTCQX: GIVXF) is pleased to announce that Givex shares begin trading on the OTCQX today under the symbol "GIVXF".
Givex is a Toronto-headquartered global fintech platform with customer engagement solutions that empower merchants with knowledge and knowhow. Its people and technology support a diverse range of hospitality and retail merchants in the Americas, EMEA and ASEAN markets.
OTC Markets Group operates regulated markets for trading 12,000 U.S. and international securities. Trading on the OTCQX offers Givex efficient, cost-effective access to U.S. capital markets and allows the company to use Canadian market reporting.
"As an established, growth-with-profit fintech company with a 20-year history of U.S. based operations, we are very pleased to begin trading on OTCQX. OTCQX provides U.S. investors with a cost-effective method of trading Givex shares and broadens the base of U.S. investors," said Givex CEO Don Gray.
The recent purchases of Loyalty Lane and Kalex Equipment Services, combined with the launch of a gift card program with Maple Leaf Sports & Entertainment and expansion of the iFood Card into Colombia, demonstrates Givex's successful execution of its strategy of growth through acquisitions while maintaining earnings by way of established sales and marketing channels.
U.S. investors can find current financial disclosure and quotes for Givex shares on otcmarkets.com.
About Givex
Givex (TSX: GIVX; OTCQX: GIVXF) is a global fintech company providing merchants with customer engagement, point-of-sale, and payment solutions in a single platform. We are integrated with more than 1,000 technology partners, creating a fully end-to-end solution that delivers powerful customer insights. Our platform is used by some of the world's largest brands, comprising approximately 113,000 locations across more than 100 countries. Learn more at givex.com.
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SOURCE Givex