VIQ Solutions Announces TSXV Listing and Voluntary Delisting from TSX

Rhea-AI Summary

VIQ Solutions (TSX: VQS) announced conditional approval to list its common shares on the TSX Venture Exchange (TSXV) and a voluntary delisting from the Toronto Stock Exchange (TSX).

The company said its management and board determined the transition better suits its current market capitalization, cost profile and the private placement and financing rules available to TSXV issuers. VIQ expects to delist from the TSX on or about October 20, 2025 and list on the TSXV on or about October 21, 2025. VIQ will remain a reporting issuer during the transition and will retain the trading symbol VQS. No shareholder action or approval is required under TSX policies.

Positive

• Voluntary TSX delisting effective on or about Oct 20, 2025
• Expected TSXV listing on or about Oct 21, 2025
• Company will remain a reporting issuer during the transition
• No shareholder action or approval required to proceed

Negative

• Listing change driven by current market capitalization and financing rules on TSXV

Mississauga, Ontario--(Newsfile Corp. - October 9, 2025) - VIQ Solutions Inc. (TSX: VQS) ("VIQ", "VIQ Solutions" or the "Company"), a global provider of secure, AI-driven, digital voice and video capture technology and transcription services, is pleased to announce it has received conditional approval to list its common shares on the TSX Venture Exchange (the "TSXV"). In connection with the TSXV listing, the Company will voluntarily delist its common shares from the Toronto Stock Exchange (the "TSX").

The Company's management and Board of Directors have determined that this transition is in the best interests of VIQ. In arriving at this determination, the Company considered, among other things, the costs associated with a TSX listing versus a TSXV listing, its current market capitalization, the rules related to private placements and other forms of financing available to TSXV-listed issuers and the general suitability of a TSX listing versus a TSXV listing.

The Company expects to delist its common shares from the TSX on or about October 20, 2025 and list its common shares on the TSXV on or about October 21, 2025. The Company will remain a "reporting issuer" under applicable Canadian securities laws through the listing transition process. The Company will retain the trading symbol "VQS" once listed on the TSXV. Shareholder approval is not required under the policies of the TSX to proceed with the transition as the TSXV is an acceptable alternative market. No action is required by shareholders in connection with the transition of the Company's listing to the TSXV.

For more information about VIQ, please visit viqsolutions.com.

About VIQ Solutions

VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.

Forward-Looking Statements

Certain statements included in this press release constitute forward-looking statements or forward-looking information (collectively, "forward-looking statements") under applicable securities legislation. Such forward-looking statements or information are provided for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes.

Forward-looking statements typically contain statements with words such as "anticipate", "believe", "expect", "plan", "intend", "estimate", "propose", "project" or similar words, including negatives thereof, and suggest future outcomes or that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking statements in this press release include but are not limited to statements with respect to the proposed timing of the delisting and listing.

Forward-looking statements are based on several factors and assumptions which have been used to develop such statements, but which may prove to be incorrect. Although VIQ believes that the expectations reflected in such forward-looking statements are reasonable, undue reliance should not be placed on forward-looking statements because VIQ can give no assurance that such expectations will prove to be correct.

Forward-looking statements are necessarily based on a number of opinions, assumptions and estimates that while considered reasonable by the Company as of the date of this press release, are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements, including but not limited to the factors described in greater detail in the "Risk Factors" section of the Company's annual information form and in the Company's other materials filed on SEDAR+ at www.sedarplus.ca.

These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Such estimates and assumptions may prove to be incorrect or overstated. The forward-looking statements contained in this press release are made as of the date of this press release and the Company expressly disclaims any obligations to update or alter such statements, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.

Contact:

Jacob Manning VIQ Solutions
Email: marketing@viqsolutions.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269912

FAQ

When will VIQ Solutions (VQS) delist from the TSX and list on the TSXV?

VIQ expects to delist from the TSX on or about October 20, 2025 and list on the TSXV on or about October 21, 2025.

Will VIQ Solutions shareholders need to take any action for the VQS TSXV listing?

No action is required by shareholders; the company said no shareholder approval is needed under TSX policies.

Will VIQ Solutions keep the same ticker after moving to the TSXV?

Yes, the company will retain the trading symbol VQS once listed on the TSXV.

Why is VIQ Solutions moving its listing from TSX to TSXV?

Management and the board cited the costs of a TSX listing, the company’s current market capitalization, and the TSXV’s private placement and financing rules as factors.

Will VIQ Solutions remain a reporting issuer during the listing transition?

Yes, the company will remain a reporting issuer under applicable Canadian securities laws throughout the transition.

How does the TSXV listing affect VIQ Solutions’ ability to raise capital?

The company noted the TSXV’s rules on private placements and financing were a consideration, implying different financing mechanisms will apply after the move.