VSBLTY BEGINS TRADING ON THE OTCQB MARKET IN THE U.S.
VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) has begun trading on the OTCQB Venture Market, enhancing its visibility and liquidity in the investment community.
Sentiment and the balance of points
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Rhea-AI Summary
VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) has begun trading on the OTCQB Venture Market, enhancing its visibility and liquidity in the investment community. The company’s shares will continue to be traded on the CSE (symbol: VSBY) and the Frankfurt Stock Exchange (symbol: 5VS). The OTCQB is recognized by the SEC, ensuring a reliable public market. Additionally, VSBLTY has issued 3,175,000 stock options to employees at an exercise price of $0.51, expiring in five years. The company specializes in security and retail analytics technology, leveraging AI in its solutions.
Positive
- Approval for trading on OTCQB enhances visibility and investor access.
- The move to OTCQB is expected to provide additional liquidity for shares.
- Issuance of 3,175,000 incentive stock options could incentivize employees and align interests.
Negative
- None.
Details
News Market Reaction – VSBGF
The recorded move for VSBGF in the trading session of this news was +0.88%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Philadelphia, PA, Aug. 12, 2021 (GLOBE NEWSWIRE) -- VSBLTY Groupe Technologies Corp. (OTCQB: VSBGF) (CSE:VSBY) (Frankfurt 5VS) (OTC: VSBGF) (“VSBLTY”), a leading software provider of security and retail analytics technology, today announced that the company has been approved for trading on the OTCQB Venture Market in the United States. VSBLTY’s common shares began trading on the OTCQB under the symbol “VSBGF.” The company’s common shares will also continue to trade on the Canadian Securities Exchange (the CSE) under the symbol “VSBY” and the Frankfurt Stock Exchange in Germany under the symbol “5VS”.
The OTCQB Venture Market, operated by OTC Markets Group Inc., is designed for early stage developing entrepreneurial companies in the U.S. and abroad. With strict compliance and quality standards, the OTCQB is recognized by the U.S. Securities and Exchange Commission as an established public market providing public information for the analysis and value of securities.
Jay Hutton, VSBLTY co-founder & CEO, said, “We are excited to be able to expand our presence in the investment community and the trading of our shares on the OTCQB, which should provide VSBLTY with additional liquidity.”
B. Riley Securities acted as VSBLTY’s OTCQB sponsor. B. Riley Securities, Inc. is a full-service investment bank and subsidiary of B. Riley Financial, Inc., based in Los Angeles with offices across the U.S., providing corporate finance, research, sales and trading services.
VSBLTY also announces that it has issued 3,175,000 incentive stock options to employees, officers and directors of VSBLTY. The options have an exercise price of
VSBLTY technology provides enhanced customer engagement and audience measurement including store traffic and customer demographics. Its industry-leading VisionCaptor™ and DataCaptor™ software combine motion graphics and interactive brand messaging with cutting-edge computer vision measurement and insights. VSBLTY’s AI-driven software, Vector™, provides advanced facial recognition that is crucial to enhancing security in a variety of environments.
Investor Relations
CHF Capital Markets
Cathy Hume, CEO, +1-416-868-1079, x251
CONTACT: Linda Rosanio, 609-472-0877
About VSBLTY (vsblty.net)
Headquartered in Philadelphia, VSBLTY (OTCQB: VSBGF) (CSE: VSBY) (Frankfurt: 5VS) (“VSBLTY”) is the world leader in Proactive Digital Display™, which transforms retail and public spaces as well as place-based media networks with SaaS-based audience measurement and security software that uses artificial intelligence and machine learning.
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