NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. The NEO is home to more than 160 corporate and ETF listings, and consistently facilitates close to 15% of all Canadian trading volume. TILT is entering its next phase of growth, and we are proud to partner with NEO.” Up-listing to the NEO should improve our access to capital by attracting a stronger institutional shareholder base that will benefit from less fragmented spreads and more effective trading controls. “As we look ahead, we believe the time is right to transfer our Canadian listing to the more senior NEO Exchange given the work we have completed to improve our corporate governance and financial reporting standards. “TILT made its public trading debut with the CSE in December 2018, and we are grateful for their partnership and support as well as the access and visibility they provided to our investors,” said Gary Santo, CEO of TILT Holdings. No action is required from current shareholders. In conjunction with the new listing, TILT’s common shares are expected to be voluntarily delisted from the Canadian Securities Exchange (“CSE”) at the close of trading on Monday, August 16. The Company’s common shares will also continue to trade in U.S. TILT’s common shares will begin trading in Canadian Dollars on the NEO on Tuesday, August 17 under the symbol TILT. (“TILT" or the “Company”) ( CSE: TILT ) ( OTCQX: TLLTF ), a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, today announced that it has received approval for the listing of its common shares on the NEO Exchange (“NEO”). 16, 2021 (GLOBE NEWSWIRE) - TILT Holdings Inc.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |