VANCOUVER, BC, March 12, 2021 /PRNewswire/ - BBTV Holdings Inc.
(TSX: BBTV) (OTCQX: BBTVF)("BBTV" or the "Company"), a media tech
company that uses technology enabled solutions to help influencers
become more successful, today announced it is now eligible for
Depository Trust Company ("DTC") services in relation to the
company's listing on the OTCQX. Through the OTC listing
United States investors may more
easily trade BBTVQX stock in addition to BBTV's listing on the TSX
[BBTV.TO].
"I'm thrilled that BBTV is now DTC eligible, allowing the
company to provide wider access to US investors to acquire stock,"
said Shahrzad Rafati, Chairperson
and CEO of BBTV. "BBTV is a truly global company, and we look
forward to expanding our investor base in the US market."
DTC is a subsidiary of the Depository Trust and Clearing
Corporation (DTCC), one of the world's largest securities
depositories that manages the electronic clearing and settlement of
publicly traded companies. BBTV is now eligible to be
electronically cleared and settled which will streamline the
process of trading, enhance liquidity, and provide direct access to
investors in the U.S. OTC capital markets.
About BBTV
BBTV is a media and technology company
headquartered in Vancouver,
Canada. The company's mission is to democratize content by
leveraging its proprietary technologies to drive viewership and
monetization for content creators of all sizes. From individual
content creators to global media companies, BBTV monetizes the
media of content creators through end-to-end management,
distribution and monetization solutions, powered by its innovative
VISO Platform, including related proprietary technology, while
allowing content creators to focus on their core competency –
content creation. In August 2020,
BBTV had the second most unique monthly viewers among digital
platforms with more than 600 million globally, who consumed more
than 50 billion minutes of video content, the most among media
companies*. www.bbtv.com
*Calculations and classifications made by BBTV based on
August 2020 data from Comscore's
reports from its top 12 countries. Each report is titled, "Comscore
Video Metrix Media Trend – Multi-Platform – Top 100 Video
Properties Report."
Forward-Looking Information
This press release
contains "forward–looking information" and "forward-looking
statements" within the meaning of applicable securities laws
(collectively, "forward-looking information") which reflects the
Company's current expectations regarding future events, including
the expansion of the Company's investor base in the U.S. market,
the Company's use of technology enabled solutions to help content
owners become more successful, and the Company's mission to
democratize content by leveraging its proprietary technologies to
drive viewership and monetization for content creators of all
sizes. Forward-looking information is necessarily based on a number
of estimates and assumptions that we consider appropriate and
reasonable as of the date such information is given, including but
not limited to our assumption regarding continued changes and
trends in our industry or the global economy, and the performance
of our technology and strategic partners.
Forward-looking information is subject to known and unknown risks,
uncertainties, and other factors, many of which are beyond the
Company's control, that may cause actual results, performance or
achievements to be materially different from those expressed or
implied by such forward-looking information, including but not
limited to the risk that our assumptions on which our
forward-looking information is based may not be accurate, the
effect of competition, that historical or previous results are not
necessarily indicative of future results, as well as the factors
discussed under "Risk Factors" in the final prospectus of the
Company dated October 22, 2020 filed
on sedar at www.sedar.com and in our other filings with the
Canadian securities regulatory authorities at www.sedar.com. The
Company does not undertake any obligation to update such
forward–looking information, whether as a result of new
information, future events or otherwise, except as expressly
required by applicable law.
Regarding the United
States
This press release does not constitute an
offer to sell or solicitation of an offer to buy any of the
securities in the United States.
The securities have not been and will not be registered under the
United States Securities Act of 1933, as amended (the "U.S.
Securities Act") or any state securities laws and may not be
offered or sold within the United
States or to a U.S. Person unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.
Contacts:
Media Relations
Dan
Gamble
Head of PR & Corporate Communications
778-873-0422
dgamble@bbtv.com
Investor Relations
ir@bbtv.com
BBTV-C
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SOURCE BBTV Holdings Inc.