TORONTO, June 7, 2022
/CNW/ - Givex Information Technology Group Limited ("Givex") (TSX:
GIVX) (OTCQX: GIVXF), is pleased to announce that its common shares
("Common Shares") are now eligible for book-entry and depositary
services through Depository Trust Company ("DTC") in the United States. As the largest securities
depository in the world, DTC manages electronic clearing and
settlement for securities of publicly traded companies in the
United States.DTC eligibility will simplify the process of trading
and transferring Common Shares, enhancing liquidity in the United States by accelerating the
settlement period for transfers and reducing costs for
investors.
"This is an important milestone," said Givex CEO Don Gray. "DTC eligibility will expand the
accessibility and liquidity of our shares for U.S. investors.
Combined with our continued profitability and consistent growth,
this step is part of Givex's ongoing commitment to create value for
our shareholders."
About Givex
Givex (TSX: GIVX; OTCQX: GIVXF) is a global fintech company
providing merchants with customer engagement, point of sale and
payment solutions, all in a single platform. We are integrated with
1000+ 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
115,000 locations across more than 100 countries. Learn more at
givex.com.
Forward Looking
Statements
This press release contains forward-looking information,
including statements regarding continued profitability and growth
and that DTC eligibility will simplify the process of trading and
transferring Common Shares, enhancing liquidity in the United States. Forward-looking information
is necessarily based on a number of opinions, estimates and
assumptions that we considered appropriate and reasonable as of the
date such statements are made, 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 information, including but not limited to, the risk
factors described under the "Risk Factors" section in the Risk
Factors section in the Annual Information Form ("AIF") dated
March 30, 2022, available on SEDAR at
sedar.com and other filings with the Canadian securities regulatory
authorities. There can be no assurance that such forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
information. Accordingly, prospective investors should not place
undue reliance on forward-looking information, which speaks only as
of the date made. See "Cautionary Note Regarding Forward-Looking
Information" in the AIF.
This news release does not constitute an offer to sell or a
solicitation of an offer to sell any of the securities in
the United States. Givex's
securities have not been and will not be registered under the
United States Securities Act of 1933 (the "US Securities Act") or
any state securities laws and may not be offered or sold within
the United States or to US Persons
(as defined in Regulation S under the US Securities Act) unless
registered under the US Securities Act and applicable state
securities laws or an exemption from such registration is
available.
View original
content:https://www.prnewswire.com/news-releases/givex-announces-dtc-eligibility-301562763.html
SOURCE Givex