REG - NFT Investments PLC - Application to trade on the OTCQB Venture Market
RNS Number : 8057VNFT Investments PLC19 April 2021Press Release
19 April 2021
NFT Investments PLC
("NFT Investments" or the "Company")
Application filed for share trading on the OTCQB Venture Market in the United States
NFT Investments (AQSE: NFT), a company specializing in the identification, acquisition, investment, and development of non-fungible tokens and established by the co-founders of Argo Blockchain plc, is pleased to announce that it has filed an application with OTC Markets Group for the Company's shares to be cross-traded publicly on the OTCQB Venture Market ("OTCQB"), which would make NFT Investments' shares more widely available to North American investors. NFT has engaged the corporate securities law firm of Galanopoulos & Company to act as its OTC Markets Sponsor in connection with the onboarding.
Trading on the US OTC market would have no impact on existing NFT Investments' ordinary shares trading on the Access segment of Aquis Stock Exchange Growth Market (AQSE) in London and no new ordinary shares will be issued as part of the cross-trade. NFT Investments will continue to rely on the announcements and disclosures it makes to the Aquis Exchange and will have no Sarbanes-Oxley or SEC reporting requirements in connection with cross-trading on the OTCQB.
Should the application be successful, the cross-trading facility will be provided through OTC Markets Group Inc., located in New York, USA. OTC Markets operates the world's largest electronic interdealer quotation system for US broker dealers and offers multiple media channels to increase the visibility of OTC-traded companies.
Jon Bixby, Executive Chairman of NFT Investments, said: "We would like to make NFT Investments' shares available to US markets in order to gain access to a broader investor base and enhance our visibility in North America. Dual trading on the OTC markets will represent an important development for the Company."
For further information please contact:
NFT Investments
Jon Bixby
Executive Chairman
Neil Thapar
Investor Relations
via Tancredi +44 207 887 7633
+44 7876 455 323
First Sentinel
Corporate Adviser
Brian Stockbridge
+44 7876 888 011
Tennyson Securities
Corporate Broker
Peter Krens
+44 207 186 9030
Novum Securities
Corporate Broker
Colin Rowbury
Jon Belliss
+44 207 399 9427
Tancredi Intelligent Communication
Media Relations
Salamander Davoudi
salamander@tancredigroup.com
Helen Humphrey
helen@tancredigroup.com
Edward Daly
edward@tancredigroup.com
+44 7957 549 906
+44 7449 226 720
+44 7861 430 057
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