CALGARY, Alta., Nov. 16, 2022 (GLOBE NEWSWIRE) — ApartmentLove Inc. (CSE: APLV) (OTCQB: APMLF) (“ApartmentLove“or the”Company”) is pleased to announce that it has been cleared to commence trading of its common stock on the OTCQB® Venture capital market (“OTCQB”), effective today, November 16, 2022, under the ticker symbol APMLF.
“We are pleased to provide investors with another respected and professional marketplace for trading our common stock and we look forward to increasing the awareness of our company to U.S. investors,” said Trevor Davidson, President and Chief Executive Officer of ApartmentLove. Mr Davidson added: “We believe trading on the OTCQB® can lead to increased overall liquidity and visibility in these dynamic global capital markets.
The OTCQB® is a leading marketplace for US and international start-up and development companies. Recognized as an established public market by the United States Securities and Exchange Commission, the OTCQB® has helped companies create significant shareholder value, including improving liquidity and valuation. Investors can benefit from efficient trading through their preferred broker or financial advisor, transparent pricing with real-time quotes, and reliable disclosure made widely available to brokers and data providers. Steps.
The Company is also pleased to announce that its common stock is now fully eligible for electronic clearing and settlement in the United States through the Depository Trust Company (“DTC”).
DTC eligibility is expected to simplify the trading process and improve the liquidity of the Company’s common stock in the United States.
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a US company that handles electronic clearing and settlement for publicly traded companies. Securities eligible for electronic clearing and settlement through DTC are considered “DTC-eligible”. This electronic securities clearing method expedites the receipt of stocks and cash, and thus speeds up the settlement process for investors and brokers, allowing stocks to be traded on a much wider selection of brokerage firms by complying to their requirements.
The Company’s common shares will continue to trade on the Canadian Securities Exchange under the symbol APLV.
About ApartmentLove Inc.
ApartmentLove Inc. (CSE: APLV) (OTCQB: APMLF) is a leading provider of online rental marketing services for owners, renters and vacationers in more than 30 countries around the world. Having proven its ability to evolve as a fast-growing “PropTech” in today’s complex and dynamic market environments, ApartmentLove continues to grow through an acquisition program – the purchase of businesses add-ons that have many monthly active users, a track record of recurring revenue, positive cash flow, and custom technologies that accelerate and de-stress the rental experience while simultaneously advancing its own organic growth strategies in key markets to worldwide. ApartmentLove Inc. is a publicly traded company whose common stock is listed on the Canadian Securities Exchange (CSE: APLV) and OTCQB® Venture Capital Market (OTCQB: APMLF).
For more information, visit https://apartmentlove.com/investors or contact:
Trevor Davidson
President and CEO
ApartmentLove Inc.
tdavidson@apartmentlove.com
(647) 272-9702
Notice to readers
Neither the Canadian Securities Exchange nor the OTCQB Venture Market accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release contains forward-looking statements that involve important known and unknown risks and uncertainties, some of which are beyond the Company’s control. Forward-looking statements are often characterized by words such as “plan”, “continue”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “may”, “will”, “potential”, “proposed” and other similar words, or statements that certain events or conditions “may” or “will” occur. These statements are only predictions. Readers are cautioned that the assumptions used in the preparation of this information, although believed to be reasonable at the time of preparation, may prove to be imprecise and, accordingly, no undue reliance should be placed on forward-looking statements of any kind. it would be. Forward-looking statements include, but are not limited to, improving the liquidity of the Company’s shares; the Company continues to execute and realize the benefits of its organic growth mandate; the Company’s ability to complete acquisitions of short-term and/or long-term rental marketing websites; the Company realizing the benefits of its growth through an acquisition mandate; and the Company’s ability to generate positive cash flow. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. The risk factors can be found in the Company’s continuous disclosure documents which have been filed on SEDAR and can be viewed at www.sedar.com.
ApartmentLove® | the feeling of being at home
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