19:08:09 EDT Mon 21 Sep 2026
Enter Symbol
or Name
USA
CA



Salescloser Technologies Ltd
Symbol SCAI
Shares Issued 36,187,549
Close 2026-09-21 C$ 0.68
Market Cap C$ 24,607,533
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Salescloser receives DTC eligibility for U.S. shares

2026-09-21 17:07 ET - News Release

Mr. Adrian Lim reports

SALESCLOSER TECHNOLOGIES ANNOUNCES DTC ELIGIBILITY, ENABLING ELECTRONIC SETTLEMENT OF TRADES IN THE UNITED STATES

Salescloser Technologies Ltd.'s common shares are now eligible for electronic clearing and settlement in the United States through The Depository Trust Company (DTC).

DTC is a subsidiary of The Depository Trust & Clearing Corp. (DTCC) and manages the electronic clearing and settlement of publicly traded securities in the United States. Securities eligible for electronic clearing and settlement through DTC are considered to be DTC eligible and may be traded through participating brokerage firms using electronic book-entry transfers, without the need for physical share certificates. DTC eligibility is expected to simplify the process of trading and enhance liquidity of the company's common shares in the United States. This electronic method of clearing securities speeds up the receipt of stock and cash, and accelerates the settlement process for investors and brokers, reduces administrative cost, and enables the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.

The company's common shares commenced trading on the OTCQB Venture Market under the symbol SCTLF on July 7, 2026, and continue to trade on the TSX Venture Exchange under SCAI and on the Frankfurt Stock Exchange under MJ5. DTC eligibility completes the operational groundwork behind the company's U.S. quotation, making it more straightforward for U.S. investors to hold and trade Salescloser common shares through their existing brokerage relationships and making the company's shares more accessible to the U.S. investment community. Existing shareholders are not required to take any action as a result of the company's common shares becoming DTC eligible.

"Our shares have been quoted in the United States since July, and DTC eligibility is the step that makes holding them as routine as any other position in a U.S. brokerage account," said Ali Tajskandar, chief executive officer of Salescloser. "As our commercial footprint expands across North America, we want the mechanics of owning the stock to be a non-issue for investors who want exposure to what we are building."

About Salescloser Technologies Ltd.

Salescloser is a Vancouver-based AI (artificial intelligence) software company focused on automating and scaling revenue generation through conversational AI. The company's platform enables businesses to deploy AI-powered virtual sales agents that engage prospects and customers across the sales life cycle. Salescloser's agents conduct real-time, personalized interactions across voice, video and digital channels, including lead qualification, product demonstrations, follow-ups and meeting schedulling. By augmenting core sales functions, the platform helps organizations increase capacity, accelerate pipeline velocity and improve conversion rates without a corresponding increase in headcount. The platform integrates with existing CRM (customer relationship management) and business systems, supports multilingual deployment, and delivers consistent, high-quality customer interactions across industries. Salescloser operates under a subscription-based SaaS (software-as-a-service) model, generating recurring revenue with strong visibility and high gross margins while continuously enhancing its AI capabilities. The company's technology is supported by a growing portfolio of patents and patent applications focused on improving the performance of AI-driven conversational workflows. Salescloser is listed on the TSX Venture Exchange under the ticker SCAI, on the OTCQB Venture Market under the ticker SCTLF and on the Frankfurt Stock Exchange under the ticker MJ5.

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