Mr. Omri Brill reports
ADCORE SECURES CONDITIONAL APPROVAL TO LIST ON THE TORONTO STOCK EXCHANGE
Adcore Inc. has secured conditional approval to list its common shares on the Toronto Stock Exchange and graduate from the TSX Venture Exchange.
"This is a significant milestone for the company, which reflects the dramatic growth Adcore has experienced since the completion of its qualifying transaction and listing on the TSX Venture Exchange in May, 2019," commented Omri Brill, chief executive officer of Adcore. "We believe the graduation to the TSX, one of the premier exchanges for publicly traded companies, will broaden our reach among institutional investors and improve our access to the capital markets. Adcore is at an exciting point in its evolution; the pandemic has only accelerated the growth of e-commerce and digital transformation, and our solutions serve a dire need in the market. We're gratified to have been elevated to the TSX and look forward to sharing our story and growth strategy with a new audience of international investors."
Final approval of the listing is subject to the company meeting certain customary conditions required by the TSX. The company will issue a press release once the TSX confirms the date when the trading of Adcore common shares is expected to commence on the TSX. Upon completion of the final listing requirements, the company's common shares will be delisted from the TSX-V.
Shareholders are not required to exchange their share certificates or take any other action in connection with the TSX listing, as there will be no change in the trading symbol or Cusip number for the common shares.
About Adcore Inc.
Adcore is a leading provider of machine-learning-powered advertising technologies used by digital agencies and advertisers to leverage digital marketing in an effortless and accessible way with the goal of scaling activity and maximizing return on investment.
By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution. In addition to being named numerous times on Deloitte's Fast 50 Technology list, Adcore is a certified Google Premier partner, Microsoft partner, Facebook partner and TikTok partner.
Established in 2006, the company employs over 40 people at its headquarters in Tel Aviv, Israel, and satellite offices in Melbourne, Australia, Toronto, Canada, and Hong Kong, China.
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