Mr. Omri Brill reports
ADCORE ANNOUNCES DTC ELIGIBILITY
Adcore Inc.'s common shares are now eligible for electronic clearing and settlement through Depository Trust Company (DTC) in the United States.
"We are pleased to announce that we have received DTC eligibility," commented Omri Brill, chief executive officer of Adcore. "The ability to have the company's shares electronically transferred between brokerages in the United States not only simplifies the process and reduces costs incurred by U.S. investors, but also opens the door for investors who may have previously been restricted from purchasing our shares."
DTC is a subsidiary of Depository Trust and Clearing Corp., one of the world's largest securities depositories. It manages the electronic clearing and settlement of publicly traded companies. DTC eligibility is expected to simplify the process of trading and enhance liquidity of the company's common shares in the United States.
In addition, all items on the agenda at the company's annual and special meeting of shareholders held today were approved by shareholders.
About Adcore Inc.
Adcore is empowering entrepreneurs, advertisers and the future of e-commerce through its advertising management and automation platform. By combining extensive industry knowledge and experience with its proprietary artificial intelligence engine, Adcore offers a unique digital marketing solution that empowers entrepreneurs and advertisers by managing and automating their e-commerce store advertising, and monitoring and analyzing the performance of their advertising budget to ensure maximum return on investment. 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 greater than 50 people at its headquarters in Tel Aviv, Israel, and satellite offices in: Melbourne, Australia; Toronto, Canada; and Hong Kong and Shanghai, China.
We seek Safe Harbor.
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