Converge Technology Solutions Corp. Receives Conditional Approval to Graduate to the Toronto Stock Exchange
/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/
VANCOUVER, BC and TORONTO, Nov. 19, 2020 /CNW/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSXV: CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce that it has received conditional approval from the Toronto Stock Exchange ("TSX") to graduate from the TSX Venture Exchange ("TSXV") to list the Company's common shares ("Common Shares") on the TSX.
"Converge has demonstrated impressive growth since its listing on the TSX Venture Exchange, and given the success and the size of the Company, it is a logical next step in our growth path to graduate to the TSX. Such a move creates an opportunity to increase our Company profile and liquidity," said Shaun Maine, CEO of Converge. "Additionally, graduating to a senior exchange should positively impact access to a broader range of institutional shareholders."
Final approval of the TSX listing is subject to Converge fulfilling certain standard and customary conditions required by the TSX on or before February 17th, 2021. Converge expects that it will satisfy all conditions in due course and will issue further communication upon final approval from the TSX. Upon satisfaction of these final listing requirements, the Common Shares will be delisted from the TSXV and commence trading on the TSX. The Common Shares will continue to trade under the stock symbol "CTS".
SOURCE Converge Technology Solutions Corp.
Exhibit Hall Open - Hall D
Time: 11:00am 4:00pm
Utilizing Machine Learning to Predict Public Transportation Times
All Conference Party