TORONTO--(BUSINESS WIRE)--Givex Information Technology Group Limited ("Givex" or the "Corporation") (TSX: GIVX), is pleased to announce that it listed its shares on the prestigious Toronto Stock Exchange (“TSX”) under the ticker symbol “GIVX” on December 1, 2021. The listing of Givex shares on the TSX follows the acquisition of all the issued and outstanding securities of Givex Corporation as announced on November 25, 2021.
According to Givex CEO Don Gray, the new public listing provides the company with the means to add new merchant locations through strategic acquisitions. “However, we will continue the steady expansion of our merchant base through our established sales and marketing channels while maintaining profitability,” he added. “Givex’s objective is to accelerate growth while maintaining earnings.”
Givex is a fintech company with a 20-year track record of sustainable, profitable growth that has developed and commercialized a cloud-based, omnichannel technology platform, seamlessly integrating gift and loyalty programs, point of sale systems and flexible payment services to enterprise level retail and hospitality merchants across the globe. With clients including some of the world's largest brands, Givex's platform is currently deployed in over 90,000 client locations across 70 countries.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities of the Corporation have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Cautionary Statement Regarding Forward-Looking Information
This press release contains certain forward-looking statements, including statements about the Corporation's future plans and intentions, and the trading of the Resulting Issuer Shares on the TSX. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements.
Although the forward-looking statements contained in this press release are based upon what management believes to be reasonable assumptions, the Corporation cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this press release, and the Corporation assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
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