- Feel Foods (FEEL) has received Depository Trust Company (DTC) eligibility in the United States
- DTC settlement services provide a more efficient and lower cost settlement process for investors and brokers trading Canadian securities in the United States
- Feel Foods’ common shares began trading on the OTC Market on October 20 and on the Frankfurt Stock Exchange on October 21
- Feel Foods is an agri-food holdings company focused on innovative products and technologies in the food services industry
- Shares in Feel Foods Ltd. (FEEL) are down 4.17 per cent, trading at $0.23 per share
Feel Foods (FEEL) has received Depository Trust Company (DTC) eligibility in the United States.
Feel Foods’ common shares began trading on the OTC Market in the United States effective October 20, 2021.
DTC settlement services provide a more efficient and lower-cost settlement process for investors and brokers trading Canadian securities in the United States.
Feel Foods’ DTC eligibility enables its shares to be distributed, settled, and serviced through DTC’s automated processes, taking advantage of the electronic method of clearing securities and the resulting cost benefits that DTC provides.
David Greenway, CEO and director of Feel Foods, commented,
“We are very pleased to have now obtained DTC eligibility to improve settlement of our shares for current and future shareholders in the United States. DTC is a fundamental step towards establishing the Company with the American investment community.”
Last week, Feel Foods announced that it had also begun trading on the Frankfurt Stock Exchange under the symbol 1ZF.
Feel Foods is an agri-food holdings company focused on innovative products and technologies in the food services industry.
Its portfolio includes the Black Sheep Vegan Cheeze Company, which offers a variety of ten unique vegan dairy substitute products in over 30 retail locations, and the Be Good Plant-based Foods line of plant-based chicken, pork and beef products.
The company is currently investing in the research and development of keto-friendly plant-based candy products.
Shares in Feel Foods Ltd. (FEEL) are down 4.17 per cent, trading at $0.23 per share as of 3:33 pm ET.
