- Common shares of SoLVBL Solutions (SOLV) are now eligible for electronic clearing and settlement through the DTC
- DTC eligibility accelerates the settlement process for investors and brokers, enabling SoLVBL’s stock to be traded over a wider selection of brokerage firms
- SoLVBL is an innovative cybersecurity company
- SoLVBL Solutions Inc. (SOLV) is up 11.11 per cent on the day, trading at C$0.05 per share at 3 pm EST
Common shares of SoLVBL Solutions (SOLV) are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC).
This electronic method of clearing securities speeds up the receipt of stock and cash and thus accelerates the settlement process for investors and brokers, enabling the stock to be traded over a wider selection of brokerage firms.
SoLVBL President & CEO Kaiser Akbar commented on the news.
“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.”
SoLVBL is an innovative cybersecurity company. Q by SoLVBL™ is a proprietary software application designed to provide digital record authentication. Q by SoLVBL™ allows organizations to establish trust in their data.
SoLVBL Solutions Inc. (SOLV) is up 11.11 per cent on the day, trading at C$0.05 per share at 3 pm EST.