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Sparx Technology (TSXV:SPRX) announces DTC eligibility

Technology
TSXV:SPRX
05 August 2022 09:15 (EDT)

Source: Sparx Technology Inc.

Common shares of Sparx Technology (SPRX) are now eligible for electronic clearing and settlement through the Depository Trust Company in the United States.

DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing its common shares to be traded over a wider selection of brokerage firms.

Existing investors benefit from potentially greater liquidity and faster execution speeds. This also opens the door to new investors that may have been previously restricted from purchasing the company’s common shares and simplifies the process of trading them in the United States.

The company’s shares recently began trading on the OTCQB Venture Market under the ticker symbol STCXF.

The company’s shares will continue trading on the TSXV under the ticker symbol SPRX.

Sparx is an interactive media technology company providing media companies and sports teams with technologies to engage audiences. The patented Sparx platform enables broadcasters, streamers, and video producers to engage viewers and generate new revenue opportunities.

Sparx Technology Inc. (SPRX) opened trading at C$0.12. 


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