- Tantalus Systems (GRID) has ended its stint on the TSXV and graduated to the Toronto Stock Exchange
- The company began to trade on the TSX at today’s market opening
- CEO Peter Londa expects the migration to provide increased liquidity and capital markets access
- Tantalus is a smart grid technology company that improves the performance of public and cooperative utilities
- Tantalus Systems (GRID) is up by 2.77 per cent and is currently trading at $2.60 per share
Tantalus Systems (GRID) has ended its stint on the TSXV and graduated to the Toronto Stock Exchange.
The company began to trade on the TSX at today’s market opening.
It will continue to trade under its current stock ticker symbol, GRID.
Tantalus’ shares were delisted from the TSX Venture Exchange when trading opened earlier this morning.
Peter Londa, President and CEO of Tantalus, commented,
“Our graduation to the TSX marks another key milestone in achieving Tantalus’ purpose, which is to help build sustainable utilities of the future. Since joining the TSXV earlier this year, our team has been working diligently to meet the more stringent reporting requirements of the TSX and today’s transition reflects the culmination of our team’s effort.
As we seek to further strengthen our organization to help utilities prepare for the decarbonization of the power industry, we anticipate enhancing our liquidity, raising our company’s profile in the capital markets and gaining access to a broader investor base by successfully migrating to the TSX.”
Tantalus is a smart grid technology company that transforms aging one-way grids into future-proofed multi-directional grids that improve the efficiency, reliability and sustainability of public power and electric cooperative utilities.
Tantalus Systems (GRID) is up by 2.77 per cent and is currently trading at $2.60 per share as of 12:02 pm ET.