- Universal PropTech (UPI) has applied to be listed on the OTC market
- The company will continue to trade on the TSX Venture Exchange under the symbol UPI
- The OTC market is part of the world’s largest electronic interdealer quotation system for U.S. broker-dealers
- Universal PropTech is a leader in selecting, deploying and maintaining intelligent building technology
- Universal PropTech (UPI) is down 12.24 per cent and is currently trading at C$0.43 per share
Universal PropTech (UPI) has applied to be listed on the OTC market.
The OTC is a U.S. market operated by OTC Markets Group in New York.
The company will continue to trade on the TSX Venture Exchange under the symbol UPI and the Frankfurt Stock Exchange under the symbol 8LH.
The group operates the world’s largest electronic interdealer quotation system for U.S. broker-dealers and offers multiple media channels to increase the visibility of OTC-listed companies.
The company is also working to secure eligibility with The Depository Trust Company for electronic settlement and transfer of its common shares in the United States.
Chris Hazelton, CEO of Universal PropTech, commented,
“UPI is excited to provide US institutional and retail investors this opportunity to join our journey through the OTCQB. We love our Canadian roots, but our plans and visions include being traded in the largest economy on the planet and demonstrate our investment capabilities in technologies with global impacts, such as SpotLight19.”
Universal PropTech is a leading building innovation company, selecting, integrating, deploying, and maintaining PropTech in healthy buildings. It provides holistic evidence-driven solutions and services for building developers, owners and operators in Canada.
The company’s wholly-owned subsidiary, VCI Controls, is an industry leader in the acquisition and deployment of intelligent building technology, including the integration of all building systems utilizing the latest in communications technologies and standards.
Universal PropTech (UPI) is down 12.24 per cent and is currently trading at C$0.43 per share as of 3:58 pm EST.