NEW YORK, April 06, 2021 — Logiq, Inc. (OTCQX: LGIQ), a global provider of award-winning eCommerce and fintech solutions, has received Conditional Approval to list its common stock on the NEO Exchange (NEO) in Canada in connection with its previously announced proposed initial public offering. Final Approval is subject to Logiq fulfilling all remaining conditions and listing requirements.
Upon completion, Logiq’s common stock will be listed on a senior Canadian exchange enabling increased exposure to retail and institutional investors. Logiq’s common stock will continue to trade in the U.S. on the OTCQX market.
“This conditional approval confirms we are moving closer to our listing on the NEO,” stated Brent Suen, executive chairman and president of Logiq. “As a Tier 1 Canadian exchange, NEO exemplifies how state-of-the-art exchange trading technology can help increase investor confidence and visibility, improve liquidity, and elevate our company’s global profile.”
Since January of last year, Logiq acquired three leading eCommerce platforms and expanded its global presence. Its product offerings now extend from mobile commerce and fintech solutions for small-to-medium-sized businesses (SMBs) to AI-powered customer acquisition for major enterprises and brands.
Logiq’s customer relationships now range from hundreds of thousands of SMBs around the world to publicly traded Fortune 1000 companies. Among the company’s notable customers are QuinStreet (a marketing technology company), Purple (the creator of the renowned Purple mattress) and Sunrun (a solar company).
Logiq recently engaged Toronto-based Mackie Research Capital Corporation, one of Canada’s largest and long-established independent full-service investment firms, as its Canadian capital markets advisor.
There can be no assurance that Logiq will satisfy all remaining applicable requirements for listing its common shares on NEO, that its application for listing will be approved or that a receipt for its final prospectus will be issued.
Logiq, Inc. (OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its DataLogiq subsidiary provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s Fixel™ technology offers simplified online marketing with critical privacy features.
Logiq’s AppLogiq™ platform-as-a-service enables small- and medium-sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia. The company’s PayLogiq™ offers mobile payments, and GoLogiq™ offers hyper-local food delivery services.
For more information about Logiq, go to Logiq.com.