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ARCHTIS LIMITED — Capital/Financing Update 2021
Nov 1, 2021
64413_rns_2021-11-01_1b3bc9f8-bc91-40bd-896d-6a46196a442f.pdf
Capital/Financing Update
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ASX Announcement
2 November 2021
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archTIS Commences Trading on the OTCQB Market in the United States
Highlights
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archTIS ordinary shares are now quoted on the OTCQB Market.
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archTIS can now be traded on the OTCQB under the symbol ARHLF.
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OTCQB listing broadens archTIS’ international profile and importantly provides direct access to U.S. institutional and retail investors which aligns with the Company’s growing operations in the U.S. market.
archTIS Limited (ASX:AR9) (archTIS or the Company) , a global provider of innovative software solutions for the secure collaboration of sensitive information, today announced that its shares are available for quotation on the OTCQB, a U.S. trading platform that is operated by the OTC Markets Group Inc. in New York – U.S.
Daniel Lai, archTIS Managing Director and CEO, added: “We are pleased to be quoted on the OTCQB Venture Market due to growing demand from institutional and retail investors in the U.S. who have expressed interest in archTIS’ global story around securing the world’s most sensitive information. We believe this move will help support our efforts to scale our secure collaboration technologies across the globe and diversify our shareholder base, without impacting our existing ASX obligations.”
The OTCQB® Venture Market offers investors transparent trading in entrepreneurial and development stage U.S. and international companies. To qualify for the OTCQB companies must meet high financial and securities reporting standards, pass a bid test, and undergo annual verification. As a verified market with access for U.S. investors, OTCQB helps companies build shareholder value, achieve liquidity and a fair valuation.
Kurt Mueffelmann, archTIS Global COO and US President stated, “We have had strong initial conversations with U.S. investors. As our business continues to expand on a global basis, we’re establishing deep roots in the U.S. with the presence of key corporate executives and a major focus on U.S. expansion including federal agencies and defence contractors. The OTCQB listing only further confirms that commitment”
The Company’s shares will retain their primary listing on the Australian Stock Exchange (ASX) under the symbol AR9 with a secondary quotation on the OTCQB under the symbol ARHLF. Viriathus Capital LLC acted as the company’s OTCQB advisor and MCAP Securities LLP acted as the company’s OTCQB sponsor.
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Authorised for issue by order of the Board of Directors
archTIS Limited | ACN 123 098 671 | 10 National Circuit, Barton, ACT 2600
ASX Announcement
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2 November 2021
For further information please contact:
Company enquiries Daniel Lai Managing Director, archTIS E: [email protected]
OTCQB enquiries
Kurt A. Mueffelmann Global COO / US President, archTIS E: [email protected]
Australian Investor Relations and Media enquiries Media & Capital Partners E: [email protected]
U.S, Investor Relations and Media enquiries Viriathus Capital LLC E: [email protected]
About archTIS Limited
archTIS Limited (ASX:AR9) is a global provider of innovative software solutions for the secure collaboration of sensitive information. The company’s award-winning data-centric information security solutions protect the world’s most sensitive content in government, defence, supply chain, enterprises and regulated industries through attribute-based access and control (ABAC) policies. archTIS products include Kojensi, a multi-government certified platform for the secure access, sharing and collaboration of sensitive and classified information; and NC Protect for enhanced information protection for file access and sharing, messaging and emailing of sensitive and classified content across Microsoft 365 apps, Dropbox, Nutanix Files and Windows file shares. For more information visit archtis.com.
Follow us on twitter @arch_tis
archTIS Limited | ACN 123 098 671 | 10 National Circuit, Barton, ACT 2600