Vancouver, British ColumbiaAnd Jan 21 2022 / cnw / – Vejii Holdings Ltd. (CSE: VEJI) (OTC: VEJIF) (the “Company” or “Vejii”), a North American online marketplace for plant-based and sustainable products, is pleased to announce that the Company’s common stock (“Combined Shares”) will begin trading on the OTCQB (“OTCQB”) marketplace. “) From Jan 21 2022 Under the symbol “VEJIF”. The common stock will continue to trade on the Canada Securities Exchange (“CSE”) under the symbol “VEJI”.
Vejii applies for eligibility for electronic clearing and settlement of common shares through a Depository Depository Corporation (“DTC”) at United State You expect to receive a response in the coming weeks. Vejii will provide an update once it gets eligibility from the DTC.
DTC is a subsidiary of the Depository Trust & Clearing Corporation, which operates electronic clearing and settlement for publicly traded companies. Securities that qualify for electronic liquidation and settlement through a DTC are considered “DTC eligible.” This electronic method of liquidating securities speeds up the receipt of shares and cash, and thus speeds up the settlement process for investors.
“We are very pleased to have received approval from the OTC Markets Group to trade our shares in OTCQB and look forward to receiving DTC eligibility in the near future as we begin our investor awareness campaign in the US. We launched Vejii in the US last year and have developed significant US business operations from During Shopvejii.com and our recent acquisitions of VeganEssentiials.com and VEDGEco.com, we see the ability to trade in OTCQB as an important aspect of developing followers with US investors,” Corey ZielixonCEO of Vejii Corporation.
About Vejii Holdings Inc.
Headquartered in Kelowna qVejii is a unified digital marketplace and implementation platform featuring thousands of plant-based and sustainable products from a growing list of hundreds of vendors. The platform provides an easy-to-use, multi-channel experience for both sellers and buyers, leveraging big data and artificial intelligence to elegantly connect brands to a target consumer base, either organically or through specialized marketing programs. Dynamic fulfillment services enable brands to deliver a first-class service, with continued engagement driven by features such as smart lists, subscription programs, reordering functions, sampling programs, and more.
The company also owns and operates US-based Veg Essentials LLC (“Vegan Essentials”), which operates VeganEssentials.com. Vegan Essentials, a staple of the vegan community, was founded in 1997 and contributes more than 20 years of consumer insights, data, and purchasing power. VeganEssentials.com was named Best Online Vegan Store from 2005 to 2018, as well as Best Online Vegan Grocery from 2018 to 2021 by VegNews magazine.
For more information, visit VejiiHoldings.com
On behalf of the Board of Directors:
Corey Zielixon, Director and CEO
Find Vejii on social media: on Instagram, Facebook, Twitter and LinkedIn
No securities regulator has approved or rejected the contents of this news release.
Caution regarding forward-looking statements
This press release contains certain forward-looking statements within the meaning of applicable securities laws with respect to the Company. Such forward-looking statements are generally identified by words such as “believe,” “project,” “expect,” “expect,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan and” “may”, “should”, “will”, “will” and similar expressions. Forward-looking statements in this press release include statements regarding: commencement of trading of common stock in OTCQB, continuation of common stock trading in CSE, and expectation of a response from DTC With regard to DTC eligibility, expectation to obtain DTC eligibility, expect the Company to provide an update on DTC eligibility and expect the Company to commence its investor education campaign in the U.S. Although the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, the Company does not Unnecessarily reliance should be placed on forward-looking statements and information because the Company can make no guarantee that they will prove to be true. Because forward-looking statements and information address future events and conditions, they inherently involve inherent risks and uncertainties Many factors may cause events to differ. Actual futures are materially different from the statements the forward-looking statements contained in this press release, including, but not limited to, that the common stock may not start trading at the expected time or at all, that the common stock may not continue to trade on a CSE, that the company may not receive a response of DTC, that the Company may not receive DTC eligibility at the expected time or at all, that the Company may not provide an update of DTC eligibility, that the Company may not begin its campaign to educate US investors and other factors beyond the Company’s control. Readers are cautioned that the list of foregoing factors is not exhaustive. The forward-looking statements contained in this news release are expressly conditioned on this cautionary statement. The forward-looking statements and information contained in this news release are made as of the date of this release and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise. , unless required by applicable laws.
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SOURCE Vejii Holdings Ltd.
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