United States investors may now more easily trade Empower's OTC stock (OTC PINK:EPWCF) in addition to Empower's listing on the CSE (CSE:CBDT) and (FRA:8EC).
"Convenience is a core part of Empower's overall strategy for our approach to integrated healthcare, so our capital markets strategy should be the same. I'm thrilled that trading Empower's shares will now be easier for existing and potential shareholders in the U.S.," said Steven McAuley, Chairman & CEO of Empower. "Empower has a strong and growing presence in the United States market operationally as well as for investors. We're confident that we will see enhanced trading liquidity as a result of our DTC eligibility."
DTC is a subsidiary of the Depository Trust and Clearing Corporation (DTCC), one of the world's largest securities depositories that manages the electronic clearing and settlement of publicly traded companies. Empower is now eligible to be electronically cleared and settled through the DTC and is therefore considered "DTC eligible". This electronic method of clearing securities streamlines the process of trading, enhances liquidity, and provides direct access to investors and brokers in the U.S. OTC capital markets.
This press release is available on the Empower Clinics Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/EmpowerClinics