Karbon-X Corp. has taken a significant step forward by announcing the commencement of trading its common stock on the OTCQB market under the symbol KARX. This event represents a significant milestone for the company, which now has the opportunity to offer its shares on one of the world’s prominent capital markets.
Additionally, the company has successfully made its shares eligible for electronic compensations and settlements through the Depository Trust Company (DTC) in the United States. This combination of trading on the OTCQB and DTC eligibility is anticipated to be a key factor in increasing Karbon-X’s visibility, facilitating the trading process, and improving the liquidity of its shares in the U.S. market.
Chad Clovis, CEO of Karbon-X, expressed his satisfaction with this achievement, highlighting the increasing demand among U.S. investors for carbon trading and sequestration technologies opportunities. “We are pleased that it is now easier for those investors to participate in our growth,” said Clovis.
The OTCQB market, managed by OTC Markets Group, is specifically designed for early-stage and growth companies, providing a platform for them to gain visibility and access to capital from investors in the North American market.
Karbon-X Corp. is dedicated to providing carbon offset solutions, with a focus on sustainability. Its mission is to offer individuals and businesses innovative and accessible strategies to mitigate their environmental impact, contributing to a more sustainable future. The company’s forward-looking statements include expectations regarding the benefits of its presence on the OTCQB market and its business strategy, while also recognizing that they are subject to risks and uncertainties that could impact future results.
Source: MiMub in Spanish
