Wyld’s share commences trading on the OTCQB market in the United States
Wyld shares begin trading today on the OTCQB Venture Market in the U.S. under the symbol "WYLDF". Joining the OTCQB Venture Market allows over-the-counter trading in Wyld’s ordinary share listed on the Nasdaq First North Growth Market. The purpose is to increase visibility and accessibility in the US capital market thereby providing greater liquidity and value to the company’s shareholders.
Joining the OTCQB Venture Market will facilitate US investors to trade in Wyld Networks’ ordinary share in US dollars, with a US ticker symbol, and during US market hours.
Wyld Networks’ share remains listed – and will continue to trade – on the Nasdaq First North Growth Market and no new ordinary shares will be issued as part of the process. Joining the OTCQB Venture Market will allow easier trading access for US investors, which the company believes will increase liquidity and turnover in the share as well as the possibility to broaden the shareholder base.
“As we continue to grow and position Wyld as a leading virtual satellite network operator for IoT services, we have seen considerable interest in the company from US-based investors. To leverage on this interest and increase visibility and accessibility in the US capital market, we decided to join the OTCQB Market”, said Alastair Williamson, CEO of Wyld Networks. “We are looking forward to the opportunities this will bring to the company, as well as the value we believe it will bring for our shareholders.”
Current financial disclosure and real time quotes for the share can be found on www.otcmarkets.com.
For further information, please contact:
Alastair Williamson, CEO Wyld Networks
E-mail: alastair.williamson@wyldnetworks.com
Tel: +44 7 824 997 689
About Wyld Networks AB
Wyld Networks develop and sells innovative wireless technology solutions that enables affordable connectivity anywhere in the World, addressing the problems for businesses and people regarding the lack of global mobile network coverage. The solutions are mainly targeted to wireless connectivity for the Internet of Things (IoT) and people. Wyld Networks Ltd was formed in Cambridge, UK in 2016 and is a wholly owned subsidiary of Wyld Networks AB. The Wyld Networks share (WYLD) is traded on the Nasdaq First North Growth Market. Certified Adviser is Mangold Fondkommission AB (tel +46 8-5030 1550, email ca@mangold.se). Read more on www.wyldnetworks.com
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