Xigem Technologies to start trading today on the OTCQB Venture Market

Xigem Technologies Corporation, a technology provider for the remote economy, said that it has been approved for trading to start in its shares on the OTCQB Venture Market on Wednesday under the ticker symbol XIGMF. "We are pleased to offer investors yet another avenue for trading our shares and look forward to increasing the awareness around our company for US investors," Brian Kalish, co-founder and CEO of Xigem said in a statement. "We believe that trading on the OTCQB can lead to overall enhanced liquidity and visibility in global capital markets as we continue to execute against our strategy of building, acquiring and providing technologies for the ever-emerging remote economy." The OTCQB is the mid-tier OTC equity market, which lists primarily early-stage and developing companies in the US and international markets. OTCQB companies must meet certain minimum reporting standards. The OTCQB has helped companies build considerable shareholder value including enhanced liquidity and valuation. READ: Xigem Technologies closes acquisition of peer-to-peer payment app FOOi The Toronto-based technology company’s shares will continue to trade on the Canadian Securities Exchange under the symbol XIGM, and through the Deutsche Börse Group under the symbol 2C1. “An application with the Depository Trust & Clearing Corporation (DTCC) is currently pending to further enable the easier electronic clearing and settlement of the Company's common shares in the United States,” said the company. Xigem powers technology for the near trillion-dollar remote economy that businesses around the globe are embracing in a post-coronavirus pandemic economy. The company’s Software-as-a-Service (SaaS) technology platform, iAgent, provides organizations, businesses and consumers with the tools necessary to support remote working and learning. The company's software improves the capacity, productivity, and overall remote operations for businesses, consumers and other organizations. The company is marketing iAgent at a time when ecommerce, remote work, and learning is changing the face of the global economy. Nearly 70% of the American workforce is positioned to work remotely at least five days each month by 2025. By 2028, estimates say that 73% of all departments will have remote workers, with 33% of full-time employees working remotely. Contact the author Uttara Choudhury at uttara@proactiveinvestors.com Follow her on Twitter: @UttaraProactive