T STAMP INC
('Trust Stamp' or 'The Company')
Trust Stamp Confirms Initiation of Priced Quotations on US OTC Trading System
28 January 2021: Trust Stamp (Euronext Growth: AIID ID), a global provider of AI-powered identity services for use in multiple sectors, is pleased to announce the initiation of priced quotations for the assigned OTC Markets Symbol of "IDAI" following FINRA's processing of a Form 211.
B. Riley Securities Inc. (NASDAQ: RILY), a diversified financial services and business advisory company, will act as the sponsoring broker-dealer and is authorised to begin a market-making process having demonstrated compliance with FINRA Rule 6432. Within three days of 27 January 2021, B. Riley will initiate a Bid/Offer quotation ($16.72 - $18.39) on OTC Link ATS, the SEC-regulated Alternative Trading System operated by OTC Markets Group Inc.
Gareth Genner, CEO and Co-Founder of Trust Stamp commented: "In response to interest from our US Based Shareholders, Trust Stamp is working towards a listing on the OTCQX public market with the goal of giving investors the ability to trade shares over a local market with a reputation for established companies with high financial standards, best practices for corporate governance and compliance with SEC regulations. By pursuing a U.S. listing in parallel to our presence on the Euronext Growth market, we hope to facilitate a larger trading volume, boost liquidity, and strengthen our cross-Atlantic visibility."
FINRA's processing of Form 211 in no way constitutes FINRA's approval of the security, the issuer, or the issuer's business and relates solely to the submitting broker-dealer's obligation to comply with FINRA Rule 6432 and SEA Rule 15c2-11 when quoting a security.
Enquiries
Trust Stamp Tel: +1 404 806 9906
Gareth Genner, Chief Executive Officer
Nisha Naik, Executive VP of Communications
Davy (Euronext Growth Advisor) Tel: +353 1 679 6363
Fergal Meegan / Barry Murphy
Powerscourt (Financial Public Relations) Tel: +353 87 236 5973
Eavan Gannon Email: [email protected]
About Trust Stamp
Trust Stamp is a global provider of AI-powered identity services for use in multiple sectors including banking and finance, regulatory compliance, government, real estate, communications, and humanitarian services. Its technology empowers organisations with biometric identity solutions that reduce fraud, protect personal data privacy, increase operational efficiency, and reach a broader base of users worldwide through its unique data transformation and comparison capabilities.
Located in six countries across North America, Europe and Asia, and listed on Euronext Growth in Dublin, Trust Stamp was founded in 2016 by Gareth Genner and Andrew Gowasack. The company now employs over 60 people with flagship customers including Mastercard International and Synchrony Financial.
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