Mr. Chris Yeung reports
UNIVERSAL DIGITAL INC. ANNOUNCES DTC ELIGIBILITY
Universal Digital Inc.'s common shares are eligible for electronic clearing and settlement in the United States through the Depository Trust Company.
DTC eligibility streamlines the electronic trading process for U.S. investors by enabling faster and more efficient clearing and settlement of the company's common shares within the U.S. financial system. This milestone is expected to enhance liquidity, improve accessibility for both institutional and retail investors, and simplify the process of trading Universal Digital's shares on the OTCQB market under the symbol LFGMF.
"We are pleased to have achieved DTC eligibility, which is an important step in improving the visibility and convenience of trading Universal Digital shares in the U.S. capital markets," said Christopher Yeung, chief executive officer. "With this approval, our U.S. investors can now benefit from a more seamless settlement process, supporting our broader strategy to expand the company's reach and investor base."
Restricted share unit grants to advisers
The company also announces that it has granted an aggregate of 170,000 restricted share units under its long-term incentive plan to two arm's-length advisers. Each RSU will vest on Nov. 1, 2025, subject to the terms of the company's long-term incentive plan.
About Universal Digital Inc.
Universal Digital is a Canadian investment company focused on digital assets, businesses, and private and publicly listed entities that are involved in high-growth industries, with a particular focus on blockchain, cryptocurrencies and cryptocurrency technologies. The company aims to provide shareholders with long-term capital growth through a diversified investment approach and to participate in the transformation of global finance through the integration of digital asset strategies.
We seek Safe Harbor.
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