Mr. Brad Moore reports
GCAC ANNOUNCES APPLICATION TO LIST ON UPSTREAM - A NEXT GENERATION MERJ EXCHANGE MARKET
Global Compliance Applications Corp. has submitted an application to dual list its shares on Upstream, a revolutionary securities trading app designed to eliminate barriers for international investment into North American public companies while not competing with domestic exchanges, such as the Canadian Securities Exchange or Nasdaq Stock Market.
Upstream provides public companies with access to an international, retail investor base that can trade regulated securities using USDC digital currency along with credit/debit cards, PayPal and United States dollars. Anyone may open an account on Upstream as there are no stockbrokers to qualify for. Upstream users are connected directly to the stock exchange where they may freely trade
Global Compliance shares and derivatives.
Upstream does not permit short selling, does not allow payment for order-flow, has public, real-time orderbooks and offers automated market-making to enhance issuer liquidity.
The planned uplisting is expected to enhance Global Compliance's global exposure, expand investment opportunities, unlock liquidity and improve price discovery. Global Compliance's current shareholders, and its listings on CSE and OTC Markets, will not be adversely affected by a successful listing to Upstream.
"We believe that our application to list on Upstream will help GCAC improve liquidity, enhance price discovery and provide reach to a new international investor base," said Brad Moore, president and chief executive officer of Global Compliance. "Upstream is a fully regulated trading app with a global audience of investors in regions where trading in U.S. or Canadian listed micro-cap securities like GCAC is almost impossible. We expect Upstream to be an excellent vehicle for to reach this as yet untapped base of new investors for us."
Approval to be listed on Upstream is subject to acceptance by MERJ Exchange Ltd. However, as an existing CSE issuer, Global Compliance may be eligible for an expedited listing review and approval process.
Non-U.S./Canadian investors may prepare for the potential listing by downloading Upstream from their preferred app store on-line, creating an account by tapping sign up, and completing a simple KYC identity verification process.
About Global Compliance Applications Corp.
Global Compliance is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses.
We seek Safe Harbor.
© 2024 Canjex Publishing Ltd. All rights reserved.