PHOENIX – (TSX: VQS and OTCQX: VQSLF), a global provider of secure, AI-driven, digital voice and video capture technology and automated transcription services, today reported its common shares were approved for listing on the Nasdaq Capital Market.
VIQ received approval to list its common shares on the Nasdaq under the symbol “VQS.” VIQ will provide a subsequent announcement of the date trading of its common shares will commence on the Nasdaq. VIQ’s common shares will continue to trade on the OTCQX until trading begins on Nasdaq. VIQ will also retain its listing on the Toronto Stock Exchange under the symbol “VQS.”
“The Nasdaq listing represents a significant milestone for VIQ and is an important next step in our development,” said Sebastien Paré, Chief Executive Officer, VIQ Solutions. “The listing is a testament to our team’s diligent work executing our growth strategy, providing products that create tangible value and fostering meaningful relationships with our growing client base. We believe this listing will result in a number of long-term benefits for our shareholders, including elevating VIQ’s public profile, providing greater liquidity, expanding our shareholder base, and gaining additional coverage by technology analysts.”
“While there was continuing volatility with Covid-related shutdowns in some of our global markets, our revenue remains steady and our client list continues to grow,” said Susan Sumner, President and Chief Operating Officer. “We are building the foundation to scale organic growth and complete accretive M&A, both domestically and across the globe. We remain committed to implementing our comprehensive strategy to consolidate the fragmented transcription industry and seek to complete one or two transactions before the end of 2021.”
VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services. VIQ offers a seamless, comprehensive solution suite that delivers intelligent automation, enhanced with human review, to drive transformation in the way content is captured, secured, and repurposed into actionable information. The cyber-secure, AI technology and services platform are implemented in the most rigid security environments including criminal justice, legal, insurance, media, government, corporate finance, media, and transcription service provider markets, enabling them to improve the quality and accessibility of evidence, to easily identify predictive insights and to achieve digital transformation faster and at a lower cost.
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