DGTL Holdings Inc. Provides Corporate Update
DGTL Holdings Inc (TSXV: DGTL) has received final TSX Venture Exchange acceptance for trading reinstatement, expected within two business days. Due to working capital deficiency and lack of active business operations, as disclosed in their 2024 FYE audited financials, the company will be transferred to NEX, as it no longer meets Tier 2 Issuer requirements.
The company plans to rebuild working capital and explore merger and acquisition opportunities to potentially return to TSXV. Additionally, DGTL has updated Exchange filings regarding a past agreement with Red Cloud Securities Inc (RCSI), which provided market-making services from October 2021 for a monthly fee of $5,000. This agreement has expired, and RCSI currently maintains no interest in the company.
DGTL Holdings Inc (TSXV: DGTL) ha ricevuto l'accettazione finale da parte della TSX Venture Exchange per la reintegrazione delle negoziazioni, prevista entro due giorni lavorativi. A causa di una carenza di capitale circolante e della mancanza di operazioni aziendali attive, come rivelato nei loro bilanci finanziari auditi per l'anno fiscale 2024, l'azienda sarà trasferita a NEX, in quanto non soddisfa più i requisiti per gli Emittenti di Categoria 2.
L'azienda prevede di ricostruire il capitale circolante ed esplorare opportunità di fusione e acquisizione per tornare eventualmente al TSXV. Inoltre, DGTL ha aggiornato le registrazioni presso la Borsa riguardanti un precedente accordo con Red Cloud Securities Inc (RCSI), che ha fornito servizi di market-making da ottobre 2021 per una commissione mensile di $5,000. Questo accordo è scaduto e RCSI attualmente non mantiene alcun interesse nell'azienda.
DGTL Holdings Inc (TSXV: DGTL) ha recibido la aceptación final de la TSX Venture Exchange para la reinstitución de las operaciones de negociación, que se espera ocurra dentro de dos días hábiles. Debido a una deficiencia de capital de trabajo y a la falta de operaciones comerciales activas, como se divulga en sus estados financieros auditados para el año fiscal 2024, la compañía será transferida a NEX, ya que ya no cumple con los requisitos de Emisor de Nivel 2.
La compañía planea reconstruir el capital de trabajo y explorar oportunidades de fusiones y adquisiciones para potencialmente regresar al TSXV. Además, DGTL ha actualizado los archivos de la Bolsa sobre un acuerdo pasado con Red Cloud Securities Inc (RCSI), que proporcionó servicios de creación de mercado desde octubre de 2021 por una tarifa mensual de $5,000. Este acuerdo ha expirado y RCSI actualmente no tiene interés en la compañía.
DGTL Holdings Inc (TSXV: DGTL)는 거래 재개에 대한 TSX Venture Exchange의 최종 승인을 받았으며, 이는 2영업일 이내에 예상됩니다. 운영 자본 부족과 활성 비즈니스 운영 부족으로 인해 2024 회계 연도의 감사 재무제표에서 밝혔듯이, 이 회사는 더 이상 Tier 2 발행인 요건을 충족하지 않으므로 NEX로 이전됩니다.
회사는 운영 자본을 재건하고 TSXV로의 잠재적 복귀를 위해 합병 및 인수 기회를 탐색할 계획입니다. 추가로, DGTL은 2021년 10월부터 월 $5,000의 수수료로 시장 조성 서비스를 제공한 Red Cloud Securities Inc (RCSI)와의 과거 합의에 대한 거래소 파일을 업데이트했습니다. 이 합의는 만료되었으며 RCSI는 현재 회사에 대한 관심이 없습니다.
DGTL Holdings Inc (TSXV: DGTL) a reçu l'acceptation finale de la TSX Venture Exchange pour la reprise de son trading, prévue dans les deux jours ouvrables. En raison d'une insuffisance de capital de travail et d'un manque d'opérations commerciales actives, comme indiqué dans ses états financiers audités pour l'exercice 2024, la société sera transférée à NEX, ne répondant plus aux exigences des émetteurs de Catégorie 2.
La société prévoit de reconstruire son capital de travail et d'explorer des opportunités de fusion et d'acquisition pour éventuellement revenir au TSXV. De plus, DGTL a mis à jour les dépôts auprès de la Bourse concernant un accord passé avec Red Cloud Securities Inc (RCSI), qui a fourni des services de market-making depuis octobre 2021 pour un tarif mensuel de 5 000 $. Cet accord a expiré et RCSI n’a actuellement aucun intérêt pour la société.
DGTL Holdings Inc (TSXV: DGTL) hat die endgültige Genehmigung der TSX Venture Exchange für die Wiederaufnahme des Handels erhalten, die innerhalb von zwei Geschäftstagen erwartet wird. Aufgrund von Mängeln beim Betriebskapital und der fehlenden aktiven Geschäftstätigkeit, wie in ihren geprüften Finanzberichten für das Geschäftsjahr 2024 offengelegt, wird das Unternehmen zu NEX übertragen, da es die Anforderungen an Tier-2-Emittenten nicht mehr erfüllt.
Das Unternehmen plant, das Betriebskapital wiederaufzubauen und Möglichkeiten für Fusionen und Übernahmen zu erkunden, um möglicherweise zum TSXV zurückzukehren. Darüber hinaus hat DGTL die Börseneinreichungen bezüglich einer früheren Vereinbarung mit Red Cloud Securities Inc (RCSI) aktualisiert, die ab Oktober 2021 für eine monatliche Gebühr von 5.000 USD Marktmacherdienste bereitstellte. Diese Vereinbarung ist abgelaufen, und RCSI hat derzeit kein Interesse an dem Unternehmen.
- None.
- Company faces working capital deficiency
- No current active business operations
- Downgrade from TSXV to NEX exchange
- No longer meets Tier 2 Issuer requirements
Toronto, Ontario--(Newsfile Corp. - December 12, 2024) - DGTL Holdings Inc (TSXV: DGTL) ("DGTL" or "The Company") reports final TSX Venture Exchange ("Exchange") acceptance of a reinstatement of trading. An Exchange bulletin will be posted with an official trading reinstatement date (expected within two business days from the date of this release).
As a result of the recent restructuring process, and as disclosed in the 2024 FYE audited annual financial statements (filed October 22, 2024), the Exchange notes a working capital deficiency and no current active business operations. Thus, pursuant to Exchange Policy 2.5, the Exchange has determined that The Company does not currently meet the Continued Listing Requirements for a Tier 2 Issuer and is required to transfer its common shares to the NEX in conjunction with the acceptance of a reinstatement of trading. Moving forward, The Company reports that it plans to replenish working capital and evaluate new and accretive merger and acquisition opportunities that would qualify The Company to return to the TSXV.
In addition, pursuant to Exchange Policy 3.4, The Company reports that it has updated prerequisite Exchange filings for a past agreement with Red Cloud Securities Inc ("RCSI"). RCSI was engaged on October 1, 2021 to provide market making services in compliance with all applicable securities laws and Exchange policies. RCSI was paid a monthly fee of
For more information on DGTL Holdings Inc. please contact:
John Belfontaine
Chief Executive Officer
DGTL Holdings Inc.
Email: IR@dgtlinc.com
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233515
FAQ
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