Edgewater Wireless Engages Independent Trading Group as Market Maker
Edgewater Wireless Systems (TSXV: YFI) (OTC: KPIFF), specializing in Wi-Fi Spectrum Slicing technology, has engaged Independent Trading Group (ITG) as its market maker. The agreement, pending regulatory approval, aims to maintain reasonable market conditions and enhance the liquidity of company shares across the TSXV and other trading venues.
The arrangement includes a monthly compensation of CAD$5,000 to ITG, with an initial one-month term that automatically renews unless terminated with 30 days' notice. The agreement contains no performance factors, and ITG will not receive shares or options as compensation. Both parties have confirmed no pre-existing interests or affiliations in each other's securities.
Edgewater Wireless Systems (TSXV: YFI) (OTC: KPIFF), specializzata nella tecnologia di Wi-Fi Spectrum Slicing, ha ingaggiato Independent Trading Group (ITG) come suo market maker. L'accordo, in attesa di approvazione regolamentare, mira a mantenere condizioni di mercato ragionevoli e a migliorare la liquidità delle azioni della società su TSXV e in altri mercati di scambio.
L'accordo prevede un compenso mensile di CAD$5,000 a ITG, con un termine iniziale di un mese che si rinnova automaticamente, a meno che non venga terminato con un preavviso di 30 giorni. L'accordo non contiene fattori di performance, e ITG non riceverà azioni o opzioni come compenso. Entrambe le parti hanno confermato di non avere interessi o affiliazioni preesistenti nei titoli dell'altra parte.
Edgewater Wireless Systems (TSXV: YFI) (OTC: KPIFF), especializada en tecnología de Wi-Fi Spectrum Slicing, ha contratado a Independent Trading Group (ITG) como su creador de mercado. El acuerdo, pendiente de aprobación regulatoria, tiene como objetivo mantener condiciones de mercado razonables y mejorar la liquidez de las acciones de la empresa en TSXV y otros lugares de negociación.
El arreglo incluye una compensación mensual de CAD$5,000 para ITG, con un plazo inicial de un mes que se renueva automáticamente a menos que se rescinda con un aviso de 30 días. El acuerdo no contiene factores de rendimiento, y ITG no recibirá acciones u opciones como compensación. Ambas partes han confirmado que no tienen intereses o afiliaciones preexistentes en los valores de la otra parte.
엣지워터 무선 시스템 (TSXV: YFI) (OTC: KPIFF), Wi-Fi 스펙트럼 슬라이싱 기술 전문 회사, 는 인디펜던트 트레이딩 그룹 (ITG)를 시장 조성자로 고용했습니다. 이 계약은 규제 승인을 기다리고 있으며, 합리적인 시장 조건을 유지하고 TSXV 및 기타 거래소에서 회사 주식의 유동성을 향상시키는 것을 목표로 하고 있습니다.
이번 협약은 ITG에 매달 CAD$5,000의 보상을 포함하며, 초기 1개월 기간이 있으며, 30일 전에 해지하지 않는 한 자동으로 갱신됩니다. 계약에는 성과 요소가 없으며, ITG는 보상으로 주식이나 옵션을 받지 않습니다. 양 당사자는 서로의 증권에 대한 사전 이해관계나 제휴가 없음을 확인했습니다.
Edgewater Wireless Systems (TSXV: YFI) (OTC: KPIFF), spécialisée dans la technologie Wi-Fi Spectrum Slicing, a engagé Independent Trading Group (ITG) en tant que market maker. L'accord, en attente d'approbation réglementaire, vise à maintenir des conditions de marché raisonnables et à améliorer la liquidité des actions de l'entreprise sur le TSXV et d'autres lieux de négociation.
Le contrat comprend une compensation mensuelle de CAD$5,000 pour ITG, avec un terme initial d'un mois qui se renouvelle automatiquement, sauf résiliation avec un préavis de 30 jours. L'accord ne contient aucun facteur de performance, et ITG ne recevra pas d'actions ou d'options en compensation. Les deux parties ont confirmé qu'il n'y a pas d'intérêts ou d'affiliations préexistants dans les valeurs mobilières de l'autre.
Edgewater Wireless Systems (TSXV: YFI) (OTC: KPIFF), spezialisiert auf Wi-Fi Spectrum Slicing Technologie, hat Independent Trading Group (ITG) als seinen Market Maker engagiert. Die Vereinbarung, die noch der Genehmigung durch die Aufsichtsbehörden bedarf, zielt darauf ab, angemessene Marktbedingungen aufrechtzuerhalten und die Liquidität der Unternehmensaktien an der TSXV sowie an anderen Handelsplätzen zu verbessern.
Die Vereinbarung beinhaltet eine monatliche Vergütung von CAD$5,000 an ITG, mit einer anfänglichen Laufzeit von einem Monat, die sich automatisch verlängert, es sei denn, sie wird mit einer Frist von 30 Tagen gekündigt. Der Vertrag enthält keine Leistungsfaktoren, und ITG wird keine Aktien oder Optionen als Vergütung erhalten. Beide Parteien haben bestätigt, dass sie keine bestehenden Interessen oder Verbindungen an den Wertpapieren der jeweils anderen Partei haben.
- Potential improvement in stock liquidity through professional market-making services
- Additional monthly expense of CAD$5,000 for market-making services
Under the agreement, ITG will receive compensation of
About Independent Trading Group
Independent Trading Group (ITG) Inc. is a
About Edgewater Wireless
We make Wi-Fi. Better.
For everyone, everywhere.
Edgewater Wireless (edgewaterwireless.com) is the industry leader in innovative Spectrum Slicing technology, transforming Wi-Fi performance for residential and enterprise markets. Our advanced Wi-Fi silicon solutions, Access Points, and IP licensing deliver unparalleled economic value by enhancing network efficiency, reducing congestion, and improving quality of service for service providers and their customers. With 26 granted patents, Edgewater’s Multi-Channel, Spectrum Slicing technology is redefining the economics of Wi-Fi, enabling service providers to maximize their infrastructure investments while delivering next-generation performance today.
Edgewater’s physical layer Spectrum Slicing allows a frequency band to be divided or sliced, enabling more radios to operate efficiently within the same spectrum. Think of Spectrum Slicing like upgrading from a single-lane road to a multi-lane highway—dramatically increasing capacity and throughput, regardless of Wi-Fi technology. A recently completed Proof of Concept (PoC) with a major Tier 1 Service Provider demonstrated 7 to 18 times performance gains in
For more information, visit edgewaterwireless.com.
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. Although Edgewater Wireless believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Edgewater Wireless can give no assurance that they will prove to be correct. By its nature, such forward-looking information is subject to various risks and uncertainties, which could cause Edgewater Wireless’ actual results and experience to differ materially from the anticipated results or expectations expressed. These risks and uncertainties, include, but are not limited to access to capital markets, market forces, competition from new and existing companies and regulatory conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release or otherwise, and to not use future-oriented information or financial outlooks for anything other than their intended purpose. Edgewater Wireless undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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Edgewater Wireless Contacts:
Andrew Skafel, President and CEO
E: andrews@edgewaterwireless.com
Bill Mitoulas, Investor Relations
E: ir@edgewaterwireless.com
T: +1.416.479.9547
Source: Edgewater Wireless Systems Inc.
FAQ
What is the purpose of Edgewater Wireless (KPIFF) engaging ITG as market maker?
How much will Edgewater Wireless (KPIFF) pay ITG for market-making services?
What is the duration of the market-making agreement between KPIFF and ITG?
Will ITG receive any shares or options from Edgewater Wireless (KPIFF)?
