Liquid Meta Announces Results of Annual General Meeting of Shareholders and Delisting Notice Date

Rhea-AI Summary

Liquid Meta Capital Holdings (OTC Pink: LIQQF) announced the results of its annual general meeting held on December 17, 2024. The company confirmed its delisting from CBOE Canada effective at the close of trading on December 23, 2024, following their September 25 announcement. Despite the delisting, Liquid Meta will remain a reporting issuer and maintain its OTCPK listing.

At the meeting, shareholders elected Jonathan Wiesblatt, Nicolas del Pino, David Prussky, and Michael Ostfield to the board of directors. Each director received 94.77% of votes in favor (7,045,001 votes) and 5.23% withheld (389,000 votes). Shareholders also approved Crowe Mackay LLP as the company's auditors.

Positive

• High shareholder approval rate of 94.77% for all board directors
• Maintaining OTCPK listing ensures continued trading accessibility

Negative

• Delisting from CBOE Canada effective December 23, 2024
• Reduction in trading venues could impact stock liquidity

Toronto, Ontario--(Newsfile Corp. - December 19, 2024) - Liquid Meta Capital Holdings Ltd. (Cboe CA: LIQD) (FSE: N5F) (OTC Pink: LIQQF) ("Liquid Meta" or the "Company") announces the results of its annual general meeting of shareholders (the "Meeting") held on December 17, 2024. Further to its announcement on September 25, 2024, the Company also confirms that, pursuant to a CBOE Notice of Delisting, the common shares of the Company will be delisted from CBOE Canada as of close of trading on December 23, 2024.The Company will remain a reporting issuer and intends to maintain its listing of its common shares on the OTCPK for the foreseeable future.

At the Meeting, each of Jonathan Wiesblatt, Nicolas del Pino, David Prussky and Michael Ostfield were elected to the board of directors of the Company (the "Board") for the ensuing year. The Company's shareholders also approved the appointment of Crowe Mackay LLP as the auditors of the Company for the ensuing year and authorized the Board to determine the auditor's remuneration.

A total of 7,670,601 common shares were voted in connection with the election of the directors as follows:

Director	Votes For	% of Votes For	Votes Withheld	% of Votes Withheld
Jonathan Wiesblatt	7.045,001	94.77%	389,000	5.23%
Nicolas Del Pino	7.045,001	94.77%	389,000	5.23%
David Prussky	7.045,001	94.77%	389,000	5.23%
Michael Ostfield	7.045,001	94.77%	389,000	5.23%

 

About Liquid Meta

Prior to discontinuing its operations, Liquid Meta was a DeFi and Web3 focused company developing technology and operational expertise allowing it to build a scaled business within proof-of-stake based networks. Liquid Meta was focused on liquidity mining operations and planned to build proprietary software and tools to access, automate, and scale operations within the fast-growing DeFi segment of the blockchain industry.

Cautionary Notice

CBOE Canada has not reviewed or approved this press release for the adequacy or accuracy of its contents.

Forward-Looking Statements

This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Liquid Meta to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are described under the caption "Risks Factors" in the Company's Annual Information Form dated as of August 29, 2024 which is available for view on SEDAR+ at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this press release and Liquid Meta disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

For further information:

Jonathan Wiesblatt, President, CEO
Liquid Meta Investor Relations
investors@liquidmeta.io
jon@liquidmeta.io

SOURCE Liquid Meta Capital Holdings Ltd.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/234485

FAQ

When will LIQQF be delisted from CBOE Canada?

Liquid Meta (LIQQF) will be delisted from CBOE Canada at the close of trading on December 23, 2024.

Where can investors trade LIQQF shares after the CBOE Canada delisting?

After the CBOE Canada delisting, investors can continue trading LIQQF shares on the OTCPK market.

What was the voting result for Liquid Meta's board directors at the December 2024 AGM?

All four directors received 94.77% votes in favor (7,045,001 votes) and 5.23% votes withheld (389,000 votes).

Will LIQQF remain a reporting issuer after the CBOE Canada delisting?

Yes, Liquid Meta will remain a reporting issuer and maintain its OTCPK listing after the CBOE Canada delisting.