Revitalist Announces DTC Eligibility

Rhea-AI Summary

Revitalist Lifestyle and Wellness Ltd. has announced its eligibility for Depository Trust Company (DTC) services, enhancing trading access for U.S. investors under the ticker RVLWF. CEO Kathryn Walker expressed enthusiasm about this milestone, which aims to broaden investor access and liquidity in the U.S. market. The DTC facilitates electronic clearing and settlement, easing stock trading processes. Revitalist operates five clinics across the U.S. and is committed to improving wellness through innovative treatment options.

Positive

• Eligibility for DTC services enhances trading access for U.S. investors.
• Expected to increase liquidity and broaden the investor base for RVLWF stock.

Negative

• None.

VANCOUVER, British Columbia--(BUSINESS WIRE)-- REVITALIST LIFESTYLE AND WELLNESS LTD. (“Revitalist” or the “Company”) (CSE: CALM) (OTC: RVLWF) (FSE:4DO) is pleased to announce it is now eligible for Depository Trust Company ("DTC") services in relation to the Company's listing on the OTC. Through the OTC listing, United States investors may more easily trade RVLWF stock.

Kathryn Walker, CEO, commented, "I am extremely pleased that Revitalist is now DTC eligible, as this allows the Company to provide wider access to U.S. investors and provides U.S. investors with more opportunities to acquire Revitalist stock. We look forward to expanding our investor base in the U.S. market and to the enhanced access and liquidity that DTC eligibility will provide."

DTC is a subsidiary of the Depository Trust and Clearing Corporation (DTCC), one of the world's largest securities depositories that manages the electronic clearing and settlement of publicly traded companies. Revitalist is now eligible to be electronically cleared and settled, which will streamline the process of trading, enhance liquidity, and provide direct access to investors in the U.S. OTC capital markets.

ABOUT REVITALIST LIFESTYLE AND WELLNESS

Revitalist Lifestyle and Wellness Ltd. (CSE: CALM) (OTC: RVLWF) (FSE: 4DO) is a publicly traded company, headquartered in Knoxville, Tennessee, with five clinics operating across the United States and expanding. Revitalist is dedicated to empowering individuals toward an improved quality of well-being through a combination of comprehensive care and future-centric treatments provided by medical professionals, mental health experts, and chronic pain specialists. Since opening their first clinic in 2018, Revitalist has provided thousands of infusions for patients suffering from treatment-resistant conditions. Additionally, Revitalist offers a number of lifestyle optimization services and vitamin infusions that can bring anyone closer to total wellness. For more information, please visit www.revitalist.com or follow us at:

Twitter: @RevitalistCorp
Facebook: @RevitalistLifestyleandWellnessLtd.
Instagram: @RevitalistCorp
LinkedIn: @RevitalistLifestyleAndWellnessLtd

On Behalf of the Board
Kathryn Walker
Chief Executive Officer

For additional information and to be added to the Company’s mailing list, please click here.

Forward Looking Statements

This news release contains forward-looking statements and information within the meaning of applicable securities legislation. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Revitalist to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements or information contained in this news release.

Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211028005426/en/

Revitalist Lifestyle and Wellness Ltd.

Email: IR@revitalist.com

Tel: (865) 585-8414

Source: Revitalist Lifestyle and Wellness Ltd.

FAQ

What does DTC eligibility mean for Revitalist (RVLWF)?

DTC eligibility allows Revitalist to facilitate easier trading and settlement of its stock for U.S. investors.

How will DTC services impact RVLWF stock trading?

DTC services will enhance trading accessibility and liquidity for RVLWF stock, making it more attractive to investors.

What is the significance of Revitalist's OTC listing?

The OTC listing enables Revitalist to be traded in the U.S. market, increasing visibility and investment opportunities.

Who is the CEO of Revitalist Lifestyle and Wellness Ltd.?

Kathryn Walker is the CEO of Revitalist Lifestyle and Wellness Ltd.

Where is Revitalist located?

Revitalist is headquartered in Knoxville, Tennessee, with five clinics operating across the United States.