SPARQ Comments on Recent Market Activity
SPARQ Systems (TSXV: SPRQ) (OTCQB: SPRQF) has issued a statement in response to recent unusual market activity. The Company's management has confirmed, at the request of the Canadian Investment Regulatory Organization, that they are unaware of any material changes in their operations that could explain the recent increase in market activity.
SPARQ Systems (TSXV: SPRQ) (OTCQB: SPRQF) ha rilasciato una dichiarazione in risposta all'inaspettata attività di mercato recente. La direzione dell'azienda ha confermato, su richiesta dell'Organizzazione canadese per la regolamentazione degli investimenti, di essere non a conoscenza di alcun cambiamento materiale nelle loro operazioni che possa spiegare l'aumento recente dell'attività di mercato.
SPARQ Systems (TSXV: SPRQ) (OTCQB: SPRQF) ha emitido un comunicado en respuesta a la reciente actividad inusual del mercado. La dirección de la compañía ha confirmado, a solicitud de la Organización Canadiense de Regulación de Inversiones, que no están al tanto de ningún cambio material en sus operaciones que pueda explicar el reciente aumento en la actividad del mercado.
SPARQ Systems (TSXV: SPRQ) (OTCQB: SPRQF)는 최근의 비정상적인 시장 활동에 대한 대응으로 성명을 발표했습니다. 회사 경영진은 캐나다 투자 규제 기구의 요청에 따라 자신들이 운영에서 어떤 중요한 변화도 인지하지 못하고 있다고 확인했습니다. 이는 최근 시장 활동의 증가를 설명할 수 있습니다.
SPARQ Systems (TSXV: SPRQ) (OTCQB: SPRQF) a publié une déclaration en réponse à l'activité de marché récente et inhabituelle. La direction de l'entreprise a confirmé, à la demande de l'Organisme canadien de réglementation des investissements, qu'elle n'était pas au courant de changements matériels dans ses opérations pouvant expliquer l'augmentation récente de l'activité sur le marché.
SPARQ Systems (TSXV: SPRQ) (OTCQB: SPRQF) hat eine Erklärung als Antwort auf die jüngste ungewöhnliche Marktaktivität abgegeben. Die Unternehmensführung hat auf Anfrage der Canadian Investment Regulatory Organization bestätigt, dass sie von keinerlei wesentlichen Änderungen in ihren Betriebsabläufen, die den jüngsten Anstieg der Marktaktivität erklären könnten, nicht informiert sind.
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Toronto, Ontario--(Newsfile Corp. - January 2, 2025) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") wishes to confirm at the request of the Canadian Investment Regulatory Organization that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity.
ABOUT SPARQ
SPARQ designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary PV solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings.
SPARQ's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9.
Cautionary Note
Neither the TSXV nor its regulation services provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
For more information, please contact:
SPARQ Systems Inc.
Dr. Praveen Jain
Chief Executive Officer
Email: pjain@sparqsys.com
Tel: 343.477.1158
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/235832
FAQ
What caused the recent stock price movement in SPARQ Systems (SPRQF)?
Has SPARQ Systems (SPRQF) disclosed any operational changes causing the market activity?
Why did the Canadian Investment Regulatory Organization request clarification from SPARQ Systems (SPRQF)?
What is the regulatory status of SPARQ Systems (SPRQF) trading activity as of January 2025?
