Tokens.com to Change TSX-V Ticker Symbol to XBOT

Rhea-AI Summary

Tokens.com, a tech company focused on AI-integrated humanoid robots, will change its TSX Venture Exchange ticker symbol to XBOT, effective May 24, 2024. The company's OTCQB ticker was previously changed to XBOTF on May 17, 2024, while its Frankfurt Exchange symbol remains 76M. CEO Andrew Kiguel states that the new tickers and upcoming rebrand will align more with their business operations. The company has registered 'Realbotix' as its business name and will propose a legal name change to Realbotix Corp. at their AGM on July 9, 2024. They claim significant shareholder support for the name change. Final approvals will be sought at the AGM and per TSX Venture Exchange rules.

Positive

• The change to ticker symbol XBOT aligns with the company's focus on AI-integrated humanoid robots.
• Both TSX-V and OTCQB tickers (XBOT, XBOTF) now match, providing consistency.
• Name change to Realbotix has significant shareholder support (over 40% of shares).
• Rebranding efforts may enhance brand recognition and market presence.

Negative

• No immediate financial impact or new business developments announced.
• The ticker and name changes do not guarantee improved stock performance.
• Potential costs and administrative efforts associated with rebranding and legal name change.

TORONTO--(BUSINESS WIRE)-- Tokens.com Corp. (TSX-V: COIN) (Frankfurt Stock Exchange: 76M) (OTCQB US: XBOTF) (“Tokens.com” or the “Company”), a technology company focused on building AI-integrated humanoid robots, will be changing its TSX Venture Exchange ticker symbol to XBOT, effective pre-market open on May 24, 2024.

The Company had previously announced a change to its OTCQB ticker to XBOTF, which became effective May 17, 2024. The Company's Frankfurt Exchange ticker symbol will remain unchanged as 76M.

“We are pleased to be changing our TSX-V ticker to XBOT to match our new OTC ticker, XBOTF. These tickers, along with our upcoming rebrand, will more accurately reflect our main business operations,” said Andrew Kiguel, CEO of Tokens.com.

In addition, the Company has registered “Realbotix” as its business name and will propose a legal name change to Realbotix Corp. at its next annual general meeting (“AGM”), currently scheduled for July 9, 2024. In discussions with major shareholders comprising over 40% of the issued and outstanding shares, management and the board believe there is widespread support for the name change. Final approvals in connection with the name change will be sought at the AGM and in accordance with TSX Venture Exchange regulations.

The ticker symbol changes and the corporate name change to Realbotix were determined by management to more adequately reflect the Company's principal business operations and consolidate the brand under one banner.

About Tokens.com

Tokens.com is a technology company focused on building ultra-realistic humanoid robotics and companionship based AI. Tokens.com owns 100% of Simulacra Corp., 15.3% of StoryFire Inc., an inventory of cryptocurrencies and several crypto related domain names.

Visit Tokens.com to learn more.

Keep up-to-date on Tokens.com developments and join our online communities on Twitter, LinkedIn, and YouTube.

Forward-Looking Statements

This news release includes certain forward-looking statements as well as management’s objectives, strategies, beliefs and intentions. Forward looking statements are frequently identified by such words as “may”, “will”, “plan”, “expect”, “anticipate”, “estimate”, “intend” and similar words referring to future events and results. Forward-looking statements are based on the current opinions and expectations of management. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of cryptocurrencies, as described in more detail in our securities filings available at www.sedarplus.ca. Actual events or results may differ materially from those projected in the forward-looking statements and we caution against placing undue reliance thereon. We assume no obligation to revise or update these forward-looking statements except as required by applicable law.

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240521725963/en/

Tokens.com Corp.



Andrew Kiguel, CEO

Email: contact@tokens.com



Jennifer Karkula, Head of Communications

Email: contact@tokens.com

Telephone: 647-578-7490

Source: Tokens.com Corp.

FAQ

What is the new TSX-V ticker symbol for Tokens.com?

The new TSX-V ticker symbol for Tokens.com is XBOT, effective May 24, 2024.

When did Tokens.com change its OTCQB ticker symbol to XBOTF?

Tokens.com changed its OTCQB ticker symbol to XBOTF on May 17, 2024.

What is the purpose of Tokens.com's rebranding to Realbotix?

The rebranding to Realbotix aims to align the company's brand with its focus on AI-integrated humanoid robots.

When is Tokens.com's AGM to propose the legal name change?

Tokens.com will propose the legal name change at its AGM on July 9, 2024.

Has the Frankfurt Exchange ticker symbol for Tokens.com changed?

No, Tokens.com's Frankfurt Exchange ticker symbol remains 76M.