ZenaTech Announces Listing of its Common Shares on the Mexican Stock Exchange
ZenaTech (Nasdaq: ZENA), a technology company focused on AI drone solutions, Drone-as-a-Service, enterprise SaaS, and Quantum Computing, has announced the approval of its common shares for listing and trading on the Mexican Stock Exchange (BMV). The shares began trading under the symbol 'ZENA' on the BMV's International Quotation System (SIC) on January 23, 2025. The company, which is already listed on Nasdaq and Frankfurt Stock Exchange (FSE), aims to expand its geographical market presence and enhance shareholder liquidity through this new listing.
ZenaTech (Nasdaq: ZENA), un'azienda tecnologica specializzata in soluzioni di droni basate su intelligenza artificiale, Drone-as-a-Service, SaaS per le imprese e calcolo quantistico, ha annunciato l'approvazione delle sue azioni ordinarie per la quotazione e il trading sulla Borsa Messicana (BMV). Le azioni hanno iniziato a essere scambiate con il simbolo 'ZENA' nel Sistema di Quotazione Internazionale (SIC) della BMV il 23 gennaio 2025. L'azienda, già quotata al Nasdaq e alla Borsa di Francoforte (FSE), mira ad espandere la propria presenza sul mercato geografico e migliorare la liquidità per gli azionisti tramite questa nuova quotazione.
ZenaTech (Nasdaq: ZENA), una empresa tecnológica centrada en soluciones de drones con IA, Drone-as-a-Service, SaaS empresarial y computación cuántica, ha anunciado la aprobación de sus acciones ordinarias para cotizar y operar en la Bolsa Mexicana (BMV). Las acciones comenzaron a negociarse bajo el símbolo 'ZENA' en el Sistema de Cotización Internacional (SIC) de la BMV el 23 de enero de 2025. La empresa, que ya está cotizada en el Nasdaq y la Bolsa de Francfort (FSE), tiene como objetivo expandir su presencia en el mercado geográfico y mejorar la liquidez de los accionistas a través de esta nueva cotización.
제나텍 (Nasdaq: ZENA), 인공지능 드론 솔루션, 드론 서비스(Drones-as-a-Service), 기업 SaaS 및 양자 컴퓨팅에 중점을 둔 기술 회사가 멕시코 증권 거래소 (BMV)에서 일반주식의 상장 및 거래 승인을 발표했습니다. 이 주식은 2025년 1월 23일에 BMV의 국제 인용 시스템(SIC)에서 'ZENA' 기호로 거래를 시작했습니다. 이미 나스닥 및 프랑크푸르트 증권 거래소(FSE)에 상장된 이 회사는 새로운 상장으로 지리적 시장 존재를 확장하고 주주 유동성을 향상시키는 것을 목표로 하고 있습니다.
ZenaTech (Nasdaq: ZENA), une entreprise technologique axée sur les solutions de drones alimentées par l'IA, le Drone-as-a-Service, les SaaS pour entreprises et l'informatique quantique, a annoncé l'approbation de ses actions ordinaires pour la cotation et le trading à la Bourse mexicaine (BMV). Les actions ont commencé à être négociées sous le symbole 'ZENA' dans le Système de cotation international (SIC) de la BMV le 23 janvier 2025. L'entreprise, déjà cotée au Nasdaq et à la Bourse de Francfort (FSE), vise à étendre sa présence sur le marché géographique et à améliorer la liquidité des actionnaires grâce à cette nouvelle cotation.
ZenaTech (Nasdaq: ZENA), ein Technologieunternehmen, das sich auf KI-Drohnenlösungen, Drone-as-a-Service, Unternehmens-SaaS und Quantencomputing konzentriert, hat die Genehmigung seiner Stammaktien für die Notierung und den Handel an der mexikanischen Börse (BMV) bekannt gegeben. Die Aktien begannen am 23. Januar 2025 unter dem Symbol 'ZENA' im internationalen Quotationssystem (SIC) der BMV zu handeln. Das Unternehmen, das bereits an der Nasdaq und der Frankfurter Börse (FSE) notiert ist, plant, seine geografische Marktpräsenz auszubauen und die Liquidität der Aktionäre durch diese neue Notierung zu erhöhen.
- Expanded market access through new Mexican Stock Exchange listing
- Potential increase in trading liquidity for shareholders
- Enhanced international market presence with third major exchange listing
- None.
Insights
The approval for listing on the Mexican Stock Exchange (BMV) marks ZenaTech's strategic expansion into Latin American capital markets, representing its third major exchange listing alongside NASDAQ and Frankfurt. While this move appears positive on the surface, its immediate material impact warrants careful consideration.
The BMV listing through its International Quotation System (SIC) primarily serves to:
- Enhance trading liquidity by providing Mexican institutional investors direct local market access
- Reduce trading friction and currency conversion costs for Latin American investors
- Create potential for inclusion in Mexican market indices and ETFs
- Establish a stronger regional presence as ZenaTech expands its business operations
However, trading volumes on secondary listings typically remain modest compared to the primary exchange. The BMV's SIC system, while growing, historically accounts for a relatively small portion of overall trading activity for international companies. The real value proposition lies in the long-term strategic positioning and enhanced visibility in Latin American markets rather than immediate liquidity benefits.
From a regulatory perspective, the SIC listing maintains relatively streamlined compliance requirements since ZenaTech's primary listing and reporting obligations remain with NASDAQ. This allows the company to access Mexican investors without significant additional regulatory burden or costs.
While the listing expansion demonstrates management's commitment to increasing shareholder accessibility and market presence, investors should maintain measured expectations regarding its near-term impact on trading dynamics and valuation.
VANCOUVER, British Columbia, Jan. 24, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone-as-a-Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces that it its common shares are approved for listing and trading on the BMV: Bolsa Mexicana de Valores (Mexican Stock Exchange). The shares trade under the symbol “ZENA” on its International Quotation System (SIC), effective January 23, 2025.
“As we continue to expand our business into new geographical markets, this additional listing on the Mexican Stock Exchange not only broadens our international exposure but provides increased liquidity for our shareholders. We look forward to sharing our story with Mexican investors as we continue to drive value for our shareholders,” said CEO Shaun Passley, Ph.D.
About ZenaTech
ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, accuracy and cost savings. The company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network.
About ZenaDrone
ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, and the IQ Nano indoor drone is used for inventory management in the warehouse and logistics sectors.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Contacts for more information:
Company, Investors and Media:
Linda Montgomery
ZenaTech
312-241-1415
investors@zenatech.com
Investors:
Michael Mason
CORE IR
investors@zenatech.com
Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.
FAQ
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