GetSwift Technologies Limited Announces Revocation of Cease Trade Order
GetSwift Technologies Limited ("GetSwift" or the "Corporation"; NEO: “GSW”), a leading provider of last mile SaaS logistics technology, is pleased to announce that the British Columbia Securities Commission (the “BCSC”) has issued a revocation order dated October 19, 2021, pursuant to which the BCSC and the Ontario Securities Commission revoke the failure-to-file cease trade order that was issued on October 5, 2021 (the “CTO”). The Corporation’s common shares resumed trading on the NEO Exchange on October 20, 2021.
The CTO was issued due to a failure to file the Corporation’s audited annual financial statements for its year ended June 30, 2021, the related management’s discussion and analysis, the Annual Information Form for the year-ended June 30, 2021, and the related CEO and CFO certifications (collectively, the “2021 Annual Filings”), by September 28, 2021 as previously announced in the Corporation’s news releases. The 2021 Annual Filings were filed on October 15, 2021 and are available on the Corporation’s SEDAR profile at www.sedar.com.
About GetSwift Technologies Limited
Technology to Optimise Global Delivery Logistics
GetSwift is a technology and services company that offers a suite of software products and services focused on business and logistics automation, data management and analysis, communications, information security, and infrastructure optimization and also includes ecommerce and marketplace ordering, workforce management, data analytics and augmentation, business intelligence, route optimization, cash management, task management shift management, asset tracking, real-time alerts, cloud communications, and communications infrastructure (collectively, the “GetSwift Offering”). The GetSwift Offering is used by public and private sector clients across industries and jurisdictions for their respective logistics, communications, information security, and infrastructure projects and operations.
GetSwift is headquartered in New York and its common shares are listed for trading on the NEO Exchange under the symbol “GSW”. For further background, please visit the Corporation’s profile on SEDAR at www.sedar.com and the Corporation’s website at www.getswift.co.
Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this news release and to other matters identified in public filings relating to the Corporation, to the future outlook of the Corporation and anticipated events or results and may include statements regarding the future financial performance of the Corporation. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts.
Forward-looking Statements involve various risks and uncertainties and are based on certain factors and assumptions. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's expectations include, without limitation, the risk factors set forth in (i) the 2021 Annual Financial Statements and (ii) the AIF under the heading "Risk Factors". The Corporation undertakes no obligation to update or revise any Forward-looking Statements, whether as a result of new information, future events or otherwise, except as may be required by law. New factors emerge from time to time, and it is not possible for the Corporation to predict all of them, or assess the impact of each such factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any Forward-looking Statement. Any Forward-looking Statements contained in this press release are expressly qualified in their entirety by this cautionary statement.
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