News from kvanto
LATEST COMPANY NEWS AND UPDATES
March 9, 2024
Kvanto Announces Strategic Move to NASDAQ for Enhanced Exposure and Investor Potential
Toronto, March 9, 2024 – Kvanto is thrilled to announce its strategic decision to list on NASDAQ, OTC BB, heading for NASDAQ – instead of the Stock Exchange in Canada. This move marks a significant step forward in Kvanto’s commitment to maximizing shareholder value and capitalizing on its remarkable growth trajectory.
With a robust order book and a promising pipeline of projects spanning across Europe, Canada, the USA, India, and latest a large project in South America, Kvanto is positioned for unparalleled growth in accordance with its established strategic vision.
“Our decision to list on NASDAQ is a testament to our unwavering dedication to our investors and our commitment to driving sustainable growth in the short and long term,” said Jesper Skorstengaard, CEO at Kvanto.
“The move will provide us with significantly greater exposure, attract a broader investor base, and ultimately enhance trading volume, enabling us to add substantial capital to fuel our expansion initiatives.” Companies like Facebook, Google and Amazon are listed on NASDAQ.
The decision to transition to NASDAQ reflects Kvanto’s commitment to unlocking new opportunities and maximizing shareholder value. By leveraging the NASDAQ platform, Kvanto aims to enhance transparency, liquidity, and accessibility for investors while solidifying its future position as a global leader in the Payment sector.
“We are confident that the transition to NASDAQ will not only amplify our market presence but also enable us to execute our strategic initiatives with precision and efficiency,” added Mr. Skorstengaard.
Kvanto reassures its stakeholders that the listing process on NASDAQ will proceed seamlessly and does not anticipate any significant delays beyond the previously established timeline. The company remains committed to maintaining transparent communication throughout the transition period.
For more information please contact:
Jesper V. Skorstengaard
Mail: jvs@kvanto.com
Phone: +45 40333396
March 7, 2024
Kvanto Announces Resignation of Canadian Chairman Martin Fraser Due to Health Reasons
Toronto, Canada – Kvanto, regrets to announce the resignation of Mr. Martin Fraser, the esteemed Chairman of the Board for Kvanto’s Canadian operations. Mr. Fraser has made the difficult decision to step down from his position with immediate effect due to health reasons.
During his tenure, Mr. Fraser has made significant contributions to Kvanto, especially in spearheading the company’s efforts to transition into a public entity. His dedication and leadership has been invaluable, and he will be sincerely missed by the entire Kvanto family. We extend our heartfelt gratitude to Mr. Fraser for his unwavering commitment and wish him a speedy recovery and all the best in his future endeavors.
Kvanto is actively engaged in the process of identifying Mr. Fraser’s successor. Over the past week, the company has conducted several meetings with potential candidates in Canada. We are confident in our ability to appoint a new Chairman of the Board in the very near future, ensuring continuity and stability in our leadership structure.
Despite this transition, Kvanto’s commitment to its strategic objectives remains unwavering. The company’s pursuit of listing on the Stock Exchange continues unabated, fueled by our determination and unwavering effort.
Kvanto remains focused on delivering value to our stakeholders and achieving our corporate goals. We appreciate the ongoing support of our investors, partners, and employees as we navigate this transition period.
For further inquiries, please contact:
Jesper V. Skorstengaard, CEO
Mail: jvs@kvanto.com
Phone: +45 40333396