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Trading to Commence on October 7, 2024 under Upstream Ticker Symbol ‘GCAC’
Vancouver, British Columbia, Canada, October 2, 2024 – TheNewswire – Global Compliance Applications Corp. (“GCAC” or “Company”) (CSE: APP, FSE: TK6, OTCQB: FUAPF), a veteran centric vertically integrated marketing provider, today announced the approval to list its shares on Upstream, a revolutionary securities trading app designed to eliminate barriers for international investment into North America while not competing with other exchanges domestically, such as the Canadian Securities Exchange (“the CSE”). Trading begins on Upstream October 7, 2024, at 10:00 am ET under the ticker symbol ‘GCAC’.
Upstream was designed to provide companies like GCAC the channel to access an international, digital-first investor base that trade using USDC digital currency along with credit, debit, PayPal, and USD which could unlock liquidity and enhance price discovery. The dual listing is expected to enhance GCAC’s global investment exposure and potential investment opportunities. GCAC’s current shareholders and its listings on the CSE, OTC markets and Frankfurt will not be affected by the listing to Upstream.
“We believe securing this listing on Upstream will help unlock additional liquidity and expand our global shareholder base by reaching untapped international markets,” said Brad Moore, CEO of GCAC. “As we continue on the path towards future value creation for our stakeholders, it is increasingly important that we can share our developments both domestically and internationally. We look forward to working with the team at Upstream for our listing on October 7.”
Existing non-U.S. and non-Canadian investors may prepare for the listing by downloading Upstream from their preferred app store at https://upstream.exchange/, creating an account by tapping sign up, and completing a simple KYC identity verification. Note, U.S. or Canadian persons may not deposit, buy, or sell securities on Upstream.
Traders on Upstream’s smart contract-powered platform will experience real-time trading and settlement, and a transparent order book that does not permit common market manipulations.
Details on the GCAC listing and deposit and trading instructions can be found at https://globalcompliance.app/. The Upstream market is open 5 days a week, 20 hours a day, Monday to Friday: 10:00am to 06:00am UTC+4 (1:00am to 9:00pm EST).
Transferring GCAC Shares to Upstream
Existing non-U.S./non-Canadian shareholders may initiate the transfer of their shares by opening Upstream, tapping Investor, Manage Securities, Deposit Securities, then entering the ticker symbol ‘GCAC’ and the number of shares to deposit, and tapping Submit. Next, investors enter their brokerage firm name and brokerage account number, then tap Submit. Lastly, investors tap Add E-Signature, sign their name on the screen using their finger, tap Done, and then tap Sign.
After completion of the deposit request on Upstream, shareholders will receive via email an executed deposit form to submit to their current brokerage firm to initiate a withdrawal to the transfer agent. Shares will not be transferred without notifying the current broker and requesting a withdrawal. On listing day, shareholders will receive a push notification once the shares are deposited and available for trading on Upstream.
About Upstream
Upstream, a MERJ Exchange market (https://merj.exchange/), is a regulated global securities trading exchange. Powered by Horizon Fintex's proprietary, transparency-first, matching engine, Upstream allows investors outside of the U.S. and Canada to trade regulated securities using just an app. For more information, please visit https://upstream.exchange/. Upstream is currently accepting applications to dual list at https://upstream.exchange/getlisted.
About Global Compliance Applications Corp. “GCAC”
GCAC is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. GCAC's leading solution is Efixii, an Ethereum Layer 2 blockchain and EVM programming functionality that is on par with other Layer-2's. GCAC can connect product producers, distributors, manufacturers, and retailers through a series of value chain dApps that allows for data connectivity to drive better consumer experiences and sales. GCAC serves as a one-stop digital-coupon shop that saves users money on cannabis and CBD that may have Efixii-blockchain verified seed to sale lifecycle information. GCAC works in many agricultural industries providing a value-added blockchain offering through a cost-effective SaaS licensing model.
For more information, please visit https://globalcompliance.app/, or review its profile on https://sedar.com/ and the Canadian Securities Exchange https://thecse.com/.
GCAC Press Contact
+1 (800) 409-5679
Upstream Disclaimers
U.S. and Canadian persons may not deposit, buy, or sell securities on Upstream. This communication shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted. All orders for sale are non-solicited by Upstream and a user’s decision to trade securities must be based on their own investment judgment.
Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, a National Numbering Agency, and a member of ANNA. MERJ is regulated in the Seychelles by the Financial Services Authority, https://fsaseychelles.sc/, an associate member of the International Association of Securities Commissions (IOSCO). MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agree to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development-stage companies. There can be no assurance the valuation of any particular company’s securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.
Forward-Looking Information
This news release may include forward-looking information within the meaning of Canadian securities legislation concerning the business of GCAC. Forward-looking information is based on certain key expectations and assumptions made by the management of GCAC. Although management of the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because GCAC can give no assurance that they will prove to be correct. Forward-looking statements contained in this news release are made as of the date of this news release. GCAC disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this information.
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