E-commerce and fintech company becomes latest in wave of technology listings on NEO
NEO is excited to welcome Logiq, Inc., a U.S.-based global provider of e-commerce and fintech solutions, to the NEO Exchange. Logiq began trading today on the NEO Exchange under the symbol LGIQ. Logiq’s common stock will continue to be traded in the U.S. on the OTCQX Market as LGIQ.
“Logiq’s Canadian capital markets debut on NEO further elevates our status as a Tier 1 stock exchange that is fuelling the innovation economy”
Logiq’s DataLogiq business provides a data-driven, end-to-end e-commerce marketing solution for brands and agencies. Through the integration of AI-powered technology, the Company offers a powerful option for small and medium-sized businesses (“SMBs”) in need of data-driven online marketing solutions.
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In Southeast Asia, Logiq’s AppLogiq business offers a mobile application development platform as-a-service (PaaS) which enables hundreds of thousands of SMBs to create mobile apps with little technical expertise or know-how. The Company also offers a mobile fintech payment platform and a hyper-local food delivery service.
“As a preeminent Canadian exchange, NEO exemplifies how state-of-the-art trading technology can increase investor confidence through greater visibility and liquidity, and elevate a listed company’s global profile,”said Brent Suen, Logiq’s President and Executive Chairman.
Tom Furukawa, Logiq’s CEO, added: “NEO and Logiq share a common vision in terms of leveling the playing field for stakeholders in our respective industries. NEO provides an exceptionally fair and transparent trading platform for investors and public companies, while Logiq enables SMBs to more effectively compete against e-commerce companies of any size. We look forward to a rewarding partnership with the NEO Exchange over the years ahead.”
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“Logiq’s Canadian capital markets debut on NEO further elevates our status as a Tier 1 stock exchange that is fuelling the innovation economy,” commented Jos Schmitt, President and CEO of the NEO Exchange. “We welcome Logiq to the NEO family, where they join an ever-expanding group of growth-focused and high-calibre issuers. We look forward to providing Logiq with greater exposure to the investor community, enhanced quality of trading, and exceptional service, while supporting their continued success as their listing partner of choice.”
Investors can trade shares of LGIQ through their usual investment channels, including discount brokerage platforms and full-service dealers.
Logiq joins over 140 corporations and funds listed on the NEO Exchange. NEO consistently facilitates about 15% of all volume traded in Canadian-listed companies and roughly 20% of all volume traded in Canadian ETFs.
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