Predictiv AI Announces Reinstatement Of Trading On The TSX Venture Exchange NEX Board
Toronto, Canada, January 22, 2024 – Predictiv AI Inc. (TSX-V: PAI; OTC: INOTF) ("Predictiv AI" or the "Company"), www.predictiv.ai, is pleased to announce that further to its news release announcing the revocation of the cease trade order (the “CTO”) dated November 29, 2023, the TSX Venture Exchange (the “TSXV”) has lifted the trading halt imposed on the Company’s common shared (the “Common Shares”) in connection with the CTO. The Common Shares will resume trading on the TSXV NEX Board at the open of the market today.
The trading symbol for Predictiv AI will change from PAI to PAI.H. There is no change in the Company's name, no change in its CUSIP number and no consolidation of capital. PAI continues to review opportunities that will qualify the Company to return to the TSXV.
About Predictiv AI Inc.
Predictiv AI Inc. www.predictiv.ai is a technology company which helps businesses and organizations make smarter decisions using advanced artificial intelligence, deep machine learning and data science techniques. Its Weather Telematics Inc. subsidiary uses patented air quality monitoring sensors to provide predictive weather risk information to the insurance, logistics, fleet management and public safety sectors. The Company's R&D division, AI Labs Inc., develops new products that solve real-world business problems. Due to financial constraints, Predictiv AI’s operations have been put on hold.
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Cautionary and Forward-Looking Statements
Statements contained in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. 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. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results of the Company to differ materially from the conclusion, forecast or projection stated in such forward-looking statements. These risks, uncertainties and other factors include, but are not limited to factors referenced in the Company's other continuous disclosure filings, which are available at sedarplus.ca. Readers should not place undue reliance on these forward-looking statements. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE