Pri0r1ty Intelligence Group PLC on Tuesday said its shares will begin trading in the US after being approved for the OTCQB Venture Market.
The London-based software-as-a-service firm expects to join the decentralised marketplace on Wednesday. No new shares will be issued.
Pri0r1ty, which deploys AI agents for businesses, suggested the new listing will attract ‘AI- and digital asset-savvy investors’ which have a ‘strong presence’ in the US, according to company-cited analysis.
The shares will continue to trade on the AIM market in London. They were down 16% at 4.31 pence on Tuesday morning in London, having fallen by 60% in the past 12 months.
‘Pri0r1ty is operating at the intersection of the fast-growing markets of AI and data, with a complementary crypto treasury policy,’ commented Chief Executive James Sheehan.
‘Increasing access for US investors who are well tuned to these developing sectors is a natural step for the business and we are delighted to debut on OTCQB market tomorrow alongside AIM.’
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