- MediaValet (TSXV:MVP) will begin trading its shares on the Toronto Stock Exchange on June 14
- The company's shares will then automatically delist from the TSX Venture Exchange
- Shareholders aren't required to take any action in connection with its listing on the TSX
- MediaValet is a software-as-a-service company
- Shares of MediaValet were up 2.47 per cent to C$2.49 as of 12:09 p.m. EDT
MediaValet (MVP) has been approved to list its common shares on the Toronto Stock Exchange under its existing symbol, "MVP."
Shares of the company will begin trading on the TSX beginning Monday, June 14. As a result, MediaValet's shares will delist from the TSX Venture Exchange.
"We're pleased to have received final approval by the TSX," David MacLaren, founder & CEO of MediaValet, said in a release. "Over the past 12 months, we've hit an inflection that makes graduation to the TSX a natural next step as we continue to execute on our mission to be the leading provider of enterprise DAM software.
As the company's shares will move directly to the TSX, existing shareholders do not have to take action in connection with its listing on the TSX.
MediaValet is a software-as-a-service company built off Microsoft Azure and delivers security, reliability redundancy, compliance and scalability.
Shares of MediaValet were up 2.47 per cent to C$2.49 as of 12:09 p.m. EDT.