- Common shares of Rritual Superfoods (RSF) are now eligible for electronic clearing and settlement through the DTC
- The DTC manages the electronic clearing and settlement of publicly-traded companies in the United States
- DTC eligibility reduces costs and accelerates the settlement process for investors and brokers
- Rritual Superfoods is a premium brand in the emerging market for functional plant-based superfoods
- Rritual Superfoods Inc. (RSF) is down 4.76 per cent, trading at C$0.10 per share at 10:15 am EST
Common shares of Rritual Superfoods (RSF) are now eligible for electronic clearing and settlement through The Depository Trust Company (DTC) in the U.S.
DTC eligibility reduces costs and accelerates the settlement process for investors and brokers allowing its common shares to be traded over a wider selection of brokerage firms.
Existing investors benefit from potentially greater liquidity and faster execution speeds. This also opens the door to new investors that may have been previously restricted from purchasing the company’s common shares and simplifies the process of trading them in the United States.
“We are very pleased with obtaining DTC eligibility which represents an important step forward in increasing liquidity, broadening our shareholder base and building a strong presence for our company within the US capital markets,” said Warren Spence, Rritual CEO and director.
Rritual Superfoods is a premium brand in the emerging market for functional plant-based superfoods. Its product offerings include USDA-certified organic functional mushrooms and adaptogenic herbs.
Rritual Superfoods Inc. (RSF) is down 4.76 per cent, trading at C$0.10 per share at 10:15 am EST.
