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Blackline joins the Know-how–Software program class of Canadian-listed issuers on the TSX
CALGARY, Canada — Blackline Security Corp. (TSX.V: BLN), a worldwide chief of hardware-enabled software program as a service (SaaS) expertise to industrial markets, right this moment introduced the Toronto Inventory Alternate (TSX) granted ultimate approval to record its widespread shares on the TSX when the market opens on Friday, June 11, 2021. Blackline’s widespread shares will start buying and selling on the TSX, underneath the ticker image BLN. Concurrently, Blackline widespread shares will probably be delisted from the TSX Enterprise Alternate.
The TSX commencement comes as Blackline experiences continued market adoption of its linked security expertise and cloud companies, reporting 16 consecutive quarters of year-over-year quarterly income development. The corporate lately ranked 321 on Deloitte’s Know-how Quick 500™, establishing itself amongst North America’s fastest-growing tech organizations, with a 428% five-year income development fee and continued worldwide growth.
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“After a yr of preparation, our Blackline management staff is celebrating our commencement to the Toronto Inventory Alternate by ringing the opening bell tomorrow morning,” stated Cody Slater, CEO, Blackline Safety. “It is a vital milestone for the enterprise that can improve our visibility and improve investor liquidity. With a observe report of development in each recurring service and {hardware} income, Blackline is well-positioned to speed up its international market growth within the coming years. With a robust working capital place and nil debt, our new itemizing prepares us for future innovation in software program, linked wearables and companies.”
Based in 2004, Blackline supplies main hardware-enabled SaaS security and productivity-focused expertise to enterprises in over 70 international locations. Enabling excessive efficiency emergency response, evacuation administration and effectivity workflows, Blackline combines mobile and satellite tv for pc connectivity, location expertise, a spread of sensors, fuel detection and information science. Collectively, these choices advance security efficiency and drive operational excellence throughout a broad vary of industries, from utilities, building and manufacturing to power, renewables and lots of others.
To study extra about Blackline’s portfolio of cloud-connected expertise and SaaS providing, go to www.BlacklineSafety.com.
About Blackline Security: Blackline Security is a worldwide linked security chief that helps to make sure each employee will get their job carried out and returns dwelling protected every day. Blackline supplies wearable security expertise, private and space fuel monitoring, cloud-connected software program and information analytics to satisfy demanding security challenges and improve productiveness of organizations with protection in additional than 100 international locations. Blackline Security wearables present a lifeline to tens of 1000’s of women and men, having reported over 140 billion data-points and initiated over 5 million emergency responses. Armed with mobile and satellite tv for pc connectivity, we be sure that assist is rarely too far-off. For extra info, go to www.BlacklineSafety.com and join with us on Facebook, Twitter, LinkedIn and Instagram.
Notice Concerning Ahead-Wanting Statements
This press launch incorporates forward-looking statements and forward-looking info (collectively “ahead trying info”) throughout the which means of relevant securities legal guidelines regarding, amongst different issues, Blackline Security’s expectation as to the timing of the itemizing on the TSX (and concurrent delisting from the TSXV) and anticipated advantages of such itemizing, together with elevated visibility and enhanced investor liquidity and Blackline Security’s perception that the brand new itemizing prepares Blackline for a future of latest software program, wearables, companies and improvements. Blackline supplied such forward-looking statements in reliance on sure expectations and assumptions that it believes are affordable on the time, together with expectations and assumptions regarding the timing and anticipated advantages of itemizing on the TSX. Though Blackline believes that the expectations and assumptions on which such forward-looking info relies are affordable, undue reliance shouldn’t be positioned on the forward-looking info as a result of Blackline may give no assurance that they’ll show to be appropriate. Ahead-looking info addresses future occasions and circumstances, which by their very nature contain inherent dangers and uncertainties, together with the dangers that itemizing might not happen on the instances described herein or that Blackline might not understand any of the anticipated advantages to itemizing described herein. Blackline’s precise outcomes, efficiency or achievement might differ materially from these expressed in, or implied by, the forward-looking info and, accordingly, no assurance might be on condition that any of the occasions anticipated by the forward-looking info will transpire or happen, or if any of them achieve this, what advantages Blackline will derive therefrom. Administration has included the above abstract of assumptions and dangers associated to forward-looking info supplied on this press launch in an effort to present readers with a extra full perspective on Blackline’s future operations and such info might not be applicable for different functions. Readers are cautioned that the foregoing lists of things aren’t exhaustive. These forward-looking statements are made as of the date of this press launch and Blackline disclaims any intent or obligation to replace publicly any forward-looking info, whether or not on account of new info, future occasions or outcomes or in any other case, aside from as required by relevant securities legal guidelines.
Neither TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this launch.
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Contacts
INVESTOR/ANALYST CONTACT
Cody Slater, CEO
cslater@blacklinesafety.com
Phone: +1 403 451 0327
MEDIA CONTACT
Heather Houston
hhouston@daltonagency.com
Phone: +1 904 398 5222
Cellphone: +1 386 216 9472