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Fobi Ai Inc. Announces Commencement of Trading on OTCQB Under New Symbol “FOBIF” Fobi receives OTCQB approval for new symbol in connection with the final parts of rebrand from Loop Insights to Fobi

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VANCOUVER, British Columbia, June 09, 2021 (GLOBE NEWSWIRE) — Fobi AI Inc. (previously Loop Insights Inc.) (MTRX:TSXV) (RACMF:OTCQB) (the “Firm” or “Fobi”), a cutting-edge knowledge intelligence firm that helps our purchasers flip real-time knowledge into actionable insights and customized buyer engagement, is happy to announce that, additional to its press launch dated June 3, 2021 with respect to the Firm’s identify change and image change on the TSX Enterprise Alternate, the OTCQB Alternate (the “OTCQB”) has permitted the Firm’s buying and selling image change from “RACMF” to “FOBIF”.  Buying and selling within the frequent shares of the Firm underneath the brand new image will begin at market opening on June 10, 2021 on the OTCQB.

Rob Anson, FOBI CEO mentioned, “We’re excited to start buying and selling underneath our new ‘FOBIF’ image on the OTCQB and we imagine that the brand new ticker image matches our purpose of constant to strategically reposition Fobi as an enterprise participant and develop the enterprise. The image change aligns instantly with our new company & product model and can strengthen our visibility out there, making it simpler for present shareholders and potential buyers to seek out and comply with Fobi.”

No motion is required by present shareholders relative to the ticker image change.

This Press Launch Is Out there On the Fobi Website, and in addition on the Verified Forum On AGORACOM For Shareholder Dialogue And Administration Engagement.

About Fobi

Fobi is a cutting-edge knowledge intelligence firm that helps our purchasers flip real-time knowledge into actionable insights and customized buyer engagement to generate elevated earnings. Fobi’s distinctive IoT gadget has the flexibility to combine seamlessly into current infrastructure to allow knowledge connectivity throughout on-line and on-premise platforms creating extremely scalable options for our world purchasers. Fobi companions with a number of the largest firms on this planet to ship best-in-class options and operates globally within the retail, telecom, sports activities & leisure, on line casino gaming, and hospitality & tourism industries.

On Behalf of the Board
“Rob Anson”
Rob Anson
Director and Chief Govt Officer
+1 877-754-5336 Ext. 4.

Ahead-Wanting Statements/Info:

This information launch comprises sure statements which represent forward-looking statements or data. Such forward-looking statements are topic to quite a few dangers and uncertainties, a few of that are past the Firm’s management, together with the influence of common financial situations, trade situations, and competitors from different trade individuals, inventory market volatility and the flexibility to entry enough capital from inner and exterior sources. Though the Firm believes that the expectations in its forward-looking statements are affordable, they’re based mostly on elements and assumptions regarding future occasions which can show to be inaccurate. These elements and assumptions are based mostly upon at the moment out there data. Such forward-looking statements are topic to identified and unknown dangers, uncertainties and different elements that would affect precise outcomes or occasions and trigger precise outcomes or occasions to vary materially from these said, anticipated or implied within the forward-looking statements. As such, readers are cautioned to not place undue reliance on the forward-looking statements, as no assurance may be offered as to future plans, operations, outcomes, ranges of exercise or achievements. The forward-looking statements contained on this information launch are made as of the date of this information launch and, besides as required by relevant legislation, the Firm doesn’t undertake any obligation to publicly replace or to revise any of the included forward-looking statements, whether or not because of new data, future occasions or in any other case. The forward-looking statements contained on this doc are expressly certified by this cautionary assertion. Buying and selling within the securities of the Firm ought to be thought of extremely speculative. There may be no assurance that the Firm will be capable of obtain all or any of its proposed goals.

Neither the 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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