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DENVER and VANCOUVER, British Columbia, June 16, 2021 (GLOBE NEWSWIRE) — SPOTLITE360 TECHNOLOGIES, INC. (“Spotlite360” or the “Firm”) (CSE: LITE) is happy to announce that after satisfying all necessities for its frequent shares (the “Frequent Shares”) to be listed on the Canadian Securities Alternate (the “CSE”), the Frequent Shares started buying and selling on the CSE below the ticker image LITE on Tuesday, June 15, 2021. In a recent press release the Firm introduced that on Could 25, 2021 it had obtained conditional approval to listing its Frequent Shares on the CSE topic to finishing customary itemizing necessities. This growth adopted the Firm’s acquisition of provide chain innovator Captios, LLC, which is now an entirely owned subsidiary of Spotlite360.
Captios was based by a gaggle of provide chain and healthcare executives and is targeted on the supply of a SaaS-based provide chain execution and sustainability platform (the “Spotlite360 Software program”) for enterprise prospects within the pharmaceutical, healthcare, and agricultural industries. By leveraging IoT applied sciences, blockchain, machine studying, and analytics, the Spotlite360 Software program is uniquely positioned to satisfy buyer wants for provide chain execution, tracing, monitoring, and sustainability. Potential advantages of the Spotlite360 Software program when utilized in an organization’s provide chain can embrace improved transparency, discount in loss and theft, elevated provide chain velocity, labour effectivity, improved asset utilization, and assist of world sustainability initiatives. Spotlite360 is specializing in the healthcare, pharmaceutical, and agriculture industries the place suppliers, producers, and shoppers in these industries are demanding improved visibility and data associated to ESG (environmental, social, and governance) issues. Moreover, inside every of those industries there’s elevated strain for firms to satisfy regulatory and compliance mandates.
Extra info relating to Spotlite360’s acquisition of Captios may be discovered within the Firm’s non-offering prospectus dated Could 26, 2021, out there on the Firm’s SEDAR profile at www.sedar.com.
Spotlite360 President James Greenwell commented, “Being listed on the CSE is a superb early-stage growth for the Firm as we work in direction of gaining visibility within the capital markets. The present resurgence of blockchain applied sciences displays a a lot larger degree of acceptance amongst enterprise gamers, particularly for provide chain functions. There are lots of milestones we plan to hit within the yr 2021, and we stay up for enabling buyers to affix us in our mission to set new requirements in provide chains across the globe.”
Moreover, Spotlite360 has engaged Stockhouse Publishing Ltd. and Proactive Traders LLC to offer monetary media companies for the Firm in its early phases as a publicly traded agency. The agreements carry a six-month time period for $5,000 – $10,000 per 30 days. Extra details about every service supplier may be discovered on the respective web site of every entity as listed beneath.
Stockhouse Publishing Ltd. https://stockhouse.com/
Proactive Traders LLC https://www.proactiveinvestors.com/
On behalf of the Board of Administrators of the Firm,
Spotlite360 Applied sciences Inc.
James Greenwell, President
For extra details about Spotlite360, please go to: https://spotlite360.com
Investor Relations and Media Inquiries
+1 (604) 687-2038
THE CANADIAN SECURITIES EXCHANGE (“CSE”) HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE, NOR HAS OR DOES THE CSE’S REGULATION SERVICES PROVIDER.
About Spotlite360 Applied sciences Inc.
Spotlite360 is a logistics applied sciences developer unlocking worth, alternatives, and efficiencies for all contributors in a provide chain. Constructing upon current functions of IoT applied sciences, distributed ledgers, and machine studying, Spotlite360 endeavours to set new requirements of transparency, integrity, and sustainability within the pharmaceutical, healthcare, and agriculture industries. As regulators throughout the globe start to impose new tracing and accountability necessities for the safety of shoppers (e.g., DSCSA and FSMA from the U.S. Meals and Drug Administration), the necessity for dependable, cost-effective, and versatile monitoring know-how is predicted to develop significantly. Spotlite360’s flagship SaaS answer has been engineered to seamlessly observe the motion of a product by integrating with techniques of all main stakeholders in a provide chain starting from the uncooked supplies to the palms of the top shopper. With a main goal of onboarding new purchasers in 2021, Spotlite360 plans to discover progressive use instances for its proprietary stack of applied sciences which may rework logistics workflows in among the world’s largest industries.
This information launch incorporates “forward-looking info” throughout the that means of relevant Canadian securities laws, with respect to the Firm. The forward-looking info included on this information launch is just not based mostly on historic details, however fairly on the expectations of the Firm’s administration relating to the long run progress of the Ensuing Issuer, its outcomes of operations, efficiency, enterprise prospects, and alternatives. This information launch makes use of phrases comparable to “will”, “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or related expressions to determine forward-looking info. Such forward-looking info displays the present beliefs of the Firm’s administration, based mostly on info presently out there to them.
This forward-looking info consists of, amongst different issues, statements referring to: the intentions, plans and future actions of the Firm; statements referring to the enterprise and future actions of the Firm; anticipated developments in operations of the Firm; market place, capability to compete, and future monetary or working efficiency of the Firm; the timing and quantity of funding required to execute the enterprise plans of the Firm; capital expenditures of the Firm; the impact on the Firm, of any modifications to current or new laws or coverage or authorities regulation; the size of time required to acquire permits, certifications and approvals; the provision of labour; estimated budgets; forex fluctuations; necessities for added capital; limitations on insurance coverage protection; the timing and attainable end result of regulatory and allowing issues; objectives; methods; future progress; the adequacy of economic assets; our expectations relating to revenues, bills and anticipated money wants.
As well as, any statements that check with expectations, intentions, projections or different characterizations of future occasions or circumstances include forward-looking info. Ahead-looking statements are based mostly on sure assumptions and analyses made by the Firm in mild of the expertise and notion of historic traits, present circumstances, and anticipated future developments and different components it believes are applicable, and are topic to dangers and uncertainties. Though the Firm believes that the assumptions underlying these statements are affordable, they could show to be incorrect, and there may be no assurance that precise outcomes can be according to these forward-looking statements. Given these dangers, uncertainties, and assumptions, potential buyers mustn’t place undue reliance on these forward-looking statements. Whether or not precise outcomes, efficiency, or achievements will conform to the expectations and predictions of the Firm is topic to various recognized and unknown dangers, uncertainties, assumptions, and different components, together with these listed within the Firm’s non-offering prospectus dated Could 26, 2021.
If any of those dangers or uncertainties materialize, or if assumptions underlying the forward-looking statements show incorrect, precise outcomes may fluctuate materially from these anticipated within the forward-looking statements. Data contained in forward-looking statements on this information launch is offered as of the date of this information launch, and the Firm disclaims any obligation to replace any forward-looking statements, whether or not on account of new info or future occasions or outcomes, besides to the extent required by relevant securities legal guidelines. Accordingly, potential buyers mustn’t place undue reliance on forward-looking statements or the data contained in these statements.
The entire forward-looking info contained on this information launch is expressly certified by the foregoing cautionary statements.
Assertion Concerning Third-Occasion Investor Relations Companies
Disclosures referring to investor relations corporations retained by Spotlite360 Applied sciences Inc. may be discovered below the Firm’s profile on https://sedar.com.