ClearVue completes US listing onto OTCQB®
26 April 2021: Smart building materials company ClearVue Technologies Limited (ASX:CPV) (ClearVue or the Company) is pleased to confirm that the Company is now dual listed in the US trading on the OTCQB® under the stock ticker CVUEF.
Further to the Company’s Market Update of 30 March 2021 the Company is pleased to confirm that its secondary listing onto the OTCQB® market in the US has completed all compliance steps and will now go live after ASX market close today.
Trading will commence on the OTCQB® market from Monday 26th April at 9.30am Eastern Daylight Time (GMT-04:00).
As announced earlier, ClearVue has sought the OTCQB® listing to provide its current and potential new North American investors with appropriate accessibility and liquidity to invest in the Company and with the ability for North American investors to trade and settle during US trading hours in US dollars.
The OTCQB® market has rigorous financial reporting and corporate governance requirements, both of which will be satisfied through the Company’s ongoing ASX compliance. In completing the OTC listing process the Company has had to provide the last two years of its announcements and financial disclosures made to the ASX such that North American investors can readily investigate and complete their due diligence on the company directly from the OTC Markets platform at: https://www.otcmarkets.com/stock/CVUEF/overview
The Company’s listing has been assisted with the support of the team at Viriathus Capital. B. Riley Securities acted as the Company's OTCQB® sponsor.
The Company's primary listing will continue to be the Australian Securities Exchange (ASX), with its shares having secondary listings on the German exchanges in Frankfurt and Stuttgart and more recently the Böerse Berlin (https://www.boerse-berlin.de/index.php/Aktien?isin=AU0000003816) and now the OTCQB® Market in New York in the United States.
Commenting on the US OTCQB® listing, Executive Chairman Victor Rosenberg has said:
“ClearVue is very pleased to have now listed onto the OTC. The Company has a large commercial focus on the key market of the US where we see significantly increased interest in potential sales enquiry activity following the new focus on infrastructure renewal, climate change and renewable solutions under the new administration in Washington. We expect the ClearVue story will resonate with US based investors interested in technologies that are climate responsible and offer strong ESG end-user outcomes with long term significant growth potential.”
Authorised by the Board of ClearVue Technologies Limited.
For further information, please contact:
ClearVue Technologies Limited
Mr Victor Rosenberg
Executive Chairman
ClearVue Technologies Limited
victor@clearvuepv.com
+61 8 9482 0500
About OTC Markets and the OTCQB Market
OTC Markets Group Inc. (OTCMKTS:OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for over 10,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, OTC Markets connect a diverse network of broker-dealers that provide liquidity and execution services. OTC Markets enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.
OTC Link ATS and OTC Link ECN are operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.
There are currently more than 10,500 securities traded on the OTC Markets with approximately US$375 billion annual volume, of which approximately 1,000 securities trading on the OTCQB Venture Market with over US$40 billion total market capitalisation.
To learn more visit: www.otcmarkets.com
About Viriathus Capital
Viriathus Capital is a global boutique investment bank that provides the highest quality execution expertise and financial advice on a broad spectrum of international and complex transactions to private and public companies as well as institutional investors worldwide.
A part of the larger Viriathus group operating from four offices on three continents, Viriathus also provides exceptional and credible research, and merchant banking activities that develop and maintain institutional support for their client companies.
To learn more visit: www.viriathus.com
About B Riley Securities
B. Riley Securities, Inc. is a full-service investment bank and subsidiary of B. Riley Financial, Inc., based in Los Angeles with offices across the United States, providing corporate finance, research, sales and trading services.
To learn more visit: www.brileyfin.com
About ClearVue Technologies Limited
ClearVue Technologies Limited (ASX: CPV) is an Australian technology company that operates in the Building Integrated Photovoltaic (BPIV) sector which involves the integration of solar technology into building surfaces, specifically glass and building façades, to provide renewable energy. ClearVue has developed advanced glass technology that aims to preserve glass transparency to maintain building aesthetics whilst generating electricity.
ClearVue’s electricity generating glazing technology is strategically positioned to compliment and make more compelling, the increased use of energy-efficient windows now being regulated in response to global climate change and energy efficiency goals.
Solar PV cells are incorporated around the edges of an Insulated Glass Unit (IGU) used in windows and the lamination interlayer between the glass in the IGU incorporates ClearVue’s patented proprietary nano and micro particles, as well as its spectrally selective coating on the rear external surface of the IGU.
ClearVue’s window technology has application for use in the building and construction and agricultural industries (amongst others).
ClearVue has worked closely with leading experts from the Electron Science Research Institute, Edith Cowan University (ECU) in Perth, Western Australia to develop the technology.
To learn more please visit: www.clearvuepv.com
Forward Looking Statements
Statements contained in this release, particularly those regarding possible or assumed future performance, revenue, costs, dividends, production levels or rates, prices or potential growth of ClearVue Technologies Limited, are, or may be, forward looking statements. Such statements relate to future events and expectations and, as such, involve known and unknown risks and uncertainties. Actual results and developments may differ materially from those expressed or implied by these forward-looking statements depending on a variety of factors.
