LIMERICK, Ireland, Oct. 25, 2021 /CNW/ - kneat.com,
inc. (TSXV: KSI) ("Kneat" or the "Company") a
leader in digitizing and automating validation processes, is
pleased to announce that it has received conditional approval to
uplist (the "Uplisting") its common shares (the "Common Shares") to
the Toronto Stock Exchange (the "TSX") from the TSX Venture
Exchange (the "TSXV").
"Listing on Canada's largest
exchange is a significant milestone for the Company and will help
to increase brand recognition. This will broaden the Company's
visibility and access to domestic and international institutional
investors seeking to invest in one of the world's leading
validation software companies," said Eddie Ryan, CEO of Kneat.
Final approval of the Uplisting is subject to the Company
meeting certain conditions required by the TSX. Upon completion of
the final listing requirements, the Company's Common Shares will be
delisted from the TSXV. Kneat common shares will continue to trade
under the stock symbol "KSI" upon listing on the TSX. The Company
will issue a press release once the expected commencement date for
trading of Kneat's Common Shares on the TSX is confirmed.
About Kneat
Kneat, a Canadian company with operational headquarters in
Limerick, Ireland, develops and
markets the next generation Kneat Gx SaaS platform. Multiple
business work processes can be configured on the platform from
equipment to computer system validation, through to quality
document management. Kneat's software allows users to author,
review, approve, execute testing online, manage any exceptions, and
post approve final deliverables in a controlled FDA 21 CFR Part 11/
Eudralex Annex 11 compliant platform. Macro and micro report
dashboards enable powerful oversight into all systems, projects and
processes globally. Customer case studies are reporting
productivity improvements in excess of 100% and a higher data
integrity and compliance standard. For more information visit
www.kneat.com.
Cautionary and Forward-Looking Statements
Except for the statements of historical fact contained herein,
certain information presented constitutes "forward-looking
information" within the meaning of applicable Canadian securities
laws. Such forward-looking information, includes, but is not
limited to, the relationship between Kneat and the customer,
Kneat's business development activities, the use and implementation
timelines of Kneat's software within the customer's validation
processes, the ability and intent of the customer to scale the use
of Kneat's software within the customer's organization and the
compliance of Kneat's platform under regulatory audit and
inspection. While such forward-looking statements are expressed by
Kneat, as stated in this release, in good faith and believed by
Kneat to have a reasonable basis, they are subject to important
risks and uncertainties. As a result of these risks and
uncertainties, the events predicted in these forward-looking
statements may differ materially from actual results or events.
These forward-looking statements are not guarantees of future
performance, given that they involve risks and uncertainties. Kneat
does not undertake any obligation to release publicly revisions to
any forward-looking statement, except as may be required under
applicable securities laws. Investors should not assume that any
lack of update to a previously issued forward-looking statement
constitutes a reaffirmation of that statement. Continued reliance
on forward-looking statements is at an investors' own risk.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
SOURCE kneat.com, inc.
