SalesCloser Technologies Announces DTC Eligibility, Enabling Electronic Settlement of Trades in the United States

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Postmedia has not reviewed the content. by GlobeNewswire SalesCloser Technologies Announces DTC Eligibility, Enabling Electronic Settlement of Trades in the United StatesAuthor of the article:Common shares are now eligible for electronic clearing and settlement in the United States through The Depository Trust Company, simplifying the process of trading and enhancing liquidity of the Company’s shares in the United StatesTHIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountVancouver, BC, Sept. 21, 2026 (GLOBE NEWSWIRE) — SalesCloser Technologies Ltd. (“SalesCloser” or the “Company”) (TSXV: SCAI) (OTCQB: SCTLF) (FSE: MJ5), a pioneer in autonomous AI sales technology, is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through The Depository Trust Company (“DTC”).DTC is a subsidiary of The Depository Trust & Clearing Corporation (“DTCC”) and manages the electronic clearing and settlement of publicly traded securities in the United States. Securities eligible for electronic clearing and settlement through DTC are considered to be “DTC eligible” and may be traded through participating brokerage firms using electronic book-entry transfers, without the need for physical share certificates. DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company’s common shares in the United States. This electronic method of clearing securities speeds up the receipt of stock and cash and accelerates the settlement process for investors and brokers, reduces administrative cost, and enables the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againThe Company’s common shares commenced trading on the OTCQB Venture Market under the symbol “SCTLF” on July 7, 2026, and continue to trade on the TSX Venture Exchange under “SCAI” and on the Frankfurt Stock Exchange under “MJ5”. DTC eligibility completes the operational groundwork behind the Company’s U.S. quotation, making it more straightforward for U.S. investors to hold and trade SalesCloser common shares through their existing brokerage relationships and making the Company’s shares more accessible to the U.S. investment community. Existing shareholders are not required to take any action as a result of the Company’s common shares becoming DTC eligible.“Our shares have been quoted in the United States since July, and DTC eligibility is the step that makes holding them as routine as any other position in a U.S. brokerage account,” said Ali Tajskandar, Chief Executive Officer of SalesCloser. “As our commercial footprint expands across North America, we want the mechanics of owning the stock to be a non-issue for investors who want exposure to what we are building.”About SalesCloserSalesCloser.ai is a Vancouver-based AI software company focused on automating and scaling revenue generation through conversational AI. The Company’s platform enables businesses to deploy AI-powered virtual sales agents that engage prospects and customers across the sales lifecycle. SalesCloser’s agents conduct real-time, personalized interactions across voice, video, and digital channels, including lead qualification, product demonstrations, follow-ups, and meeting scheduling. By augmenting core sales functions, the platform helps organizations increase capacity, accelerate pipeline velocity, and improve conversion rates without a corresponding increase in headcount. The platform integrates with existing CRM and business systems, supports multilingual deployment, and delivers consistent, high-quality customer interactions across industries. SalesCloser operates under a subscription-based SaaS model, generating recurring revenue with strong visibility and high gross margins while continuously enhancing its AI capabilities. The Company’s technology is supported by a growing portfolio of patents and patent applications focused on improving the performance of AI-driven conversational workflows. SalesCloser.ai is listed on the TSX Venture Exchange under the ticker “SCAI”, on the OTCQB Venture Market under the ticker “SCTLF”, and on the Frankfurt Stock Exchange under the ticker “MJ5”. For more information, visit the SalesCloser investor site at: https://investors.salescloser.aiThis advertisement has not loaded yet.This advertisement has not loaded yet, but your article continues below.Corporate ContactAdrian Lim, CFOEmail: investors@salescloser.aiPhone: 778 655 4329Investor Relations ContactArx Investor RelationsNorth American Equities DeskSCAI@arxhq.comForward-Looking StatementsStatements that are not reported financial results or other historical information are forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, “forward-looking statements”). This press release includes forward-looking statements regarding the Company, its subsidiaries and the industries in which they operate, including statements about and references to the anticipated benefits of DTC eligibility, including the simplification of the process of trading, enhanced liquidity of the Company’s common shares in the United States, accelerated settlement timelines, reduced administrative cost and friction for investors and broker-dealers, broader access to the Company’s common shares through U.S. brokerage firms, and greater accessibility of the Company’s shares to the U.S. investment community, the anticipated benefits of the Company’s quotation on the OTCQB Venture Market and its listings on the TSX Venture Exchange and the Frankfurt Stock Exchange, the Company’s plans to increase its visibility and accessibility within the United States capital markets, expected results from future operations, future growth of the Company’s products and platforms, the future development and increased use of products incorporating artificial intelligence, technology development initiatives, future profitability, business and acquisition strategies, opportunities, objectives, prospects, the impact of broader economic factors on the Company, and future events and performance. Sentences and phrases containing or modified by words such as “expect”, “anticipate”, “plan”, “continue”, “estimate”, “intend”, “may”, “will”, “project”, “predict”, “potential”, “targets”, “is designed to”, “strategy”, “should”, “believe”, “contemplate” and similar expressions, and the negative of such expressions, are not historical facts and are intended to identify forward-looking statements. Readers are cautioned to not place undue reliance on forward-looking statements. Actual results and developments may differ materially from those contemplated by forward-looking statements. Although the Company believes that the expectations reflected in forward-looking statements in this press release are reasonable and are based on, among other things, the expectations and analysis of current market trends and opportunities of management of the Company, such forward-looking statements have been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including, but not limited to, the Company’s continued ability to satisfy applicable DTC, OTCQB, TSX Venture Exchange and other regulatory requirements, the willingness of brokerage firms, custodians and institutional platforms to support trading in the Company’s common shares, market demand and investor interest, trading activity and liquidity in the Company’s common shares, changes to SalesCloser and other product’s revenue and profitability, changes to customer preferences, competition, use cases for SalesCloser and other products, economic uncertainty and instability as a result of the ongoing inflation and supply chain issues, higher interest rate climate, tightening of credit availability and recessionary risks, pandemic related risks, wars, tariffs, instability in global commodity and securities markets, shifts in consumer and institutional spending and marketing strategies, risks related to data breaches and privacy, the changing global market and competition for the products and services supplied by the Company, and the additional risk factors discussed in the continuous disclosure materials of the Company which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.