VANCOUVER, BC, May 7, 2021 /CNW/ - KITS Eyecare Ltd. (TSX:
KITS) (OTCQX: KTYCF) ("KITS" or the "Company"), a rapidly growing,
vertically integrated, digitally native eyecare platform, today
announced it has been approved for immediate trading on the OTCQX®
Best Market ("OTCQX"), the top tier of the OTC Markets.
Shares of the company were upgraded to OTCQX from the Pink®
market.
Kits Eyecare Ltd. begins trading today on OTCQX under the symbol
"KTYCF." U.S. investors can find current financial disclosure and
Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Upgrading to the OTCQX Market is an important step for companies
seeking to provide transparent trading for their U.S. investors.
For companies listed on a qualified international exchange,
streamlined market standards enable them to utilize their home
market reporting to make their information available in the U.S. To
qualify for OTCQX, companies must meet high financial standards,
follow best practice corporate governance and demonstrate
compliance with applicable securities laws.
"Our continued success with executing on our strategic plan has
led to increased interest in our stock. Upgrading to the OTCQX will
increase the liquidity of our stock and enhance access for U.S.
Shareholders seeking to gain exposure to what we believe will
become the leading vertically integrated, asset light model in
eyecare," said Sabrina Liak, CFO of KITS.
U.S. investors can find current financial disclosures for the
Company on www.otcmarkets.com. For more information, visit
ir.kits.com.
About KITS:
KITS is a rapidly growing, vertically integrated, digitally native
eyecare platform for eyes everywhere. We offer customers
access to a vast selection of contact lenses and eyeglasses,
including our own exclusive KITS designed products, as well as a
robust suite of online vision tools. Our efficient digital
platform, backed by our industry-leading manufacturing and designs,
removes intermediaries and enables us to offer great prices and
deliver made to order personalized products with incredible care
and accuracy. We are creating disruption in the industry by
constantly pursuing cutting-edge technologies to enable the best
customer experience, including online eyewear fitting tools,
virtual try-on for glasses, and an integrated online vision test.
We strive to delight our customers with our competitive prices, a
convenient digital shopping experience, fast and reliable delivery
options and an unrelenting focus on earning our customers' lifelong
trust. For more information on KITS, visit: www.KITS.com.
SOURCE KITS Eyecare Ltd.