Appointment of new Board Chair
CALGARY, AB, Oct. 19, 2020 /CNW/ - Katipult Technology
Corp. ("Katipult" or the "Company") (TSXV: FUND) today announced
the voting results from its annual and special meeting of
shareholders held October 16, 2020 in
Calgary, Alberta.
A total of 44,022,643 common shares were voted in connection
with the meeting, representing approximately 63.54% of the issued
and outstanding common shares of the Company. Shareholders voted in
favour of all items of business put forward at the meeting,
including the appointment of RSM Alberta LLP as auditors and the
election of all director nominees.
The Company unanimously elected Brian
Craig to the position of Chairman of the Board. Marcus Shapiro, having served as Board Chair
since 2017 will continue to serve as an Independent Director.
Incoming Board Chair, Brian
Craig, commented: "Marcus
Shapiro joined the Board of Katipult as Chair in
August 2017 in the lead-up to the
listing of the Company on the TSXV in November 2017 and has served with
distinction. We thank him for this service as Chair. The next
year will be an important one for Katipult and I am pleased to have
been chosen to lead the Board as Chair at this time, and am pleased
to have Marcus's continuing support on the Board. I should
also like to thank Michael Sharpe
for his service as Board Secretary since May
2019; Michael stepped down from this position on
September 2, 2020"
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.
About Katipult
Katipult (www.katipult.com) is a provider of industry-leading
and award-winning software infrastructure for powering the exchange
of capital in equity and debt markets. Our cloud-based platform and
solutions digitize investment workflow by eliminating transaction
redundancy, strengthening compliance, delighting investors, and
accelerating deal flow. Katipult provides unparalleled adaptability
for regulatory compliance, asset structure, business model, and
localization requirements.
Forward-Looking Statement:
Cautionary Note Regarding Forward Looking Statements: Certain
disclosures in this release, including statements regarding the
future composition of the Board constitute forward-looking
statements. In making the forward-looking statements in this
release, the Company has applied certain factors and assumptions
that are based on the Company's current beliefs as well as
assumptions made by and information currently available to the
Company, including, but not limited to, the Company's product will
continue to operate as expected, the industry will continue to see
value in the Company's product. Although the Company considers
these assumptions to be reasonable based on information currently
available to it, they may prove to be incorrect, and the
forward-looking statements in this release are subject to numerous
risks, uncertainties and other factors that may cause future
results to differ materially from those expressed or implied in
such forward-looking statements. Readers are cautioned not to place
undue reliance on forward-looking statements. The Company does not
intend, and expressly disclaims any intention or obligation to,
update or revise any forward-looking statements whether as a result
of new information, future events or otherwise, except as required
by law.
SOURCE Katipult Technology Corp.
