TORONTO, ONTARIO — (Marketwired) — 11/24/14 — EQ Inc. (TSX: EQ) (the “Company”) announced today that it has been advised by the Toronto Stock Exchange (“TSX”) that as a result of the market value of the shares of the Company for the previous 30 trading days being below $3 million, or $0.19 per share, the Company is being reviewed for eligibility for continued listing of its common shares on the TSX.
The Company has been granted 120 days to restore compliance with requirements for continued listing, with a hearing date of March 19, 2015. At this time, the Company continues to evaluate financing alternatives and other strategic transactions. The Company–s common shares continue to trade on the TSX following receipt of the notice and the notice has no immediate effect on the listing of the Company–s shares.
About EQ Works
EQ Works () provides a smarter way to target customers. The Company uses its real-time technology and advanced analytics to detect the actionable data that boosts performance for all web, mobile, social and video initiatives. EQ Works balances the many components that comprise the complex advertising ecosystem and establishes equilibrium for reaching the right audience at the right time through any web or mobile device.
Forward-Looking Statements
This news release may contain forward-looking statements that are based on management–s current expectations and are subject to known and unknown uncertainties and risks, which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. EQ Inc. is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or otherwise.
Contacts:
EQ Inc.
David Katz
EVP Corporate Development
416.597.8889
416.597.2345 (FAX)
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