Canadian software company applies for Nasdaq listing

  • ZenaTech plans to go public through a direct listing
  • The company has applied to list its common stock on the Nasdaq Capital Market
  • Common shares expected to start trading on or about March 31
  • ZenaTech reported revenue of $1.3 million for the first nine months of 2023
  • Revenue for 2022 was $3.1 million

ZenaTech, a Canadian software company, has announced its plans to go public through a direct listing. The company has filed with the Securities and Exchange Commission and applied to list its common stock on the Nasdaq Capital Market under the symbol ZENA. The anticipated start of trading for ZenaTech’s common shares is around March 31. In terms of financial performance, ZenaTech reported revenue of $1.3 million for the first nine months of 2023, and a total revenue of $3.1 million for the year 2022.

Public Companies: ZenaTech (ZENA)
Private Companies:
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Factuality Level: 8
Justification: The article provides factual information about ZenaTech’s plans to go public through a direct listing and its application to list its common stock on the Nasdaq Capital Market. It also includes specific revenue figures for the company for the first nine months of 2023 and the whole year of 2022. The article does not contain any irrelevant or misleading information, sensationalism, redundancy, or opinion masquerading as fact. It does not include any digressions, unnecessary background information, or details tangential to the main topic. The reporting appears to be accurate and objective without any bias or personal perspective presented as universally accepted truth. There are no invalid arguments, logical errors, inconsistencies, fallacies, faulty reasoning, false assumptions, or incorrect conclusions in the article.

Noise Level: 8
Justification: The article provides basic information about ZenaTech’s plans to go public through a direct listing and its revenue figures. However, it lacks in-depth analysis, scientific rigor, and intellectual honesty. It does not explore long-term trends, antifragility, or the consequences of the decision on stakeholders. The article also does not provide actionable insights or solutions. Overall, it contains mostly factual information without much depth or critical analysis.

Financial Relevance: Yes
Financial Markets Impacted: Nasdaq Capital Market

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to the financial topic of ZenaTech’s plans to go public through a direct listing on the Nasdaq Capital Market.

Reported publicly: www.marketwatch.com