Delota Adds Frankfurt Stock Exchange Listing (2024)

September 25, 2023 8:00 AM EDT | Source: Delota Corp.

Vaughan, Ontario--(Newsfile Corp. - September 25, 2023) - Delota Corp. (CSE: LOTA) (FSE: S62) ("Delota" or the "Company") a nicotine vape enterprise spearheading the smoke-free revolution in Canada and catering to adult consumers seeking alternatives to traditional combustible tobacco, is pleased to announce the listing of its common shares on the Frankfurt Stock Exchange under the trading symbol "S62". Delota's common shares are now dual-listed on the Canadian Securities Exchange (CSE: LOTA) and the Frankfurt Stock Exchange (FSE: S62).

"This marks an exciting milestone for Delota as we endeavour to broaden our investor base and enhance awareness," said Cameron Wickham, Executive Vice Chair and CEO of Delota. "Facilitating European investors with access to purchase our common shares has the potential to increase trading liquidity and raise international awareness for the Company."

The Frankfurt Stock Exchange ("FSE") is one of the world's largest international trading centers for securities. Operated by the Deutsche Boerse AG, FSE is the largest of Germany's seven stock exchanges and is responsible for approximately 90 percent of all securities traded in Germany. The FSE facilitates advanced electronic trading, settlement and information systems and enables cross-border trading for international investors.

About Delota Corp.

Delota Corp. is a nicotine vape enterprise that spearheads the smoke-free revolution in Canada, catering to adult consumers seeking alternatives to traditional combustible tobacco. With a strong emphasis on delivering exceptional retail experiences and carefully curated product offerings, the Company is dedicated to redefining the way people transition away from smoking. Delota's flagship brand, 180 Smoke Vape Store, stands as Ontario's largest specialty omnichannel vape retailer, fueling innovation, growth, and leadership in the retail nicotine vape space.

Cautionary Statements

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance of the Company. The use of any of the words "could", "intend", "expect", "believe", "will", "may", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the Company's goal to build the most popular retail nicotine and cannabis brands in Canada by aggressively growing its retail footprint and developing retail banners that resonate with a loyal and growing customer base. Those assumptions and factors are based on information currently available to the parties. The material factors and assumptions include continuing customer demand for the Company's products, the Company's ability to develop popular retail brands, the Company's ability to expand its retail footprint in Canada, and other risks. The forward-looking information contained in this release is made as of the date hereof and the parties are not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.

Neither the Canadian Securities Exchange nor its Regulation Services Providers have reviewed or accept responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Delota Corp.
Cameron Wickham
Executive Vice Chair and CEO
T: (905) 330-1602
E: [email protected]

Delota Adds Frankfurt Stock Exchange Listing (1)

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/181760

Delota Adds Frankfurt Stock Exchange Listing (2)

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Delota Adds Frankfurt Stock Exchange Listing (2024)

FAQs

How do I get listed on Frankfurt Stock Exchange? ›

An application for listing on the General Standard, the Prime Standard must be made by a bank or financial services provider with a minimum capital of €730,000 (approximately US$806,650). An application for listing on the Scale segment must be co-signed by a "Capital Market Partner" accredited with Deutsche Börse AG.

Which companies are listed on Frankfurt Stock Exchange? ›

Frankfurt Stock Exchange Listings
CompanyTickerPrice
Allianz SEALV€252.30
Amadeus Fire AGAAD€95.10
ATOSS Software SEAOF€133.80
AURELIUS Equity Opportunities SE & Co KGaAAR4€17.81
26 more rows

Who owns Frankfurt Stock Exchange? ›

Key Takeaways. The Frankfurt Stock Exchange (FRA) is Germany's largest stock exchange and the twelfth largest in the world by market cap. The FRA is owned by Deutsche Borse and is home to several indices, such as the DAX and Euro Stoxx 50.

Can I invest in Frankfurt Stock Exchange? ›

At the Frankfurt Stock Exchange, private investors can buy and sell around 1.5 million securities of German and international issuers. This includes all German and many international stocks, funds, bonds as well as certificates and warrants.

Why list on Frankfurt Stock Exchange? ›

The Frankfurt has more liquidity/trading volume than the all exchanges in the world except the NYSE and NASDAQ. An IPO on the Frankfurt Stock Exchange is one of the fastest in the world. Public offerings can be conducted with or without an underwriter with an approved prospectus.

How do you get listed on the stock exchange? ›

A company must apply to an exchange to be listed. Each exchange sets its own requirements, which typically include minimum levels of cash flow and company assets. The company also must adhere to the exchange's standards of corporate governance.

What is Frankfurt Stock Exchange called? ›

Frankfurter Wertpapierbörse (FWB®, the Frankfurt Stock Exchange) is one of the world's largest trading centres for securities. With a share in turnover of around 90 per cent, it is the largest of Germany's seven stock exchanges. Deutsche Börse AG operates the Frankfurt Stock Exchange, an entity under public law.

What is the name of the Frankfurt Stock Exchange Index? ›

The trading indices are DAX, DAXplus, CDAX, DivDAX, LDAX, MDAX, SDAX, TecDAX, VDAX and EuroStoxx 50.

What German companies are listed in the US? ›

The Firms

The seven German firms that chose to list themselves on the NYSE are: Daimler-Benz, Pfeiffer Vacuum, Fresenius Medical Care, Deutsche Telekom, SGL Carbon, Hoechst and Veba. All seven are also traded on German exchanges.

What are the seven stock exchanges in Germany? ›

Summary. To summarize it very briefly, Xetra is Germany's main stock market. There are seven additional regional markets in Frankfurt, Stuttgart, Berlin, Munich, Hamburg, Hanover and Dusseldorf, all of which serve niche needs of the German capital market.

What are the biggest stock exchanges in the world? ›

Top Stock Exchanges, by Market Cap
Global RankStock ExchangeCountry
1NYSE🇺🇸 U.S.
2Nasdaq🇺🇸 U.S.
3Euronext🇳🇱 Netherlands
4Shanghai Stock Exchange🇨🇳 China
21 more rows
Oct 18, 2023

How big is the Frankfurt Stock Exchange? ›

With a market capitalization of 2.2 billion U.S. dollars as of March 2023, the Frankfurt Stock Exchange was the third largest in Europe after the Euronext and the London Stock Exchange.

Can a US citizen invest in Germany? ›

Arriving financially as a U.S. citizen

We offer you the opportunity to invest in profitable assets and efficiently build up wealth in Germany. Arrange a free and non-binding initial appointment with one of our specialists for US persons.

How many companies are listed in Frankfurt Stock Exchange? ›

Listed companies on the Frankfurt Stock Exchange 2017-2023, by domicile. As of 2022, there were 489 companies listed on the Frankfurt Stock Exchange.

What are the largest companies on the Frankfurt Stock Exchange? ›

The largest company listed on the Frankfurt Stock Exchange was German multinational software company SAP, with a market capitalization of over 200 billion euros at this time. They were followed by German automation company Siemens with 158.05 billion euros.

How can I invest in German stocks? ›

German ETFs

The easiest way to invest in Germany is through exchange-traded funds (ETFs) that consist of a compilation of assets, such as shares and bonds. These securities are listed in general on the U.S. stock exchanges, and they offer diverse exposure to companies domiciled within the country.

How do you get a stock listed? ›

The steps for doing so vary somewhat by exchange, but generally follow these steps:
  1. Alter bylaws. The company alters its bylaws to comply with the governance requirements of the stock exchange. ...
  2. File application. ...
  3. Investigation. ...
  4. Reserve ticker symbol. ...
  5. Set trading date. ...
  6. Begin trading.
Jun 7, 2024

How can a company be listed on stock exchange? ›

The IPO registration process entails seven steps and takes four to six months to complete.
  1. Step 1: Appointment of an underwriter or investment bank. ...
  2. Step 2: Registering with SEBI. ...
  3. Step 3: Verification by SEBI. ...
  4. Step 4: Applying to the stock exchange. ...
  5. Step 5: Launching the IPO. ...
  6. Step 6: Pricing the IPO.

How can you buy stocks that are listed on a stock exchange? ›

You can open an account with an online brokerage, a full-service brokerage (a more expensive choice) or a trading app such as Robinhood or Webull. Any of these choices will allow you to buy stock in publicly traded companies. However, your bank account or other financial accounts will not allow you to purchase stocks.

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