TORONTO, Jan. 18, 2022 /PRNewswire/ - Pluribus Technologies Corp. (TSXV: PLRB) ("Pluribus"), a growing acquiror of small, profitable software companies, today announced it will commence trading on the TSX Venture Exchange (the "TSXV") at the opening of the market on Wednesday, January 19, 2022 under the symbol "PLRB".
"Following successful closing of our RTO transaction and concurrent financing, commencement of trading is the final step as we complete our transition to a public company and embark on our next phase of growth," said Richard Adair, CEO of Pluribus. "Going forward, we have the balance sheet strength and capital markets currency to act on multiple opportunities in our growing pipeline of acquisition targets. We intend to move forward rapidly with the same disciplined approach that saw us complete nine acquisitions since 2019, as we continue to partner with entrepreneurs to add to our portfolio of small, profitable software companies."
About Pluribus Technologies Corp.
Pluribus is a technology company that acquires small, profitable business-to-business software companies at reasonable prices in a range of verticals and industries. Pluribus provides experienced sales and marketing resources, strategic partnerships and enabling technologies including automation, self-service and artificial intelligence/machine learning to create new revenue streams and enable companies to grow into significant organizations in their respective markets. For more information, please visit: https://www.pluribustechnologies.com/.
Forward-Looking Information
Certain information in this press release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking information in this press release includes, but is not limited to, statements with respect to the commencement of trading, the business plans of Pluribus, including the successful completion and pace of future acquisitions, Pluribus management's expectation on the growth, profitability and performance of its current and future acquisitions and the trading of Pluribus' Shares on the TSXV. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or negatives of these terms and similar expressions.
Forward-looking statements are based on certain assumptions, including Pluribus' ability to complete acquisitions on favorable terms; Pluribus' ability to manage a complex portfolio of companies effectively; Pluribus' ability to scale its management team to support a rapid pace of growth; Pluribus' ability to raise sufficient financing to continue the pace of its acquisition strategy; Pluribus' ability to maintain its rapid pace of growth. Other assumptions include industry trends, the availability of growth opportunities, and general business, economic, competitive, political, regulatory and social uncertainties will not prevent Pluribus from conducting its business. While Pluribus considers these assumptions to be reasonable based on information currently available, they are inherently subject to significant business, economic and competitive uncertainties and contingencies and they may prove to be incorrect. Forward-looking information speaks only to such assumptions as of the date of this release.
Forward-looking statements also necessarily involve known and unknown risks, including without limitation, risks associated with general economic conditions, adverse industry events, marketing costs, loss of markets, future legislative and regulatory developments, the inability to access sufficient capital on favourable terms, Pluribus' limited operating history; ability to complete favorable acquisitions; the software industry in Canada and internationally, income tax and regulatory matters, the ability of Pluribus to execute its business strategies, including the ability manage a complex portfolio of companies effectively, competition, currency and interest rate fluctuations, and other risks.
Readers are cautioned that the foregoing is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ from those anticipated. Forward-looking statements are not guarantees of future performance. The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. Except as required by law, Pluribus disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
Contact:
Craig Armitage
LodeRock Advisors
investors@pluribustechnologies.com
416.347.8954
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SOURCE Pluribus Technologies Corp.
