VANCOUVER, British Columbia, December 6, 2024 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) (the “Company” or “Fobi”), is an industry leader in leveraging AI and data intelligence to enable digital transformation. Following a review by the British Columbia Securities Commission, Fobi issues the following press release to clarify our disclosure on information previously included in the Company's management information circulars (Circular) regarding the total percentage of ownership of CEO Rob Anson regarding direct and indirect actions. participations in the Company (Participations).
Holdings are calculated based on the issued and outstanding shares of the Company as of the record date indicated in each respective circular.
| Total (EPA:) | % of emissions emitted and in circulation | ||
| Reported in the circular | Real assets | ||
| July 8, 2020 | 31.22% | 38.70% | |
| November 3, 2021 | 20.64% | 25.17% | |
| October 31, 2022 | 21.39% | 24.27% | |
| October 30, 2023 | 20.23% | 7:70 p.m.% | |
| February 21, 2024 | 19.27% | 19.28% | |
| May 2, 2024 | 15.46% | 3:51 p.m.% | |
The Company represents that all stock securities represented for Mr. Anson are accurate and that filings by insiders and officers of the Company are current at www.sedi.ca.
To download the Fobi Investor Experience Wallet Pass for enhanced access to investor information on Fobi, please visit our Investor Experience page.
About Fobi AI
Founded in 2017 in Vancouver, Canada, Fobi is a leading AI and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. Fobi enables businesses to harness, leverage and monetize their customer data by delivering personalized, data-driven customer experiences and promotes digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale.
Fobi works with some of the world's largest organizations in retail and FMCG, insurance, sports and entertainment, casino gaming and much more. Fobi is a recognized leader in data technology and intelligence in North America and Europe and is the largest data aggregator for the hospitality and tourism sector in Canada.
For more information, please contact:
| Fobi AI Inc. | Phobia website: www.phobia.ai | |
| Rob Anson, CEO | Facebook (NASDAQ:): @Fobiinc | |
| Such. : +1 877-754-5336 Ext. 3 | X: @Fobi_inc | |
| E: ir@fobi.ai | LinkedIn: @Fobiinc | |
This press release contains certain statements that constitute forward-looking statements or information, including statements regarding Fobi's business and technology; Fobi's ability to engage with industry stakeholders to achieve its objectives; the development of Fobi technology; and the viability of Fobi’s business model. These forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Fobi's control, including the impact of general economic conditions, industry conditions, competition from other industry participants, stock market volatility and the ability to access sufficient capital from internal and external sources. Although Fobi believes that the expectations contained in its forward-looking statements are reasonable, they are based on factors and assumptions regarding future events that may prove to be inaccurate. These factors and assumptions are based on currently available information. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by applicable law, Fobi undertakes no obligation to publicly update or revise any included forward-looking statements. whether as a result of new information, future events or otherwise. The forward-looking statements contained herein are expressly qualified by this cautionary statement. Trading in Fobi securities should be considered highly speculative. There is no guarantee that Fobi will be able to achieve all or any of the proposed objectives.
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.
Source: Fobi AI Inc.
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