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SalesCloser Technologies Announces DTC Eligibility, Enabling Electronic Settlement of Trades in the United States

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SalesCloser Technologies Announces DTC Eligibility, Enabling Electronic Settlement of Trades in the United States. (2026, September 21). Toronto Star. https://www.thestar.com/globenewswire/salescloser-technologies-announces-dtc-eligibility-enabling-electronic-settlement-of-trades-in-the-united-states/article_d336c705-fb84-5001-a5b4-8d0eca8f9f78.html

Dated when The Aporia collected the article, usually within hours of publication. Check the original for its exact date and byline.

Toronto Star · collected 2026-09-21 · by GlobeNewswire, Inc.

Quick Summary

SalesCloser Technologies Ltd., a company specializing in autonomous AI sales technology, announced on September 21, 2026, that its common shares are now eligible for electronic clearing and settlement through The Depository Trust Company (DTC) in the United States. This eligibility simplifies trading processes and enhances liquidity of the company’s shares by enabling them to be traded electronically without physical share certificates, making it easier for U.S. investors to hold and trade these securities through their existing brokerage accounts.
Written by AI on 2026-09-21, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

SalesCloser Technologies Ltd., a company pioneering autonomous AI sales technology, announced on September 21, 2026 that its common shares are now eligible for electronic clearing and settlement through The Depository Trust Company (DTC) in the United States. DTC is a subsidiary of DTCC responsible for managing the electronic clearing and settlement of publicly traded securities. This development means SalesCloser's shares can be traded electronically via participating brokerage firms, eliminating the need for physical share certificates. The company anticipates that this change will simplify trading processes and enhance liquidity of its common shares in the U.S., as well as reduce administrative costs and friction for investors and broker-dealers.

Written for “DTC Eligibility SalescloserTech” on 2026-11-03, grounded in this article and the 0 other(s) covering the same event.

Story

📰 DTC Eligibility SalescloserTech
Technology · 1 article(s) covering the same event.

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Nothing to compare against. No article is close enough to this one for the pipeline to have linked or judged the pair.
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
28
sentences that state something as happening or true
Uncertain
14%
4 of 28 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Toronto Star's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Technology
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-09-21 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Toronto Star · 11143 article(s) · 28 correction(s) detected
Running correction rate · 28 correction(s)
2026-10-26
Correction
2026-10-24
Correction
2026-10-07
Correction
2026-09-24
Correction

Who wrote this

No reporter is named on this article, beyond the feed's “GlobeNewswire, Inc.”.

Topics

DTC SalesCloser The Depository Trust Company U.S. the United States

Subjects

SalesCloser ORG · 6× the United States GPE · 6× U.S. GPE · 4× DTC ORG · 3× SCAI ORG · 2× SCTLF ORG · 2× The Depository Trust Company ORG · 2× Vancouver GPE · 2× the Frankfurt Stock Exchange ORG · 2× the TSX Venture Exchange ORG · 2×

Narrative

This press release includes forward-looking statements regarding the Company, its subsidiaries and the industries in which they operate, including statements about and references to the anticipated benefits of DTC eligibility, including the simplification of the process of trading, enhanced liquidity of the Company’s common shares in the United States, accelerated settlement timelines, reduced administrative cost and friction for investors and broker-dealers, broader access to the Company’s common shares through U.S. brokerage firms, and greater accessibility of the Company’s shares to the U.S. investment community, the anticipated benefits of the Company’s quotation on the OTCQB Venture Market and its listings on the TSX Venture Exchange and the Frankfurt Stock Exchange, the Company’s plans to increase its visibility and accessibility within the United States capital markets, expected results from future operations, future growth of the Company’s products and platforms, the future development and increased use of products incorporating artificial intelligence, technology development initiatives, future profitability, business and acquisition strategies, opportunities, objectives, prospects, the impact of broader economic factors on the Company, and future events and performance.
framing: assertive · carried by 1 article(s) · first seen 2026-09-21
🔮 Securities eligible for electronic clearing and settlement through DTC are considered to be “DTC eligible” and may be traded through participating brokerage firms using electronic book-entry transfers, without the need for physical share certificates.

Claims (28 extracted, 4 hedged)

Common shares are now eligible for electronic clearing and settlement in the United States through The Depository Trust Company, simplifying the process of trading and enhancing liquidity of the Company’s shares in the United States Vancouver, BC, Sept. 21, 2026 (GLOBE NEWSWIRE) — asserted
shares → simplify → States
SalesCloser Technologies Ltd. (“SalesCloser” or the “Company”) (TSXV: SCAI) (OTCQB: SCTLF) (FSE: MJ5), a pioneer in autonomous AI sales technology, is pleased to announce that its common shares are now eligible for electronic clearing and settlement in the United States through The Depository Trust Company (“DTC”). asserted
shares → announce → Company
DTC is a subsidiary of The Depository Trust & Clearing Corporation (“DTCC”) and manages the electronic clearing and settlement of publicly traded securities in the United States. asserted
DTC → manage → States
Securities eligible for electronic clearing and settlement through DTC are considered to be “DTC eligible” and may be traded through participating brokerage firms using electronic book-entry transfers, without the need for physical share certificates. uncertain
Securities → consider → certificates
DTC eligibility is expected to simplify the process of trading and enhance liquidity of the Company’s common shares in the United States. asserted
eligibility → expect → States
This electronic method of clearing securities speeds up the receipt of stock and cash and accelerates the settlement process for investors and brokers, reduces administrative cost, and enables the stock to be traded over a much wider selection of brokerage firms by coming into compliance with their requirements. asserted
stock → clear → requirements
The Company’s common shares commenced trading on the OTCQB Venture Market under the symbol “SCTLF” on July 7, 2026, and continue to trade on the TSX Venture Exchange under “SCAI” and on the Frankfurt Stock Exchange under “MJ5”. asserted
shares → commence → MJ5
DTC eligibility completes the operational groundwork behind the Company’s U.S. quotation, making it more straightforward for U.S. investors to hold and trade SalesCloser common shares through their existing brokerage relationships and making the Company’s shares more accessible to the U.S. investment community. asserted
shares → complete → community
Existing shareholders are not required to take any action as a result of the Company’s common shares becoming DTC eligible. asserted
shares → require → result
“Our shares have been quoted in the United States since July, and DTC eligibility is the step that makes holding them as routine as any other position in a U.S. brokerage account,” said Ali Tajskandar, Chief Executive Officer of SalesCloser. asserted
Tajskandar → quote → SalesCloser
“As our commercial footprint expands across North America, we want the mechanics of owning the stock to be a non-issue for investors who want exposure to what we are building.” asserted
we → expand → what
About SalesCloser SalesCloser.ai is a Vancouver-based AI software company focused on automating and scaling revenue generation through conversational AI. asserted
SalesCloser.ai → base → AI
The Company’s platform enables businesses to deploy AI-powered virtual sales agents that engage prospects and customers across the sales lifecycle. asserted
that → enable → lifecycle
SalesCloser’s agents conduct real-time, personalized interactions across voice, video, and digital channels, including lead qualification, product demonstrations, follow-ups, and meeting scheduling. asserted
agents → conduct → qualification
By augmenting core sales functions, the platform helps organizations increase capacity, accelerate pipeline velocity, and improve conversion rates without a corresponding increase in headcount. asserted
organizations → augment → headcount
The platform integrates with existing CRM and business systems, supports multilingual deployment, and delivers consistent, high-quality customer interactions across industries. asserted
platform → integrate → industries
SalesCloser operates under a subscription-based SaaS model, generating recurring revenue with strong visibility and high gross margins while continuously enhancing its AI capabilities. asserted
SalesCloser → operate → capabilities
The Company’s technology is supported by a growing portfolio of patents and patent applications focused on improving the performance of AI-driven conversational workflows. asserted
technology → support → workflows
SalesCloser.ai is listed on the TSX Venture Exchange under the ticker “SCAI”, on the OTCQB Venture Market under the ticker “SCTLF”, and on the Frankfurt Stock Exchange under the ticker “MJ5”. asserted
SalesCloser.ai → list → ticker
For more information, visit the SalesCloser investor site at: https://investors.salescloser.ai Corporate Contact Adrian Lim, CFO Phone: 778 655 4329 Investor Relations Contact Arx Investor Relations North American Equities Desk Forward-Looking Statements Statements that are not reported financial results or other historical information are forward-looking statements or forward-looking information within the meaning of applicable securities laws (collectively, “forward-looking statements”). asserted
that → visit → laws
This press release includes forward-looking statements regarding the Company, its subsidiaries and the industries in which they operate, including statements about and references to the anticipated benefits of DTC eligibility, including the simplification of the process of trading, enhanced liquidity of the Company’s common shares in the United States, accelerated settlement timelines, reduced administrative cost and friction for investors and broker-dealers, broader access to the Company’s common shares through U.S. brokerage firms, and greater accessibility of the Company’s shares to the U.S. investment community, the anticipated benefits of the Company’s quotation on the OTCQB Venture Market and its listings on the TSX Venture Exchange and the Frankfurt Stock Exchange, the Company’s plans to increase its visibility and accessibility within the United States capital markets, expected results from future operations, future growth of the Company’s products and platforms, the future development and increased use of products incorporating artificial intelligence, technology development initiatives, future profitability, business and acquisition strategies, opportunities, objectives, prospects, the impact of broader economic factors on the Company, and future events and performance. asserted
they → include → Company
Sentences and phrases containing or modified by words such as “expect”, “anticipate”, “plan”, “continue”, “estimate”, “intend”, “may”, “will”, “project”, “predict”, “potential”, “targets”, “is designed to”, “strategy”, “should”, “believe”, “contemplate” and similar expressions, and the negative of such expressions, are not historical facts and are intended to identify forward-looking statements. uncertain
Sentences → contain → statements
Readers are cautioned to not place undue reliance on forward-looking statements. asserted
Readers → caution → statements
Actual results and developments may differ materially from those contemplated by forward-looking statements. uncertain
results → differ → statements
Although the Company believes that the expectations reflected in forward-looking statements in this press release are reasonable and are based on, among other things, the expectations and analysis of current market trends and opportunities of management of the Company, such forward-looking statements have been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond the Company’s control, including, but not limited to, the Company’s continued ability to satisfy applicable DTC, OTCQB, TSX Venture Exchange and other regulatory requirements, the willingness of brokerage firms, custodians and institutional platforms to support trading in the Company’s common shares, market demand and investor interest, trading activity and liquidity in the Company’s common shares, changes to SalesCloser and other product’s revenue and profitability, changes to customer preferences, competition, use cases for SalesCloser and other products, economic uncertainty and instability as a result of the ongoing inflation and supply chain issues, higher interest rate climate, tightening of credit availability and recessionary risks, pandemic related risks, wars, tariffs, instability in global commodity and securities markets, shifts in consumer and institutional spending and marketing strategies, risks related to data breaches and privacy, the changing global market and competition for the products and services supplied by the Company, and the additional risk factors discussed in the continuous disclosure materials of the Company which are available under the Company’s profile on SEDAR+ at www.sedarplus.ca. uncertain
which → believe → www.sedarplus.ca
The forward-looking statements contained in this press release are expressly qualified by this cautionary statement and are made as of the date hereof. asserted
statements → look → date
The Company disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. asserted
Company → disclaim → information
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. asserted
term → define → release
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