Sprout AI announces the appointment of its global marketing team. Sprout AI has selected MarketOne and Generation IACP Inc. (GIACP) to assist its investor relations (IR) program.
MarketOne has been appointed to provide its marketing and social media expertise to support Sprout AI’s marketing initiatives. The Company has signed a contract for services to be provided over a 12-month period commencing September 2021 and will pay a flat fee of C$130,000, plus applicable taxes, during the Initial Term. MarketOne is arm’s length to the Company and does not currently own any securities of the Company.
Generation IACP Inc. has been hereby appointed, subject to the receipt of approval by the Canadian Securities Exchange (CSE) and in compliance with the policies and guidelines of the CSE and other applicable legislation, that on a nonexclusive basis they will provide market-making services with the objective of maintaining a reasonable market and improving the liquidity of Sprout AI shares. Generation will not receive any common shares or options as compensation. Generation does not currently own any securities of Sprout AI; however, Generation and its clients may acquire a direct interest in the securities of the company.
Chris Bolton, CEO of Sprout AI, commented, “We welcome this well-coordinated select group of companies to our Sprout AI IR and marketing team. Their level of transparency through easy-to-use software and their ability to provide accurate and auditable analytics will ensure that we remain compliant with applicable securities laws, the policies and procedures of the CSE Venture Exchange and the anticipated Notice 1-519 Promotional Activity Disclosure Requirements of the British Colombia Securities Commission (BCSC), and the requirements of additional future exchanges that may list Sprout AI. This combination of providers will also support our investor relations and marketing program in a significant way.”