Sylogist Receives Conditional Approval to Graduate to the Toronto Stock Exchange
CALGARY, AB, March 4, 2021 /CNW/ - Sylogist Ltd. (TSXV: SYZ) ("Sylogist" or the "Company"), is pleased to announce that it has received conditional approval to list its common shares on The Toronto Stock Exchange (the "TSX") under the trading symbol "SYZ".
Final approval of the listing is subject to the Company meeting certain customary conditions of the TSX, including the provision of final documentation. Upon final approval, Sylogist intends to issue a news release confirming the date upon which its common shares will commence trading on the TSX, which is anticipated to occur prior to the end of this month. At that time, the Company's common shares will be delisted from the TSXV.
Shareholders of Sylogist are not required to take any action in connection with its TSX listing, as there will be no change in the common shares' trading symbol or CUSIP.
Sylogist's President and CEO, Bill Wood, stated: "Graduating from the TSXV to the TSX is an important milestone for Sylogist. Over the past few years, the Company has grown significantly, achieving a scale and maturity that makes Canada's premier stock exchange a natural and timely fit. This listing is a furthering of our commitment to raising Sylogist's profile with institutional and retail investor communities alike; providing increased exposure to a broader base of potential shareholders as we accelerate growth."
Sylogist is a public sector SaaS company that provides comprehensive ERP, CRM, fundraising, education administration, and payments solutions that allow its customers to carry out their missions. It serves over 1,700 customers globally, including all levels of government, nonprofit and non-governmental organizations, educational institutions, and public compliance-driven and funded companies. The Company has industry-leading profitability, an exceptionally strong balance sheet, a track record of successful acquisitions, and a portfolio of mission-critical SaaS solutions. Full financial statements together with Management's Discussion and Analysis are available on SEDAR at www.sedar.com.
The Company's stock is traded on the TSX Exchange under the symbol SYZ. Information about Sylogist can be found at www.sylogist.com.
Sylogist solutions include:
Serenic Navigator: Financial Tracking and Management for Education and Nonprofits
NaviPayroll: Payroll & HR Solution for Microsoft Dynamics 365 Business Central Customers
WenGAGE: Accounting & Student Information Systems
MissionCRM: Donor Management and Fundraising
InfoStrat: Dynamics 365 for GovCon, Grants Manager Plus, and SAVIN360 Victim Notification
Sylogist Pay: Payment Processing and Fuel Payment Management
The Portal Connector: Secure Web Portals for Online Customer Experiences
pavliks.com: Network and IT Solutions
Bellamy and SunPac: Financial Management
EpicData: ERP Solution for Manufacturing & Distribution
Learn more about Sylogist.