Solarbank Corp. has received conditional approval to list its common shares on the Cboe Canada stock exchange. Upon listing the shares on Cboe Canada, the company plans to delist the shares from the Canadian Securities Exchange (the CSE). The transition to Cboe Canada does not require the company to recapitalize or undertake any corporate restructuring. The shares will continue trading in Canada on Cboe Canada under the same symbol SUNN.
Trading of the company's securities is not expected to be disrupted in any way and current shareholders do not need to take any action. Final approval of the listing of the shares on Cboe Canada is subject to the company fulfilling customary conditions prescribed by Cboe Canada, and the delisting from the CSE is subject to the approval of the CSE. A further news release outlining the transition will be announced once the company receives final approval from Cboe Canada.