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Westmount Capital and Horizon Fintex Join Forces to Advance Digital-First Capital Market Goals for Canadian & European Issuers

Monday, 24 July 2023 11:00 AM

Westmount Capital to introduce clients to Upstream for secondary trading on the blockchain-powered global market

GENEVA, SWITZERLAND / ACCESSWIRE / July 24, 2023 / Westmount Capital today announced it has signed a Partnership Agreement with Horizon Fintex Advisors, Ltd. ("HFA"), a registered sponsor advisor to Upstream, a MERJ Exchange securities market. This HFA partnership offers Westmount Capital's Canadian, European, and other international issuers a streamlined path to dual list on Upstream's next generation market and reach a digital-first investor base.

HFA comes to Westmount Capital with an impressive track record of success in listing companies on Upstream, which has allowed them to develop a valuable network of investors and issuers. This network, combined with Westmount Capital's innovative capital market services, investor relations program, and European Roadshows, is expected to bring exposure to both companies and their issuers.

Commercially, if a Westmount Capital client that's listed on the Toronto Stock Exchange "TSX" or any other global stock exchange, lists on Upstream, then Westmount Capital will share in HFA's sponsor advisory listing fee, and Westmount Capital may also share in IPO fees for its clients that raise capital on Upstream.

Upstream, a MERJ Exchange market, is a regulated securities exchange that offers primary listings and dual listing opportunities to NASDAQ, NYSE and over the counter (OTC) market issuers as well as international stock exchanges including CSE, EURONEXT, TSX, NSX, ASX, and Bursa Malaysia. An Upstream listing opens issuers to a global, digital first investor base that can trade U.S. and international securities using digital payment rails, credit card, debit card, PayPal, or USD.

Uniquely, Upstream investors are directly connected to the exchange with their Upstream app, which eliminates the need for a stockbroker middleman. Listing on Upstream brings public price discovery on a secondary trading market operating a transparent, blockchain driven orderbook where everyone sees level-2 bids and offers. Upstream traders experience real-time trades 20 hours a day, 5 days a week, peer-to-peer, instant settlement, with no market makers, and no payment for order flow.

In addition to dual listing, Upstream issuers may also take advantage of web3 investor engagement opportunities including a digital coupon program which aims to turn shareholders into customers and customers into shareholders. Digital coupons can offer rewards, product discounts and services that can be redeemed or even traded to invite new customers in.

"Our services are uniquely tailored to meet the needs of private and public listed micro and small-cap companies with high growth potential," said Robert Seguin, Westmount Capital Founder and Managing Partner. "We're excited to connect our clients with Upstream and what we believe to be the next generation of capital markets, where predatory manipulative activities including short selling, stock lending, wash trades, layering or spoofing that may negatively impact other capital markets are taken out of the picture."

"We are thrilled to partner with Westmount Capital," said Brian Collins, Managing Director of Horizon Fintex Advisors. "We look forward to expanding their investor base and providing exceptional opportunities for their clients on Upstream's global trading hub offering next level access, transparency, and speed."

About Westmount Capital:

Westmount Capital was founded in March 2006 in Geneva, Switzerland to provide a range of capital markets and investor relations services tailored to the needs of private and public listed micro and small-cap companies with a high growth potential; undervalued, mostly unknown or under-covered. Through the years, we have developed a strong network of Wealth Investors, High-Net-Worth Individuals & entrepreneurs, Business leaders & decision makers, in Canada, Europe and in South America.

For more information, please visit https://www.westmountcapital.com/fr/Home.htm.

About Upstream:

Upstream, a MERJ Exchange market (https://merj.exchange), is a fully regulated global stock exchange for digital securities. Powered by Horizon Fintex's (https://horizonfintex.com) proprietary matching engine technology, the exchange enables investors to trade shares in dual listed companies, NFTs, shares in IPOs, crowdfunded companies, U.S. & Int'l. equities, and celebrity ventures directly from the app: https://upstream.exchange. Interested issuers can reach the team at [email protected].

About MERJ:

MERJ Exchange (MERJ) operates Upstream as a fully regulated and licensed integrated securities exchange, clearing system and depository for digital and non-digital securities. MERJ is an affiliate of the World Federation of Exchanges (WFE), recognized by HM Revenue and Customs UK, a full member of the Association of National Numbering Agencies (ANNA) and a Qualifying Foreign Exchange for OTC Markets in the US. MERJ is also a member of the Sustainable Stock Exchanges Initiative. Visit https://merj.exchange/ to learn more.

About HFA:

Horizon Fintex Advisors ("HFA") is a wholly owned subsidiary of Horizon Globex GmbH, a fintech company that builds and powers global securities exchanges with an integrated suite of software for compliant issuance, management, and secondary trading of securities. Our in-house solutions combine Wall Street and Silicon Valley to power the next generation of securities offerings and trading in the U.S. and globally. Learn more at https://horizonfintex.com/. HFA is registered as a Sponsor Advisor with MERJ Exchange Limited ("Exchange"). HFA's primary responsibility and duty of care as a Sponsor Advisor is owed to the Exchange and it must ensure that the admission of a company to MERJ and its conduct following admission do not impact adversely on the reputation or integrity of the Exchange. For a Sponsor Advisor, the reputation and integrity of the market are of paramount importance.

HFA Contact:

Vanessa Malone
Email: [email protected]

Disclaimers:

This communication shall not constitute an offer to sell securities or the solicitation of an offer to buy securities in any jurisdiction where such offer or solicitation is not permitted.

NFTs have no royalties, equity ownership, or dividends. NFTs are for utility, collection, redemption, or display purposes only. Anyone may buy and sell NFTs on Upstream.

*U.S. or Canadian-based citizens or permanent residents may only deposit, buy, or sell securities on Upstream after being introduced by a licensed broker-dealer. Note that U.S. or Canadian-based investors include those U.S. or Canadian citizens who may be domiciled overseas. All orders for sale are non-solicited by Upstream and a user's decision to trade securities must be based on their own investment judgement. Anyone may buy and sell NFTs on Upstream.

Upstream is a MERJ Exchange market. MERJ Exchange is a licensed Securities Exchange, an affiliate of the World Federation of Exchanges, a National Numbering Agency and member of ANNA. MERJ is regulated in the Seychelles by the Financial Services Authority Seychelles, https://fsaseychelles.sc/ an associate member of the International Association of Securities Commissions (IOSCO). MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement, and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. Upstream does not endorse or recommend any public or private securities bought or sold on its app. Upstream does not offer investment advice or recommendations of any kind. All services offered by Upstream are intended for self-directed clients who make their own investment decisions without aid or assistance from Upstream. All customers are subject to the rules and regulations of their jurisdiction. By accessing the site or app, you agreed to be bound by its terms of use and privacy policy. Company and security listings on Upstream are only suitable for investors who are familiar with and willing to accept the high risk associated with speculative investments, often in early and development stage companies. There can be no assurance the valuation of any particular company's securities is accurate or in agreement with the market or industry comparative valuations. Investors must be able to afford market volatility and afford the loss of their investment. Companies listed on Upstream are subject to significant ongoing corporate obligations including, but not limited to disclosure, filings, and notification requirements, as well as compliance with applicable quantitative and qualitative listing standards.

Forward-Looking Statements

This communication contains "forward-looking statements." Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential," or similar words. Forward-looking statements are not guarantees of future performance, are based on certain assumptions, and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control, and cannot be predicted or quantified, and, consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) difficulties in obtaining financing on commercially reasonable terms; (ii) changes in the size and nature of our competition; (iii) loss of one or more key executives or brand ambassadors; and (iv) changes in legal or regulatory requirements in the markets in which we operate. The Company assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise.

SOURCE: Horizon Fintex

Topic:
Company Update
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