Alset AI has engaged DS Market Solutions to provide equity trading advisory and liquidity services for its common shares on the TSX Venture Exchange and other trading venues.
DS Market is expected to trade the stock to maintain an orderly market, deepen market depth and improve liquidity, which Alset AI said should make the shares more accessible to current and prospective investors.
CAD$5,000 a month will be paid in advance from Alset AI's cash under a month-to-month agreement effective July 29, with either side able to terminate on 30 days' written notice.
The arrangement includes no performance incentives or equity compensation, DS Market will use its own capital for market-making, and the engagement still requires TSXV acceptance.