A2Z Smart Technologies Corp. withdraws from TSXV while maintaining its listing on NASDAQ

A2Z Smart Technologies Corp., a global leader in innovative technological solutions, has announced the voluntary withdrawal of its listing on the TSX Venture Exchange (TSXV). This move will not affect its presence on the NASDAQ Capital Market, where the company's shares will continue to be traded under the symbol "AZ". This decision was motivated by the insufficient trading volume on the TSXV in relation to the costs and administrative effort required to maintain a dual listing.

According to the company, centralizing its market on NASDAQ is expected to ultimately enhance the liquidity of its shares and the value for its shareholders. The withdrawal from the TSXV is scheduled to close around February 29, 2024. Shareholders will be able to continue trading their A2Z shares via NASDAQ through their broker, as most Canadian brokers have the ability to trade securities listed on the NASDAQ.

A2Z Smart Technologies, whose flagship product is an autonomous and innovative shopping cart named Cust2Mate, aims to revolutionize the in-store shopping experience by enabling payment directly from the cart, thus avoiding long checkout lines. This technology also aims to optimize shelf space utilization and inventory management for stores.