Press Release
TRUSTCO GROUP HOLDINGS PLANS TO MAKE HISTORY AS FIRST NAMIBIAN COMPANY TO BE LISTED ON NASDAQ
Trustco Group Holdings Limited (JSE: TTO; NSX: TUC; OTCQX: TSCHY), announced that it has submitted an application on 11 November 2024 to list its ordinary shares on the Nasdaq Stock Market (“Nasdaq”) under the ticker “TRCO.” Trustco submitted the application in connection with the proposed direct listing of its ordinary shares on Nasdaq in addition to its current listings on the Namibian Stock Exchange (“NSX”) and the Johannesburg Stock Exchange (“JSE”).
Trustco expects to make history as the first Namibian company to be listed on Nasdaq, marking Namibia as the 46th country represented on Nasdaq. Trustco expects that its planned Nasdaq listing will offer greater exposure to U.S. capital markets, which represents more than half of the world’s global equity market capitalization, while maintaining secondary JSE and NSX listings.
Approximately 35% of Trustco’s shareholder base is already comprised of U.S. investors. Existing shareholders on the JSE (exceeding 2,100) and NSX (exceeding 2,200) will maintain their status as these become secondary listings. The Nasdaq listing is expected to increase the liquidity and improve price discovery of Trustco’s securities. For shareholders interested in transferring holdings to Nasdaq, support is available through the dedicated shareholder services desk at +264 61 275 4820/4821 or shares@tgh.na.
Trustco CEO Dr. Quinton van Rooyen with Nasdaq Senior Managing Director Andrew Hall and U.S. team members at Nasdaq Market Site in Times Square
“When we embarked on our journey more than three decades ago in Windhoek, Namibia, we had a mission to support the growth and prosperity of our young nation,” commented Dr. Quinton van Rooyen, CEO of Trustco. “As we prepare to list on Nasdaq, we carry with us not just our company’s ambitions, but the aspirations of our country to become an economic powerhouse on the African continent, committed to the ideals of constitutional democracy, as well as free and fair markets. ”
“As a conduit for investors seeking exposure to high-quality African assets, we believe the addition of a primary Nasdaq listing will not only help drive wealth creation for shareholders but also allow us to capitalize on new opportunities while contributing to the continent’s overall economic development. In October 2024, the Nasdaq was the largest stock exchange worldwide by value of electronic order book share trading,” concluded Dr. van Rooyen.
Shareholders will be updated on the progress of the planned Nasdaq listing, including filings with the U.S. Securities and Exchange Commission (“SEC”) and, if and when available, the anticipated date of listing. In terms of the current listing requirements under the JSE, an affirmative shareholder vote of 50% plus one vote, excluding the controlling shareholder, is required to approve the planned listing on Nasdaq, and a circular will be submitted to shareholders to request approval for the changing of Trustco’s ordinary shares primary listing from the JSE to Nasdaq.
Trustco CEO Dr. Quinton van Rooyen with Nasdaq Senior Managing Director Andrew Hall and U.S. team members at Nasdaq Market Site in Times Square
Cautionary Statements
There can be no assurance that Trustco will be able to obtain shareholder approval for the planned Nasdaq listing. Trustco’s listing on Nasdaq is also subject to the approval of Nasdaq and the satisfaction of its applicable listing requirements. While Trustco is not currently aware of any issues, there can be no assurance that Trustco will satisfy all applicable requirements for listing on Nasdaq or that its application to list on Nasdaq will be approved. In connection with the planned listing of the ordinary shares, Trustco plans to terminate its ADR program in accordance with its terms.
Trustco expects to file a registration statement in the U.S. relating to the proposed Nasdaq direct listing with the U.S. Securities and Exchange Commission (“SEC”) following formal notification to the JSE and NSX. Trustco’s securities may not be sold nor may offers to buy be accepted prior to the time the registration statement to be filed becomes effective, except for Trustco’s securities traded in the JSE, NSX and OTCQX. When available, a written prospectus for the offering meeting the requirements of section 10 of the U.S. Securities Act of 1933, as amended (the “Act”), may be obtained from Trustco by contacting shares@tgh.na.
This media release is being made pursuant to, and in accordance with, Rule 135 under the Act, and shall not constitute an offer to sell or the solicitation to of an offer to buy Trustco’s securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Trustco:
Trustco Group Holdings Limited is a holding company headquartered in Windhoek, Namibia, that owns subsidiaries engaged in diverse business activities spanning the real estate, mining, insurance, micro-finance, and education sectors.
Trustco’s ordinary shares are listed in the JSE under the symbol “TTO” and in the NSX under the symbol “TUC.” Trustco’s American Depositary Shares are quoted on the OTCQX through its ADR program under the symbol “TSCHY.”
Forward-Looking Statements:
All statements made in this media release with respect to Trustco’s current plans, estimates, strategies beliefs and other statements that are not historical facts, including statements regarding Trustco’s plans to list on Nasdaq, Trustco’s ability to satisfy applicable Nasdaq listing requirements, Trustco’s ability to obtain shareholder approval to proceed with its Nasdaq listing, Trustco’s ability to file and have declared effective a registration statement with the SEC related to its proposed Nasdaq listing, and the anticipated results of such registration and listing, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or the negative of these words or other similar terms or expressions. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on these forward-looking statements. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
Media Contact
Organization: Trustco Group Holdings
Contact Person: Neville Basson
Website: https://www.tgh.na
Email: Send Email
Contact Number: +264612754501
Address: 2 Keller Street, Trustco House
Address 2: Windhoek
City: Windhoek
State: Khomas
Country: Namibia
Release Id: 12112419849
The post TRUSTCO GROUP HOLDINGS PLANS TO MAKE HISTORY AS FIRST NAMIBIAN COMPANY TO BE LISTED ON NASDAQ appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Nuanced Media Unveils Key Strategies for Maximizing ROI in Amazon Advertising for 2024
Nuanced Media, a premier Amazon marketing agency, today announced the release of its comprehensive strategies for brands looking to maximize their return on investment (ROI) through Amazon advertising in 2024. As Amazon’s advertising revenue continues its rapid growth, reaching $46.9 billion in 2023—a 24% year-over-year increase—the company is solidifying its position as a dominant force in the global digital advertising space. With Amazon commanding 10.2% of global digital ad spending, businesses must adapt to its evolving landscape to stay competitive.
As Amazon’s ad offerings become more sophisticated, Nuanced Media’s latest insights offer brands a roadmap to effectively leverage Amazon’s advertising ecosystem. The strategies outlined are designed to help brands optimize their campaigns and capitalize on Amazon’s cutting-edge advertising tools to drive sales, increase visibility, and boost profitability.
Key Strategies for Success in 2024:
Amazon DSP (Demand-Side Platform)
Amazon’s DSP enables brands to purchase ad placements across Amazon’s own platform and third-party sites, offering programmatic ad solutions for unmatched reach. Nuanced Media forecasts a surge in DSP adoption in 2024, emphasizing its power to target high-value customers and drive conversions.
Optimizing Sponsored Ads
Sponsored Products and Sponsored Brands remain essential for driving visibility and sales on Amazon. By fine-tuning keyword targeting and bid adjustments, brands can improve ROI, particularly during new product launches or seasonal promotions.
Data-Driven Advertising
Amazon’s vast consumer data provides brands with unparalleled insights into shopping behaviors and purchase histories. Nuanced Media recommends leveraging this data to refine targeting, increase conversions, and reduce ad spend inefficiencies.
“As Amazon continues to dominate digital advertising, brands that stay ahead of the curve with data-driven strategies and advanced advertising tools will see the most success in 2024,” said Ryan Flannagan, CEO of Nuanced Media. “Our team of experts is committed to helping businesses navigate Amazon’s increasingly complex advertising environment and unlock their full potential.”
For more information on maximizing ROI with Amazon advertising in 2024, brands are encouraged to partner with Nuanced Media, an agency with extensive experience in driving results on Amazon.
About Nuanced Media
Nuanced Media is a leading Amazon marketing agency focused on helping brands optimize their presence and profitability on Amazon. With a data-driven approach and deep expertise in Amazon’s advertising ecosystem, Nuanced Media helps clients maximize ROI and visibility across Amazon’s marketplace.
For more details Visit https://nuancedmedia.com
Media Contact
Organization: Nuanced Media
Contact Person: Ryan Flannagan
Website: https://nuancedmedia.com
Email: johndoe@nuancedmedia.com
City: New York
Country: United States
Release Id: 14112419908
The post Nuanced Media Unveils Key Strategies for Maximizing ROI in Amazon Advertising for 2024 appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Play Pixo Launches: Innovative EdTech Platform Blending AI with Vedic Math for Engaging, Effective Learning
Atlanta, Georgia, United States, 14th Nov 2024 – Play pixo an advanced EdTech platform designed to transform screen time into educational opportunities, has been officially launched. Incubated at the prestigious IIT Madras, Play Pixo combines AI-driven learning methods with interactive content to create an immersive educational experience tailored for children and young adults. Aimed at turning passive screen time into productive engagement, Play Pixo introduces a new approach to digital learning, focusing on cognitive development, critical thinking, and creativity.
In today’s fast-paced digital environment, the challenge of maintaining children’s focus and attention has become more pressing than ever. Traditional teaching methods often struggle to compete with the fast-paced digital stimuli to which children are exposed. Play pixo was created to meet this need by blending the appeal of play with educational content, aiming to enhance learning in a manner that resonates with young minds.
Play Pixo addresses the difficulty many educators and parents face in engaging children effectively. With a unique blend of interactive games, structured learning paths, and AI technology, play pixo, stands out as a valuable tool for cognitive development. The platform has been meticulously designed to align with educational needs, fostering skills like problem-solving, analytical thinking, and creativity through enjoyable digital activities.
The development of Play Pixo is backed by IIT Madras, one of India’s foremost institutions in technology and research. Play Pixo benefits from the academic rigor and research capabilities of IIT Madras, which are instrumental in its focus on making learning more interactive, engaging, and accessible. The platform combines input from experts in technology, education, and psychology to create a system that adapts to each learner’s unique needs.
Play Pixo’s advanced AI algorithms ensure the platform’s flexibility and adaptability. As children interact with the content, the AI adjusts to their learning pace, making each session more personalized. This technology-driven approach also provides valuable insights to educators, helping them develop dynamic lesson plans and track progress.
One of Play pixo standout features is its integration of Vedic math. This ancient system of mathematics has been gamified within the platform, allowing children to experience Vedic math in an accessible and enjoyable way. While digital technology often moves away from traditional knowledge, Play Pixo recognizes the enduring value of Vedic math and has transformed it into a digital format that enhances problem-solving skills. This inclusion not only strengthens mathematical abilities but also encourages logical reasoning, making math more approachable and engaging for young learners.
Alongside Vedic math, Play Pixo includes a range of over 150 interactive games and 100+ storytelling activities, designed to keep children engaged. Each game and activity is crafted to ensure children benefit from every moment spent on the platform, learning important life lessons and cognitive skills.
Play Pixo is designed with both parents and educators in mind. For parents, Play Pixo offers a safe, educational environment with content that has been carefully curated for quality and value. The platform’s built-in parental controls allow parents to set time limits and customize content according to their child’s specific needs. This ensures that screen time is managed effectively, allowing children to benefit from the educational aspects of Play Pixo without the risks associated with excessive or unfocused screen time.
For educators, Play Pixo simplifies the teaching process with tools that offer insights into student performance. The platform assists educators by making lesson planning more efficient and helping deliver a dynamic, engaging learning experience. Through AI-driven insights, Play Pixo enables teachers to track progress and tailor lessons to meet the needs of individual students.
Play Pixo is currently available in both the US and Indian markets, making it accessible to a wide range of users globally. The platform’s expansion into these markets highlights its commitment to providing effective, quality education for children everywhere. With its rigorous research foundation, Play Pixo ensures that its content is relevant, engaging, and beneficial to children from diverse educational backgrounds.
Play Pixo envisions a future where educational tools are relevant, accessible, and effective. The platform aims to shape an educational system where learning is not only productive but also enjoyable. By integrating advanced technology with educational content, Play Pixo seeks to create a new standard in digital learning. Its mission is to foster intellectual curiosity, emotional growth, and social skills, helping young minds prepare for the complexities of an ever-evolving world.
As an EdTech platform, Play Pixo is designed to encourage children to think critically, explore creatively, and engage interactively. By turning digital play into learning, Play Pixo enables children to develop the skills necessary for future success. The platform’s commitment to combining traditional knowledge with advanced technology represents a pioneering step forward in the realm of educational technology.
Beta users of Play Pixo have provided testimonials that reflect the platform’s positive impact. Teachers have noted significant improvements in student engagement, and parents have expressed relief at the assurance that their children are engaging with safe, educational content.
“Play Pixo has completely transformed how my students engage with learning,” commented Priya K., a teacher using the platform. “It’s not just about keeping them busy; it’s about fostering a genuine love for knowledge.”
“As a parent, Play Pixo gives me peace of mind,” said Sarah M. “I know my child is learning and having fun simultaneously.”
About Play Pixo
Play Pixo’s launch marks an innovative development in the field of educational technology. With a focus on blending traditional knowledge, AI technology, and interactive content, Play Pixo offers a new approach to learning that aligns with the needs of modern education. Available now, Play Pixo is set to redefine the way children interact with screen time, turning it into a meaningful and productive journey of growth and discovery.
For further information about Play Pixo, please visit www.playpixo.com. The app can be downloaded on both the App Store and Google Play.
Website – https://www.playpixo.com
App Store – https://apps.apple.com/in/app/play-pixo/id6505034667
Play Store – https://play.google.com/store/apps/details?id=com.color_pencil&hl=en
Media Contact
Organization: Play Pixo
Contact Person: Dharini Narayanan
Website: https://www.playpixo.com
Email: hello@playpixo.com
Contact Number: +14044926447
City: Atlanta
State: Georgia
Country: United States
Release Id: 14112419962
The post Play Pixo Launches: Innovative EdTech Platform Blending AI with Vedic Math for Engaging, Effective Learning appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
Get Ready to Dive In! MFEV Coin Public Sale Is Almost Here, and It’s Expected to Be Huge
If you’re in the crypto scene, you already know that MFEV Coin public sale is one of the most anticipated events of the year, and it’s finally happening TOMORROW! With over $43 million already raised in its Seed, Private, and Pre-Sale rounds, the hype for $MFEV is REAL. MFEV is about to hit the public stage, and everyone’s got their eyes on it — so, if you’re not on the list yet, here’s why you might want to think again.
Why MFEV Coin Is Blowing Up the Crypto Space
Let’s talk about what makes MFEV more than just another blockchain. This isn’t your typical platform; MFEV’s got game-changing features that make it a serious contender in the Layer 1 blockchain race:
- Proof-of-Distribution: Unlike other consensus models, MFEV’s Proof-of-Distribution lets validators, delegators, and smart contract creators earn rewards — so everyone wins.
- EVM Compatibility: You’ve got assets or dApps on other EVM-based platforms? MFEV’s got you. The platform is fully compatible, meaning an effortless move of your stuff from Ethereum and other chains.
- Interoperability: MFEV is all about connecting blockchains, so users can easily transfer assets between networks — no fuss, just smooth moves.
Here’s What the Community Is Saying
With 45 million Coins sold in Seed, 80 million in Private, and a jaw-dropping 165 million MFEV Coins snapped up during Pre-Sale, early backers have shown massive love for this project. And we’re not just talking big institutional investors — word on the street is that retail investors are ready to dive in too. The countdown is on, and the FOMO is already kicking in.
Why Gen Z Investors Are Eyeing $MFEV
Let’s be real: Gen Z investors want projects that do more than talk the talk. MFEV isn’t just another “decentralized” platform — it’s designed for accessibility and community, with low fees and high transaction speeds. The team’s focus on community engagement and reputation building shows they’re serious about making blockchain tech approachable for everyone, not just the crypto elite.
Tomorrow’s the Big Day! Don’t Sleep on This One
Here’s the bottom line: MFEV Coin public sale goes live tomorrow, and this is your chance to get in before the big wave hits. With demand soaring and momentum from the earlier rounds, this sale is expected to be . Early investors have already set the stage, and now it’s your turn to join the $MFEV movement.
How to Get In
Setting up for the sale? Get ready to act fast because these coins won’t last long. Log in, load up your wallet, and be prepared to move once the sale opens. This isn’t one you want to watch from the sidelines.
Final Words: Be Part of the Next Gen of Blockchain Tech
MFEV Blockchain is here to bring a whole new vibe to the crypto world — and the public sale is where you can step in. This is the last chance to get in at the ground floor with a project that’s already making waves. Don’t let FOMO hit you later — get in, secure your MFEV coins , and see what the future of blockchain is all about.
Mark your calendar, set your alarm — MFEV’s public sale goes live TOMORROW! This is your moment, don’t miss it.
Official Website: https://mfev.io/
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
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