Loop Insights Inc (CVE:MTRX) (OTCQB:RACMF) said it had hired Emerging Markets Consulting LLC (EMC) to provide the company with investor and public relations services ahead of a potential uplisting to a major exchange this year.
"With Loop now beginning to roll out implementations and creating brand awareness on a global scale, we want to make sure we have the equivalent capital markets awareness in many key investor markets," said Rob Anson, CEO of Loop Insights, in a statement.
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"This is especially true given our goal of uplisting to a major market exchange this year. We believe that EMC services are well suited to achieve our goals of growing market awareness in key investor markets."
Based in Florida, USA, EMC specializes in helping small and mid-sized public companies establish brand awareness and increase market share.
The contract is for 12 months for a total cost of US$250,000 and Vancouver-based Loop said it expects the move to "significantly increase Loop’s brand awareness and recognition of Loop’s Industry Leading Data Collection, Data Insights and Customer Engagement platforms in key markets".
Loop Insights is an Internet of Things (IoT) focused tech group that delivers transformative artificial intelligence (AI) automated marketing, contact tracing, and contactless solutions to the brick and mortar space.
Contact the author at giles@proactiveinvestors.com