Looking Glass Labs Admitted to Trading on the AQSE Growth Market in London, UK

 

Looking Glass Labs Ltd. (“LGL” or the “Company”) (NEO: NFTX) (OTC: LGSLF) (AQSE: NFTX) (FRA: H1N), a leading Web3 platform specializing in non-fungible token (“NFT“) architecture, immersive metaverse environments, play-to-earn tokenization and virtual asset royalty streams, announces that it has completed its admission to the Access segment of the AQSE Growth Market (“AQSE“) and trading will commence at 8:00 A.M. GMT on Monday, November 14, 2022 (“Admission“) under the ticker “NFTX”. The Company’s shares will also continue to trade on the NEO Stock Exchange in Canada.

Company Highlights:

  • LGL’s leading brand, House of Kibaa (“HoK“), is designing and curating a next-generation metaverse for 3D assets that allows functional art and collectibles to exist simultaneously across different NFT blockchain environments;
  • LGL’s Alpha version of its Pocket Dimension metaverse, a hyper-realistic digital world built using the latest version of Unreal Engine that offers users a premium virtual experience across 10 different environments, was released on November 1, 2022;
  • LGL is currently developing a mobile game, Degen Area, which is aiming to be the first truly decentralized game that will integrate the art and audiences of many different NFT projects and its launch is anticipated to be in mid-late 2023;
  • The Company has also developed GenZeroes, which is a new multi-media franchise and is being developed in collaboration with several artists with work experience that includes projects for both the StarWars and Marvel franchises; and
  • The Company has recently completed the acquisition of Web 3.0 Holdings Corp., which is a Web3 focused technology company which owns a proprietary retail technology platform.
Management Commentary:

“It is a significant achievement to now be able to offer UK-based investors the ability to invest in LGL more easily and directly via its admission to the AQSE Growth Market.  AQSE is a great platform for growing companies to access new investors,” said Dorian Banks, Chief Executive Officer at LGL. “Adding AQSE as a forum for the trading of our common shares in addition to them being available on the NEO Exchange, OTC Market and Frankfurt Bourse is an example of how LGL is striving to bring the business of NFTs and the metaverse to more people around the world,” added Mr. Banks.

The Company will have a dual listing with its common shares fully fungible through a CREST Depositary Interest (“CDI”). The CDIs will carry the same ISIN as the Common Shares listed in Canada on NEO. The issued share capital of LGL comprises 129,744,338 common shares.

Sector Classification:

The Company will be classified as an Information Technology company on Access Segment of the Aquis Stock Exchange.

“This announcement, together with any documents incorporated by reference, shall be deemed to constitute an admission document for the purposes of the AQSE Growth Market Rules for Issuers – Access. It has not been approved or reviewed by the Aquis Stock Exchange or the Financial Conduct Authority.”

The Directors of Looking Glass Labs take responsibility for this announcement

This announcement contains inside information for the purposes of Article 7 of the Regulation (EU) No 596/2014 on market abuse

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