Redwood AI Corp. (CSE: AIRX) (OTCQB: RDWCF) (Frankfurt: Y0N) has announced that its common shares have been approved for electronic clearing and settlement through the Depository Trust Company (DTC), a move expected to simplify trading for U.S. investors and enhance liquidity of the company's shares. The DTC eligibility, announced in a press release, allows for more efficient electronic clearing and settlement, improving access for U.S. investors and brokerage firms, according to CEO Louis Dron.
In a separate development, the company also announced it has engaged InvestorBrandNetwork (IBN) to provide market awareness, corporate communications and digital media services. The services include editorial coverage, newsletter distribution, social media support and podcast syndication through Sept. 30, 2026, or until the allocated budget is exhausted. Redwood will pay IBN an aggregate cash fee of $114,000 for the services, with no securities issued as compensation.
Redwood AI uses advanced artificial intelligence to accelerate chemistry R&D, with the aim of assisting in drug discovery and development, and furthering defense and safety solutions. The company combines expertise in chemistry, AI, and manufacturing to streamline drug synthesis and scale-up. Its platform is designed to enable faster, more efficient development of new therapies and chemistry-driven applications.
The DTC eligibility is a significant milestone for the company as it seeks to broaden its investor base in the United States. By enabling electronic clearing and settlement, Redwood AI's shares can be traded more easily through U.S. brokerage firms, potentially increasing trading volume and liquidity. This could attract more institutional and retail investors who prefer the convenience of DTC-eligible securities.
The engagement with IBN is part of Redwood AI's strategy to enhance its visibility in the investment community. IBN is a specialized communications platform with a focus on the latest advancements in artificial intelligence, including technologies, trends and trailblazers driving innovation forward. It is one of 75+ brands within the Dynamic Brand Portfolio @IBN that delivers access to a vast network of wire solutions, article and editorial syndication to 5,000+ outlets, enhanced press release distribution, social media distribution, and a full array of tailored corporate communications solutions.
For more information, the full press release is available at https://ibn.fm/Yga70. Additional details about Redwood AI can be found at https://redwoodai.com/.
