SalesCloser Technologies Announces Listing on the Frankfurt Stock Exchange

• SalesCloser Technologies Ltd. announced a dual listing on the Frankfurt Stock Exchange (FSE) effective April 17, 2026.
• Ticker symbol for FSE is MJ5 with WKN A427WK; shares continue to trade on TSX Venture Exchange under SCAI.
• The company describes itself as an AI-driven SaaS platform automating sales interactions via conversational agents.
• CEO Ali Tajskandar states the listing aims to increase visibility and accessibility for European and international investors.
• No concurrent capital raise or financing terms were disclosed in this specific announcement.
• Previous news from April 7, 2026 confirmed commencement of trading on TSX Venture Exchange starting April 9, 2026.

• The Frankfurt listing is a strategic expansion of market access rather than a fundamental change to the business model or revenue stream.
• No new capital was raised in this specific announcement; therefore, immediate dilution risk from equity issuance is not present in this news item alone.
• Market reaction appears muted relative to the positive headline; stock price declined from $1.04 at TSXV listing to $0.88 by April 16, indicating skepticism or lack of liquidity absorption.
• The move aligns with typical growth company progression (TSXV -> FSE) but does not materially alter valuation without accompanying financial performance data.
• Given the price weakness since inception, this news serves as a confidence-building measure rather than a catalyst for immediate re-rating.

• SalesCloser Technologies Ltd. operates an AI-driven SaaS platform focused on sales automation.
• Flagship product utilizes conversational agents to automate sales interactions for clients.
• Business model relies on a subscription structure with claimed high gross margins (per CEO quote).
• Primary exchange listing is TSX Venture Exchange; secondary listing established on Frankfurt Stock Exchange in April 2026.
• Management team includes Ali Tajskandar (CEO) and Adrian Lim (CFO).