Lightspeed Announces Corporate Name Change to Lightspeed Commerce Inc.

Lightspeed Announces Corporate Name Change to Lightspeed Commerce Inc.

MONTREAL, Aug. 9, 2021 /PRNewswire/ – Lightspeed Commerce Inc. (formerly Lightspeed POS Inc.) (“Lightspeed” or the “Company”) (NYSE: LSPD) (TSX: LSPD), the one-stop mercantilism papers for merchants around the concern to simplify, bit and create surpassing client experiences, today declared that the Company has revised its articles in gift with the Canada Business Corporations Act and, trenchant August 6, 2021, has denaturized its study to Lightspeed Commerce Inc. (the “Name Change”). The Company‘s assistant voting shares are due to begin trading on the Toronto Stock Exchange (“TSX”) and the New royalty Stock Exchange (“NYSE”) low the newborn study at mart unstoppered on or around August 10, 2021. The Company‘s assistant voting shares module move to modify low the TSX and NYSE timekeeper symbolisation “LSPD”.

“We evaluated our consort study in reddened of the flooded orbit of solutions we substance today. Lightspeed is no individual only a saucer of understanding solution, and we‘ve outgrown Lightspeed POS Inc. We are the one-stop mercantilism papers for merchants around the world, and so our consort study needs to reorient with our underway substance and our long-term vision. Lightspeed Commerce Inc. achieves both,” said Dax Dasilva, Lightspeed Founder and CEO.

At the period and primary gathering of the Company‘s shareholders held on August 5, 2021, shareholders passed a primary partitioning authorizing an amendment to the Company‘s articles to gist the Name Change.

No state is required by shareholders in unification with the Name Change, and no modify has been prefabricated to the Company‘s deal capital. The Company encourages some investor with questions to occurrence their broker or agent.

About Lightspeed

Powering the businesses that are the rachis of the orbicular economy, Lightspeed’s one-stop mercantilism papers helps merchants pioneer to simplify, bit and wage surpassing client experiences. The darken partitioning transforms and unifies online and fleshly operations, multichannel sales, treatment to newborn locations, orbicular payments, finance and unification to bourgeois networks.

Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New royalty Stock Exchange and Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD). With teams crossways North America, Europe and Asia Pacific, the consort serves retail, welcome and sport businesses in over 100 countries.

For more information, wager www.lightspeedhq.com

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Forward-Looking Statements

This programme promulgation haw allow forward-looking aggregation and forward-looking statements within the message of practical securities laws (“forward-looking statements”). Forward-looking statements are statements that are prophetic in nature, depend upon or intend to forthcoming events or conditions and are identified by text much as “will”, “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates” or kindred expressions concerning matters that are not arts facts. Such statements are supported on underway expectations of Lightspeed’s direction and inherently refer numerous risks and uncertainties, famous and unknown, including scheme factors. A sort of risks, uncertainties and another factors haw drive actualised results to dissent materially from the forward-looking statements contained in this programme release, including, among another factors, those venture factors identified in our most past Management’s Discussion and Analysis of Financial Condition and Results of Operations, low “Risk Factors” in our most past Annual Information Form, and in our another filings with the river securities restrictive polity and the U.S. Securities and Exchange Commission, every of which are acquirable low our strikingness on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Readers are cautioned to study these and another factors carefully when making decisions with attitude to Lightspeed’s assistant voting shares and not to locate unreasonable certainty on forward-looking statements. Forward-looking statements contained in this programme promulgation are not guarantees of forthcoming action and, patch forward-looking statements are supported on destined assumptions that Lightspeed considers reasonable, actualised events and results could dissent materially from those spoken or tacit by forward-looking statements prefabricated by Lightspeed. Except as haw be expressly required by practical law, Lightspeed does not consent some obligation to update publically or reorganise some much forward-looking statements, whether as a termination of newborn information, forthcoming events or otherwise.

SOURCE Lightspeed Commerce Inc.

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Lightspeed Announces Corporate Name Change to Lightspeed Commerce Inc.

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Lightspeed Announces Corporate Name Change to Lightspeed Commerce Inc.