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mCloud aims to secure capital for push into Middle East, as it lists to Nasdaq Capital Markets

The Nasdaq Capital Market is a tier of the Nasdaq containing early-stage companies that have relatively lower market capitalizations. The company has already made inroads into the Middle East, announcing in the second quarter, ending June 30, 2021, that it had signed a partnership with URBSOFT in Saudi Arabia. KSA [the Kingdom of Saudi Arabia] has embarked on an ambitious sustainability / ESG initiative by way of Saudi Vision 2030. The company operates in the United States, Canada, the United Kingdom, Singapore, Australia, China, and Saudi Arabia. mCloud estimates the partnerships will make its AssetCare solution available to approximately one million buildings in the US and Canada.

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