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The latest announcement is out from Freelancer ( (AU:FLN) ).
Freelancer Limited has launched a sponsored Level 1 American Depositary Receipt (ADR) program with Deutsche Bank, trading under the ticker symbol FRLCY on the U.S. over-the-counter market. This initiative allows U.S. investors to invest in Freelancer Limited more easily by trading in U.S. dollars, enhancing the company’s global accessibility and supporting its mission to empower entrepreneurs and businesses worldwide. The ADR program is expected to simplify cross-border investment and align with Freelancer’s commitment to transparency and investor engagement.
More about Freelancer
Freelancer Limited is the world’s largest freelancing and crowdsourcing marketplace, boasting over 80 million registered users and more than 25 million projects across diverse fields such as website development, marketing, astrophysics, and aerospace engineering. The company also owns Escrow.com, a leader in secure online payments, and Loadshift, Australia’s largest heavy haulage freight marketplace. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN.
Average Trading Volume: 63,360
Technical Sentiment Signal: Buy
Current Market Cap: A$117.2M
Learn more about FLN stock on TipRanks’ Stock Analysis page.