VRAR exploded 31% higher on October 28, 2021, after the company reported that it is listed on the Frankfurt stock exchange.
The Glimpse Group Announces Public Listing On The Frankfurt Stock Exchange
The Glimpse Group, Inc. (NASDAQ:VRAR)(FSE:9DR), a diversified Virtual Reality and Augmented Reality (“VR” and “AR”) platform company providing enterprise-focused VR and AR software & services solutions announced that it has been listed on the Frankfurt Stock Exchange (the “FSE”) under the trading symbol “9DR”.
The FSE is not only the largest of the eight stock exchanges in Germany, but is also considered one of the world’s largest trading centers for securities. Its electronic trading platform – XETRA – is one of the world’s largest fully electronic securities markets, with direct linkage to most other major European financial hubs. In addition, Glimpse’s shares are now also available to trade on other leading German exchanges, including: Börse Stuttgart, Börse München, Gettex Exchange and Tradegate Exchange.
Via these exchanges, European equity investors can directly purchase Glimpse shares trading on the Nasdaq exchange, as part of Glimpse’s currently outstanding common stock float. We expect that this will help to increase the Company’s trading liquidity and facilitate investment in Glimpse by German and other European investors, as major financial hubs in Switzerland, Luxembourg, Lichtenstein, Monaco and others are effectively reached.
Fortell Reality and GameChanger Charity to Deliver Virtual Reality Therapy to Hospitalized Children
On October 26, 2021, Foretell Reality, a wholly owned subsidiary of The Glimpse Group, Inc. (NASDAQ:VRAR)(“Glimpse”), and a provider of social Virtual Reality (VR) multi-person spaces, and GameChanger Charity announced a partnership to deliver Virtual Reality (VR) and Augmented Reality (AR) games and tools to leading pediatric facilities through the GameChanger Private Network, helping to transform the hospital experience for seriously ill and isolated children.
Backed by an impactful Board of Directors that includes: Amazon Web Services VP of Healthcare Dave Levy, Twitch Founder and CEO Emmett Shear, Microsoft Xbox CFO Tim Stuart, Reddit CEO Steve Huffman and YouTube VP of Content Malik Ducard, GameChanger Charity develops the technology and content offerings of its GameChanger Private Network. The GameChanger Private Network is a secure multi-channel, interactive platform provided at no cost to hospitals and delivers the latest video games, movies, VR and AR experiences, as well as other forms of distraction therapy, to patients, families and caregivers.
Pandemic conditions have worsened the acute anxiety of hospitalization for children isolated in treatment and long-term care. COVID-19 restrictions for immunocompromised patients mean no visitors, no friends or classmates, no pet therapists. In what continues to be a difficult and painful time, innovations like VR and AR can bring hope, connection and joy to those who need it most.
The Children’s Health of Orange County (CHOC) in California and Children’s Inn at the National Institutes of Health (NIH) in Bethesda, Md., are among 10 hospitals designated to receive the immersive technologies which are specially developed by Foretell Reality to enhance mental wellbeing by mitigating pain, loneliness and anxiety.
Foretell’s VR platform transports users to another dimension, away from the mundane hospital environment. Its technologies enhance human interaction for patient therapy and support, soft skills training, learning and collaboration.
Foretell Reality Company VIDEO
Jim Carol, Co-Founder and CEO of GameChanger Charity commented: “Foretell’s technology offers advanced patient experiences that can have a positive impact on the overall wellbeing of the children we are working to help each day. The Foretell team share our passion for relieving the pain and suffering of isolated kids and their families, and just as importantly, the caregivers who are working tirelessly on the front lines.”
“Our partnership with GameChanger Charity comes at a critical time for hospitals looking for innovative therapies for patients isolated by the pandemic,” said Dror Goldberg, GM, Foretell Reality & VP Product, The Glimpse Group. “This is exactly what our VR and AR experiences are designed to do.”
VRAR Stock Technical Analysis
The long and short term trends are both positive. This is looking good! We had a pocket pivot (blue dot) on October 28, 2021. VRAR has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first. Click here to sign up for email alerts on when VRAR is a good entry.