Fobi AI Inc. (TSXV: FOBI) (Pink: FOBIF) has begun working with legal counsel and interested parties in the Gulf region to assess the feasibility of an additional listing of its common shares on the Abu Dhabi Securities Exchange, the company announced. The review follows regional interest and comes as Fobi plans to establish Dubai as its regional commercial base.
The Vancouver-based company said it will evaluate ADX’s published foreign issuer criteria, potential alternative listing routes, the availability of discretionary relief, and strategic transactions that could support its regional growth plans and help it meet applicable listing requirements. The scope also covers listing and ongoing compliance costs, reporting obligations, and trading and settlement arrangements.
For investors, the key question is whether Fobi can identify a viable listing route and satisfy the exchange’s requirements. Any listing would be subject to required corporate, exchange and regulatory approvals. If completed, an ADX listing could broaden Fobi’s reach among Gulf investors and give eligible investors an additional venue to trade its shares alongside its TSX Venture Exchange listing. The company cautioned that any effect on trading liquidity would depend on investor participation, trading arrangements and market conditions.
The feasibility review is part of a broader Gulf push. On November 5, 2026, Fobi signed a nonexclusive distribution agreement with UAE-based Silkbridge Ventures to pursue government and enterprise opportunities in specified international markets. Fobi also plans to establish commercial operations in Dubai to support regional business development.
“The interest we’ve received in the Gulf gives us reason to explore whether an ADX listing could broaden our investor base and support greater trading liquidity over time,” said Rob Anson, CEO of Fobi AI. “We’re working with counsel and partners to assess listing eligibility and ongoing obligations. Our planned Dubai operations would bring us closer to local businesses and government customers looking to deploy sovereign AI and digital trust solutions.”
Fobi describes itself as building sovereign intelligence, identity, cybersecurity and digital trust infrastructure for the AI and post-quantum era through products including FORTRESS, FIXYR, AltID 3.0 and AgenticBrain. The Gulf initiative is intended to expand the company’s network of investors and strategic partners and to explore potential sources of capital and strategic transactions.
The announcement carries risks. Fobi said it may be unable to identify a viable listing route, qualify for an exemption or obtain required approvals, and that listing costs, reporting obligations or trading and settlement requirements could make a listing impractical. Local registration requirements, operating costs, available capital and customer demand could also delay or affect the Dubai plans. There can be no assurance that Fobi will submit an application, complete an ADX listing or realize any anticipated benefit.
Fobi said it will provide further updates as material developments arise. The original release is available through www.newmediawire.com, and the announcement was distributed by NEWMEDIAWIRE.
