Fobi AI Inc. (TSXV: FOBI) (Pink: FOBIF) announced it has started working with legal counsel and interested parties in the region to evaluate the feasibility of an additional listing of its common shares on the Abu Dhabi Securities Exchange (ADX). The company said interest from regional parties prompted the review as it plans to establish Dubai as its regional commercial base.
The assessment will examine ADX’s published foreign issuer criteria, potential alternative listing routes, the availability of discretionary relief, and strategic transactions that could support Fobi’s regional growth plans and help it meet applicable listing requirements. The review will also cover listing and ongoing compliance costs, reporting obligations, and trading and settlement arrangements. A decision to proceed will depend on whether the review identifies a viable listing route and whether Fobi can meet the applicable 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 Fobi’s common 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 move follows Fobi’s November 5, 2026, announcement that it signed a nonexclusive distribution agreement with Silkbridge Ventures, based in the United Arab Emirates, 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. A local presence would also help us expand our Gulf network of investors and strategic partners and explore potential sources of capital and strategic transactions.”
Fobi AI describes itself as building sovereign intelligence, identity, cybersecurity, and digital trust infrastructure for the AI and post-quantum era. Through FORTRESS, FIXYR, AltID 3.0, and AgenticBrain, the company helps organizations securely connect data, systems, people, and workflows while maintaining greater control over information, identity, and digital interactions.
The announcement signals Fobi’s intent to deepen its presence in the Middle East, a region investing heavily in AI and digital trust technologies. For investors, a potential ADX listing could provide greater access to Gulf capital and improve liquidity, though the company has not committed to proceeding. The outcome of the feasibility review and the establishment of Dubai operations will be key factors to watch. Fobi said it will provide further updates as material developments arise. The original release is available via www.newmediawire.com.
