Purpose Investments Announces It Will Switch from T+2 to T+1 Settlements on May 27, 2024

Major Milestone Achieved: Transition to T+1 Settlement in Canadian and U.S. Securities MarketsTORONTO, May 21, 2024 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose Investments” or “Purpose”) is pleased to announce its participation in a significant advancement to the operational framework of the Canadian and U.S. securities markets: the transition from a T+2 to T+1 settlement cycle. In conjunction with Canadian and U.S. security markets, Purpose will shorten its settlement cycles for seve