Past performance is no guarantee of future results. TECO Treaty Energy Corporation: If you read the SEC rules for uplisting to the Nasdaq then you will see that is not possible righ - #751171. CBD companies have been rushing to uplist and CANB doesn't want to be left behind. We believe that the uplisting will increase our corporate visibility, broaden awareness of Sono-Tek in the investment community, and potentially increase our institutional shareholder base and improve the trading liquidity of our common stock. QLC remains a bit player in the EV and other industries. I'm also not always right but I like the risk/reward characteristics of investing in micro-caps.My articles are reflective of my investment interests and hopefully provide readers with ideas that they can further explore. Instead of trading on a centralized network, these stocks trade through a broker-dealer network. Finally, two recent acquisitions in the drone space are starting to create synergies between the subsidiaries of the company. Information Analysis Incorporated. 2. Exchanges must approve a company's application to list, which should be accompanied by financial statements. The company reported that it mined 225 Bitcoin in July and 206 . The companys OTC stock skyrocketed, gaining 50 percent of market value in the following month. I will be doing an update on my coverage as soon as I can get an interview with the management, but I am encouraged in my enthusiasm by its uplisting application. Nasdaq's US Listing Center is powered by ExACT. Heres what happened to Hertz and whats to come: Hertz isnt the only company to uplist this year. Stocks on standard exchanges are known for being less volatile as well as having higher trading activity and liquidity. In addition to meeting listing requirements, successful uplistings require a company to earn trust from individual investors and institutional investors (like fund managers). In Sept. the company reported record revenue and had higher revenue for the first six months this year than the entire prior fiscal year. I don't know if this company will ever uplist but it is trading at over 150x sales and generating very little revenue. Securities products offered by Open to the Public Investing are not FDIC insured. When a stock gets delisted from a major US exchangenamely the NYSE or Nasdaqthe news tends to fade. Uplistings, explained (+ examples of uplisted stocks), Open to the Public Investing, Inc. The exchange may require the company to issue a press release notifying shareholders about this decision. The company reported in the S-1 almost $5 million in cash but over $10 million in debt and will be selling shares coinciding with the uplisting. Put together, that means revenue is guided to $67M on the low side and maybe $110M on the high side. 5 Triple A-Rated Stocks to Buy for October; The company was hit hard by the pandemic. Minimum stock price (NYSE and Nasdaq delist any stocks that fall below $1 for 30 consecutive days), Corporate governance standards (NYSE and Nasdaq require an Independent Compensation Committee, for example), Listing fees (companies must pay anywhere from $125,000$295,000 to list, plus annual and additional share fees). Duos Tech (DUOT) has a suite of products that use video analytics, machine vision algorithms, neural networking, machine learning, and artificial intelligence that can be applied to various industries. JSI uses funds from your Treasury Account to purchase T-bills in increments of $100 par value (the T-bills value at maturity). Using this information, we can pre-populate much of the company's information on the form for you. I'll save that one for last in my list of uplisting stocks found from digging through S-1 SEC filings. Stock trading involves buying and selling shares of publicly traded companies. Companies listing on our Nordic market can currently complete the following forms electronically: Users can also make symbol reservation requests, submit logo forms and update their prospectus online. Financials are fairly ugly for now, and price is no better than fair. It has a lot to prove with investors and upcoming earnings reports will be crucial. You should consult your legal, tax, or financial advisors before making any financial decisions. Growth Ahead: Enthusiast Gaming has a five-phase plan in place that it is in the middle of completing. 2021. There are also many companies that announce uplisting that never do and some for which uplisting is a non-event. via NewMediaWire - Minim, Inc. , the creator of intelligent networking products under the globally recognized Motorola brand, today reported second quarter financial results for the period ended June. This is another stock that I am avoiding until there is evidence of technological disruption. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. If you like what you read, spread the knowledge (and love): An uplisting is when a stock that trades in some market transfers to a bigger and more respectable exchange. There is also the OTC Markets Groupthe largest operator of over-the-counter tradingwhich has eclipsed the OTCBB. The technology on these drones is impressive, but so is the personnel that comes with it. I've found, for example, that a money-burning biotech runs up in price on investor excitement about uplisting and then sells off immediately afterwards. About Enthusiast Gaming: Enthusiast Gaming has the largest gaming media platform in North America. I'll save that one for last in my list of uplisting stocks found from digging through S-1 SEC filings. Powered by: Preclinical studies have also demonstrated Bryostatin's regenerative mechanisms of action for the rare disease, Fragile X syndrome, and for other neurodegenerative disorders such as multiple sclerosis, stroke, and traumatic brain injury. Overview of NYSE Quantitative Initial Listing Standards. Bear in mind: Just because a stock is on a major exchange doesnt mean its a worthy investment. Relatively few companies voluntarily jump from one exchange to another. . About Information Analysis IncorporatedInformation Analysis Incorporated (www.infoa.com), headquartered in Fairfax, Virginia, is an information technology products and services company. For example, Kraft Foods, once one of the 30 companies in the Dow Jones Industrial Average, voluntarily left the NYSE for the Nasdaq, becoming the first DJIA company ever to do so. But is there a way for companies to move from one to the other? I rate NWGI as a pass for now, due to the lack of revenue growth, the lack of profitability and the large debt position, but will put this stock on my watchlist to monitor its U.S. expansion. H2YUjH q2#,H(C-@ j The company has recently begun penetration of the U.S. market offering its SaaS solutions. I found one stock while researching for this article that I got excited about and bought. Going forward, phase four is to turn its userbase into a marketplace with commerce and an app store. potential Nasdaq uplisting and the company's plan to launch a new subsidiary, the future looks sunny for the company. These forward-looking statements are based on currently available competitive, financial and economic data and our operating plans. starting mid-2021. Cure operates a 25,000 square foot cGMP manufacturing plant in Oxnard, CA, and has two commercial products. An affiliate of Public may be testing the waters and considering making an offering of securities under Tier 2 of Regulation A. For instance, many exchanges require companies to have a minimum number of publicly-held shares held at a specific value. Stay up to date with financial events and indicators from all over the world. Analysts Disclosure: I am/we are long MCLDF, DUOT. I took a starter position as I write this article and plan on doing more due diligence on this stock. It typically happens in the United States on exchanges like the New York Stock Exchange (NYSE) or the Nasdaq stock market. Trading of the Company's ordinary shares on Nasdaq is expected to begin on December 22, 2021. An 8-1 reverse stock split on Dec. 12 in order to meet Nasdaq stock price requirements. Spencer Gore founded IA, and before that developed the Tesla battery. All rights reserved. Do Not Sell My Personal Information (CA Residents Only). For further information, visit www.sono-tek.com. Companies can jump from the OTC market to a standard exchange as long as they meet listing and regulatory requirements, which vary by exchange. These include white papers, government data, original reporting, and interviews with industry experts. According to the S-1 filed on Sept. 13, Newgioco has approximately 90,000 online user accounts and over 2100 physical locations such as sports bars and coffee shops. Additional factors that may influence or cause actual results to differ materially from expected or desired results may include, without limitation, the Company's inability to obtain adequate financing, the significant length of time associated with drug development and related insufficient cash flows and resulting illiquidity, the Company's patent portfolio, the Company's inability to expand its business, significant government regulation of pharmaceuticals and the healthcare industry, lack of product diversification, availability of the Company's raw materials, existing or increased competition, stock volatility and illiquidity, and the Company's failure to implement its business plans or strategies. Find dividend paying stocks and pay dates. The company owns the Vancouver Titans esports team in the Overwatch League and the Seattle Surge which competes in Call of Duty League. For example, the NYSE requires newly listed companies to have 1.1 million publicly held shares held by a minimum of 2,200 shareholders with a collectivemarket value of at least $100 million. Focus has filed for three patents for its technology, which it claims will be a disruptor in Internet of Things ("IOT"). hb```,B cb&CAAA v^p@{@hLZ8pk>=l3g7syS/)b.XvA9zYC[8=]}gKpCo~1 In August 2021, IAI appointed Jamie Benoit to lead a corporate transformation of IAI into a provider of Zero Trust technology solutions to commercial and government organizations. "OTC Bulletin Board (OTCBB).". Trading on Nasdaq will be effective at the market open on August 27, 2021 and the shares will trade under the Company's current ticker symbol "SOTK". Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. One analyst is forecasting double-digit growth fueled by the company entering the U.S. market and a second analyst has a share price target of $1.80, 300% higher than the current market price. A stock that moves from the OTC to Nasdaq often keeps its symbolboth allowing up to five letters. Some uplisted stocks are returning to a major exchange while others are achieving it for the first time. But, as noted above, there are several steps it must take before they can list. He has 8 years experience in finance, from financial planning and wealth management to corporate finance and FP&A. I expect at least two of them (and quite possibly. Simultaneous with the Nasdaq listing, Mr. Waggoner raised approximately $90 million to support PharmaCyte's worldwide operations and research and development efforts. This achievement reflects the hard work of our outstanding team and the years weve spent building the Companys leading market position and standing in the ultrasonic coating system industry. The OTC markets have a lower trading volume than standard exchanges. On average, the company provides a 20% cost saving for each asset it manages. "Uplisting to The Nasdaq Capital Market is another important milestone in IAI's transformation into a leading provider of Zero Trust technology to commercial and government customers and in our efforts to build long-term shareholder value," saidJamie Benoit, CEO of IAI. Involuntary delistings are generally due to a company's failing financial condition. You can learn more about the standards we follow in producing accurate, unbiased content in our. The Company's common stock will continue to trade on the OTC Markets quotation system on the OTCBB until trading commences on The Nasdaq Capital Market. These forward-looking statements include statements regarding the listing of our shares of common stock on the Nasdaq Capital Market, Phase 2 clinical trial of Bryostatin-1 and further studies, and continued development of use of Bryostatin-1 for AD and other cognitive diseases. Within a few minutes of your submission, you will receive a system-generated acknowledgment email that confirms receipt and includes a PDF attachment of the application or notification form submitted. Digging through S1 filings to find uplisting candidates is tedious but it is a good way to find a fast-growing company that is pending uplisting. Listing requirements are the minimum standards that must be met by a company before it can list its shares on a stock exchange. Commission-free trading of stocks and ETFs refers to $0 commissions for Open to the Public Investing self-directed individual cash brokerage accounts that trade the U.S.-listed, registered securities electronically during the Regular Trading Hours. announced today that it has been approved to uplist to The Nasdaq Capital Market ("Nasdaq"). You can complete your. Zara, H&M and other companies pioneered it. Visit the Nasdaq Listing Center to: Submit Applications Submit listing applications and forms safely and securely CONTACT US Email: [email protected] Phone: +1 301 978 8008 Visit. FAIRFAX, Va., Nov. 19, 2021 (GLOBE NEWSWIRE) -- Information Analysis Incorporated (IAI or the Company) (OTCQB:IAIC) announced today that the Company's common stock has been approved for listing on The Nasdaq Capital Market. JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (Public) or any of its subsidiaries. Hershey called Enthusiast an interest play with popular esports team Luminosity Gaming and millions ofusers. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. Before taking action based on any such information, we encourage you to consult with the appropriate professionals.
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