stocks uplisting to nasdaq 2021

Hertz Global Holdings recently uplisted from the OTC to the Nasdaq under the ticker HTZ.. 2. What is going on with Alpine 4 Technologies (NASDAQ:ALPP)? Overview of NYSE Quantitative Initial Listing Standards. 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. MILTON, N.Y., Aug. 26, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Sono-Tek Corporation (OTCQX: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that the Companys common stock has been approved for listing on the Nasdaq Capital Market (Nasdaq). 86% of retail CFD accounts lose money, RBC Capital Remains a Buy on Enthusiast Gaming Holdings (EGLX), Analysts Offer Insights on Technology Companies: Bombardier (OtherBDRBF) and Enthusiast Gaming Holdings (EGLX), Canaccord Genuity Maintains Buy Rating for Enthusiast Gaming: Here's What You Need To Know, H.C. Wainwright Remains a Buy on Enthusiast Gaming Holdings (EGLX), Enthusiast Gaming Holdings reports Q4 results, Enthusiast Gaming earnings: here's what Wall Street expects, Haywood Remains a Buy on Enthusiast Gaming Holdings (EGLX), Registration on or use of this site constitutes acceptance of our. 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. The OTCBB was a regulated quotation service for OTC securities provided by the Financial Industry Regulatory Authority (FINRA) to its members. Stocks and ETFs. Although the NYSE may seem like the pinnacle for a publicly-traded company, it may make sense for a company to switch exchanges. Companies listing on The Nasdaq Stock Market can currently complete the following forms electronically. Will I Lose My Shares If a Company Is Delisted? Phase one centered on building the companys scale and owning the fan experience. Customer Relationship Summary, Open to the Public Investings Fee Schedule. Revenues for 2020 are estimated by management to be $33.5M, although the CEO said that the company could have done ~$44M but for the effect of COVID (CEOs shareholder letter). In this article, I review stocks that have indicated that they are pursuing uplisting to NASDAQ or NYSE from OTC. %%EOF Mailbox; Boards; Favorites; Whats Hot! ENGMF Price Action: Shares of Enthusiast Gaming are down 5.54% to $7.6yon Thursday afternoon. It is not clear whether the company would be profitable under any of these scenarios. Now, Hertz has uplisted its way back to a major exchange. Scenario 2: The market turns down, becoming more conservative, and social media moves on to the next shiny object. The companys OTC stock skyrocketed, gaining 50 percent of market value in the following month. Companies can jump from the OTC market to a standard exchange as long as they meet listing and regulatory requirements, which vary by exchange. 0 endstream endobj startxref Sono-Tek Corporation Securities listed on major stock exchanges, on the other hand, are highly traded and priced higher than those that trade OTC. potential Nasdaq uplisting and the company's plan to launch a new subsidiary, the future looks sunny for the company. But is there a way for companies to move from one to the other? The Company historically specializes in software conversions, systems modernization and security. Companies that want to list on the Nasdaq, on the other hand, are required to have 1.25 million public shares held by at least 550 shareholders with a collective market value of $45 million. The Common Stock. In November 2020, ALPP bought Impossible Aerospace, which makes long-flight, high-performance drones. As electric vehicles boom, this will hopefully be an important revenue driver for the company going forward. This is another stock that I am avoiding until there is evidence of technological disruption. Access your saved applications and notification forms. Some companies choose to move to get the visibility and liquidity provided by a stock exchange. Several technical factors are also positive, including an upcoming uplisting to NASDAQ and possible inclusion in a new ARK fund. Go I wasn't selling at uplist to Nasdaq anyway. Crypto. Check the background of this firm on FINRAs BrokerCheck. n -9L-cT}pM OEns0\qWg7Y4#P b`uH00ZGFD3@ ^> ALPP is in the process of uplisting to the NASDAQ from the OTC markets. You don't need to be right most of the time to make a significant profit because the gains on one investment can be spectacular enough to offset wrong decisions on the overall portfolio. | Source: There are many reasons why a company may trade OTC, but it's not an option that provides much exposure or even a lot of liquidity. Delisting: What It Means and How It Works for Stock Shares, Over-the-Counter (OTC): Trading and Security Types Defined, Stock Symbol (Ticker Symbol): Abbreviation for a Company's Stock, Listing Requirements: Definition and Criteria for Stock Exchanges. I put this stock on my due diligence list for further review. Management guidance is for $42-55M revenue for 2021 without any acquisitions; $25-40M additional revenue with estimated acquisitions; and more upside depending on how quickly the pandemic subsides. Uplisting for the purpose of this discussion is when a stock moves from trading in the Over The Counter Market ("OTC") to NASDAQ or NYSE exchanges. I have to admit that I read the S1-A filing several times trying to understand what an Uviquitor is in order to explain it here and I don't understand it sufficiently enough to comprehend what exactly will be disrupted, but if something is going to be disruptive, Uviquitor is a good name for it. Delisting occurs when a listed security is removed from a standard exchange. No offer to buy securities can be accepted, and no part of the purchase price can be received, until an offering statement filed with the SEC has been qualified by the SEC. Sono-Tek Corporation is the leading developer and manufacturer of ultrasonic coating systems for applying precise, thin film coatings to protect, strengthen or smooth surfaces on parts and components for the microelectronics/electronics, alternative energy, medical and industrial markets, including specialized glass applications in construction and automotive. We undertake no obligation to update any forward-looking statement. For more information on risks and conflicts of interest, see these disclosures. The Companys shares will continue to trade on the OTCQX under the symbol SOTK until trading on Nasdaq commences. Build and diversify your portfolio with all the major crypto. Not all public companies successfully uplist. Announces Pricing of $4.0 Million Private Placement Priced At-the-Market Per Nasdaq . Stock price moves back down to the $1 range. "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. Nasdaq Uplisting: Enthusiast Gaming Holdings Inc ENGMF currently trades in Canada and as an OTC stock in the U.S. Plans to uplist on the Nasdaq were filed Thursday morning. I've found amazing returns in selecting stocks that are uplisting because the fundamentals are solid and these are the stocks that I want to invest in and report on. Type a symbol or company name. Reliance Global Group, Inc. 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. These and other factors are identified and described in more detail in the Company's filings with the Securities and Exchange Commission. 4 OTC stocks on the move are Barrel Energy (OTCMKTS: BRLL), CBD Life Sciences (OTCMKTS: CBDL), Minerco (OTCMKTS: MINE), and Singlepoint (OTCMKTS: SING). Esports Teams: There are a handful of publicly traded companies that own professional esports teams. There can be no assurance that the clinical program for Bryostatin-1 will be successful in demonstrating safety and/or efficacy, that we will not encounter problems or delays in clinical development, or that Bryostatin-1 will ever receive regulatory approval or be successfully commercialized. Instead of trading on a centralized network, these stocks trade through a broker-dealer network. I could not find this filing. Subsidiary QLC becomes a go-to supplier of circuits for the booming EV industry. August 26, 2021 08:00 ET In addition to meeting listing requirements, successful uplistings require a company to earn trust from individual investors and institutional investors (like fund managers). Enthusiast Gaming is a holding in the Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSE:NERD). An uplisting happens when a stock upgrades from an alternative stock exchange to a major stock exchange. Empowering companies to connect with their retail investors. I wrote this article myself, and it expresses my own opinions. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and currently holds a Life, Accident, and Health License in Indiana. | Source: If January and February are a sign of things to come in 2021, traders and investors are going to make a lot of money this year. He has 8 years experience in finance, from financial planning and wealth management to corporate finance and FP&A. I'll save that one for last in my list of uplisting stocks found from digging through S-1 SEC filings. Visit the Nasdaq Listing Center to: Submit Applications Submit listing applications and forms safely and securely CONTACT US Email: listingapplications@nasdaq.com Phone: +1 301 978 8008 Visit. 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. Over-the-counter (OTC) securities are those that are not listed on an exchange like the New York Stock Exchange (NYSE) or Nasdaq. When typing in this field, a list of search results will appear and be automatically updated as you type. "While. At the same time, it acquired Identified Technologies, a Pittsburgh company that creates drone mapping software. The company and its stock must meet listing requirements for its price per share, total value, corporate profits, daily or monthly trading volume, revenues, and SEC reporting requirements. Put your cash to work with a high-yield Treasuries account. There are cases where the uplisting is just not the right action for a particular stock. To date, all revenue reported has been from AVX smart home product sales and installation. Other presently existing subsidiaries do about the same as they are now. One important set of customers for QCA is electric vehicle companies. As of November 15, 2021, TOPS stock is worth $1.22 per share, having completed 10 reverse splits since 2008. In some cases, firms have to involuntarily move to a different exchange when they no longer meet the financial or regulatory requirements of their current exchange. In previous articles, I provided evidence that there was a good possibility of gaining a return exceeding 100% within six months in stocks that are in the uplisting process. Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. We look forward to continuing to execute on our strategic plan and growth initiatives as we build long term shareholder value.. Our system is designed with users in mind so we have included features that make the Listing Center convenient for you, including the ability to begin a form and then save your work so you can continue your form at another time and the ability to share your form so you can give another user permission to view and update information in your form. 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. We are the largest gaming media platform in North America and believe a NASDAQ listing will allow us to enlarge our shareholder base and accelerate our growth strategy, including our M&A roadmap, Montgomery said. About The "Stock Day" Podcast. But, as noted above, there are several steps it must take before they can list. I started studying price movement of uplisting stocks in early 2016 and shared my findings in this article and followed up with a deeper look in subsequent articles (1,2,3). Information Analysis Incorporated. For example, small-market business owner and operator Alpine 4 Holdings (NASDAQ:ALPP) uplisted from the OTC markets to the Nasdaq in late October 2021. In January 2021, ALPP bought Vayo, another high-performance drone maker. I have been avoiding taking an interest in any cannabis-related stock due to the hype. However, SHEIN brought it to the next level with ultra-fast fashion. Hertz Global Holdings filed for Chapter 11 bankruptcy in 2020. Business travel plummeted along with the demand for used cars. Tuesday, February 09, 2021 10:12:10 AM . You can connect with her on Twitter at @writingsofrach. The ruling does not impact DJI immediately but may crimp their manufacturing starting mid-2021. hbbd```b``kXdL r/0 The stunning rise in price is owed to recent excitement on social media around the company (it has a whole subreddit), which in turn is driven by a number of intersecting fundamental developments. 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. Do Not Sell My Personal Information (CA Residents Only). Just look at Top Ships (NASDAQ:TOPS), which has used the loophole of reverse stock splits to keep its share price high enough to satisfy the Nasdaq Exchanges minimum. Jeremy Hellman, CFAVice PresidentThe Equity Group Inc.(212) 836-9626, Tim Hannon,CPAChief Financial OfficerInformation Analysis Incorporatedthannon@infoa.com. A Nasdaq staff person will then contact you to follow up on your submission within one or two business days. "OTC Bulletin Board (OTCBB).". You can complete your. In order to help you gather all the information you will need to complete your form, you may access many of our forms in preview mode. FORT COLLINS, CO / ACCESSWIRE / January 24, 2023 / Statera Biopharma, Inc. (NASDAQ:STAB) (the "Company" or "Statera Biopharma"), a biopharmaceutical company creating next-generation immune therapies that focus on immune restoration and homeostasis, is pleased to announce it has completed the application process for moving off the OTC Pink Sheets and uplisting to the OTCQB Venture Marketplace. The company just filed its application to uplist to Nasdaq as I am finishing this article. They offer more items at a cheaper price. I believe this stock is a binary proposition: much bigger, or much smaller, within a year. See Jiko U.S. Treasuries Risk Disclosures for further details. With a completed five-phase plan, Enthusiast Gaming thinks it can turn its average revenue per user from $0.40 to $3by 2023. Zara, H&M and other companies pioneered it. Commenting on the announcement, Primit Parikh, President and Co-Founder of Transphorm, stated, "Our uplisting to Nasdaq is a significant milestone for Transphorm and is a testament to the .