I give ALPP a Neutral rating and I remain uninvested for now. Private. The $11.8 billion Bed Bath & Beyond spent on its own stock since 2004 comes to more than twice the $5.2 billion in debt it had on its books in its most recent SEC filing, a debt load that proved . Some companies choose to move to get the visibility and liquidity provided by a stock exchange. There is a lot going on with this company that will come out over the next few months. Companies listing on The Nasdaq Stock Market can currently complete the following forms electronically. What I dont see happening is ALPP noodling along at its current level. I write mostly about small-cap stocks and welcome discussion. Going forward, phase four is to turn its userbase into a marketplace with commerce and an app store. Sono-Tek Corporation, Trading to Begin August 27, 2021 with Current Ticker SOTK. The stock price jumped on the date the acquisition was announced and then went back to its base level. Copyright 2023 Public Holdings, Inc. All Rights Reserved. This uplist represents an important milestone in our Company's history and is a testament to the work of our employees who continue to pursue the Synatogenix mission seeking restorative and novel therapeutics for those with life altering neurodegenerative diseases. Information Analysis Approved for Uplisting of Common Stock While a lot of fanfare may occur when a stock is newly listed on an exchangeespecially on the NYSEthere isn't a new initial public offering (IPO). My feeling is that this company is a binary proposition: it will either do a lot better, or a lot worse, over the coming year. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Phase one centered on building the companys scale and owning the fan experience. 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. Cryptocurrency execution and custody services are provided by Apex Crypto LLC (NMLS ID 1828849) through a software licensing agreement between Apex Crypto LLC and Public Crypto LLC. The value of T-bills fluctuate and investors may receive more or less than their original investments if sold prior to maturity. Enthusiast Gaming utilizes a diverse platform of websites, YouTube channels, influencers, professional esports teams and experiences to hit several areas of the video game market. There are no IPO announcements on this date. Going Public - Listing on First North Growth Market, UPDATED: Board Diversity Matrix Disclosure Requirements and Examples >>, Nasdaqs Board Diversity Rule: What Companies Should Know >>, Board Diversity Matrix Instructions and Templates >>, Nasdaq Publishes Notice on Regulatory Considerations for Small Capitalization IPOs >>, Advancing Boardroom Diversity: A Guide to Resources and Relationships >>, U.S. and Nordic Applications and Forms Preview, Listing Applications, including Listing Agreements, Listing of Additional Shares Notifications, Applications for companies and Certified Advisers on First North, Applications for listing structured products, such as warrants, certificates, exchange traded funds, option rights, Danish funds, coupon bonds and structured bonds, Environmental, Social and Governance Disclosure Forms, Outstanding Amount Change Forms for Fixed Income Instruments, Warrants and Certificates. The company filed an information statement with the SEC and plans a 300-1 reverse split to meet Nasdaq stock price requirements. 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. Financials are fairly ugly for now, and price is no better than fair. Alternative Assets. I believe this stock is a binary proposition: much bigger, or much smaller, within a year. In this article, I review stocks that have indicated that they are pursuing uplisting to NASDAQ or NYSE from OTC. Four of these are pretty boring: sheet metal and fabrication. That implies a 100% upside. SciSparc Announces Approval of Uplisting to The Nasdaq Capital Market Companies looking to move from the over-the-counter market to a standard exchange must meet certain financial and regulatory requirements. These forward-looking statements are based on currently available competitive, financial and economic data and our operating plans. An 8-1 reverse stock split on Dec. 12 in order to meet Nasdaq stock price requirements. This release may contain forward-looking statements regarding the Company's business, customer prospects, or other factors that may affect future earnings or financial results. This is another stock that I am avoiding until there is evidence of technological disruption. I explain the differences between these trading platforms in this article. Put together, that means revenue is guided to $67M on the low side and maybe $110M on the high side. Augmedix, Inc. Announces Uplisting to Nasdaq and Pricing of Their drone business becomes a world leader in its field, and ARKX picks up ALPP, pushing the multiple up even more. 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. Roundhill Investments CEO Will Hershey told Benzinga in December that Enthusiast Gaming was planning to uplist, which could be a catalyst for shares. Growth Ahead: Enthusiast Gaming has a five-phase plan in place that it is in the middle of completing. article, one of my holdings just filed an application to uplist. They are inherently uncertain, and investors must recognize that events could turn out to be significantly different from our expectations. 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. In Q1 2020, revenue hit $56.4 million, then declined to $14 million in Q1 2021. Potential NASDAQ Uplisting The valuations of all of the OTC miners are significantly lower than those of their NASDAQ or NYSE listed peers. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. IPO dates are estimated and may change, and in some cases companies postpone or withdraw their plans. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. How Does a Stock Move From OTC to a Major Exchange? 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. Companies can also take advantage of this portal to safely and securely submit supplemental documentation. The company just filed its application to uplist to Nasdaq as I am finishing this article. When a stock gets delisted from a major US exchangenamely the NYSE or Nasdaqthe news tends to fade. Is this happening to you frequently? The uplisting to NASDAQ is a success, and institutions begin buying. Alpine 4 Technologies, which is changing its name to Alpine 4 Holdings, is a holding company with nine subsidiaries. "Overview of NYSE Quantitative Initial Listing Standards," Pages 1-3. Cryptocurrencies are not securities and are not FDIC or SIPC insured. The company's main product is an automated railcar inspection portal ("RIP") . Before you start, gather some basic company information. The OTC market is more heavily regulated by the SEC than it was in the past and is currently reminiscent of what NASDAQ was at the time of the internet boom. Related: What are micro-cap and OTC stocks? We also reference original research from other reputable publishers where appropriate. As electric vehicles boom, this will hopefully be an important revenue driver for the company going forward. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. About Information Analysis IncorporatedInformation Analysis Incorporated (www.infoa.com), headquartered in Fairfax, Virginia, is an information technology products and services company. You can connect with her on Twitter at @writingsofrach. ALPP is in the process of uplisting to the NASDAQ from the OTC markets. Maybe youve heard of companies going public-to-private-to-public-again (ahemPanera Bread). . Luminosity Gaming is one of the most well-known esports teams in the world with over 70 million fans and the former home of popular streamer Ninja. Build and diversify your portfolio with all the major crypto. In previous articles I concentrated on tabulating price movement on uplisting stocks from six months prior to up to six months after the action and divided the stocks into sectors in order to determine if stocks in different sectors had different price movement behavior. OTC securities trading takes place in a few different ways. Past performance is not indicative of future performance. For most companies, however, the marriage to an exchange tends to be a lifetime relationship. The Grand Central Sports Bar and Handle 19 in Washington, D.C., have both selected Newgioco's ELYS platform to run their sportsbooks. 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 researching for this article, I found a new stock that I'm excited about and equally excited to see a stock that I've been following file for an uplisting as I completed this report. Companies can jump from the OTC market to a standard exchange as long as they meet listing and regulatory requirements, which vary by exchange. When typing in this field, a list of search results will appear and be automatically updated as you type. No money or other consideration is being solicited and, if sent in response, will not be accepted. You can read all about it here. It has a lot to prove with investors and upcoming earnings reports will be crucial. 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. An indication of interest to purchase securities involves no obligation or commitment of any kind. 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. 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. Brokerage services for US-listed, registered securities are offered to self-directed customers by Open to the Public Investing, Inc. (Open to the Public Investing), a registered broker-dealer and member of FINRA & SIPC. Second, it must be approved for listing by an organized exchange by filling out an application and providing various financial statements verifying that it meets its standards. I'm going to list them as they might be of interest to some readers: GreenPower Motor Co. (TSXV: GPV) (GPVRF) is an electric bus company. One of Alpines businesses is Quality Circuit Assembly, a company which contracts to make custom circuits. I tend to be early in my investment decisions, so join me when and if you see fit. Its customer list includes over 100 well-known Fortune 500 companies. 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. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. CURE Pharmaceutical (OTCQB:CURR) is a drug formulation and delivery technology company researching and manufacturing novel dosage forms. 4 OTC Stocks on the Move: BRLL CBDL MINE SING Create your Watchlist to save your favorite quotes on Nasdaq.com. Mailbox; Boards; Favorites; Whats Hot! 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. This material is not intended as a recommendation, offer, or solicitation to purchase or sell securities, open a brokerage account, or engage in any investment strategy. 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. Keep in mind that other fees such as regulatory fees, Premium subscription fees, commissions on trades during extended trading hours, wire transfer fees, and paper statement fees may apply to your brokerage account. Invest in baskets of securities in a single trade. Open to the Public Investing, Inc. Instead of trading on a centralized network, these stocks trade through a broker-dealer network. I have no business relationship with any company whose stock is mentioned in this article. Do not infer or assume that any securities, sectors or markets described in this article were or will be profitable. ALPP has to continue to raise equity capital but every raise creates punishing dilution. The first negative that comes to mind about this company is that it competes against much larger companies, but the financial picture and the technical picture are out of whack with the stock price hitting new lows while the company has a blowout first-half report. 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. 2978 0 obj <>stream The common stock and warrants are expected to begin trading on the Nasdaq Capital Market, on May 14, 2021, under the symbols "DTST" and "DTSTW," respectively. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com. Related Link: NERD ETF Co-Founder Talks Tencent, Sea Limited, Foreign Gaming Stocks. The Nasdaq Stock Market, Nasdaq, The Nasdaq Global Select Market, The Nasdaq Global Market, The Nasdaq Capital Market, ExACT and Exchange Analysis and Compliance Tracking system are trademarks ofNasdaq, Inc. T-bills are subject to price change and availability - yield is subject to change. An uplisting happens when a stock upgrades from an alternative stock exchange to a major stock exchange. Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. Type a symbol or company name. I tend to be on the long side and generally abstain from writing negative or short themes. PDF Nasdaq Initial Listing Guide hb```,B cb&CAAA v^p@{@hLZ8pk>=l3g7syS/)b.XvA9zYC[8=]}gKpCo~1 The issuers of these securities may be an affiliate of Public, and Public (or an affiliate) may earn fees when you purchase or sell Alternative Assets. mCloud Technologies (OTCQB:MCLDF) is a software as a service ("SaaS") provider of artificial intelligence and analytic solutions to maximize energy production, reduce energy waste in commercial spaces and reduce time to correct power outages. In addition to meeting listing requirements, successful uplistings require a company to earn trust from individual investors and institutional investors (like fund managers). Investments in T-bills involve a variety of risks, including credit risk, interest rate risk, and liquidity risk. Please. In this article and perhaps in future articles I want to take a look at stocks that have indicated plans to uplist and find new potential explosive gain candidates. After a fraud scandal from former CEO Mark Frissora, it proved too much for Hertz to bear. T-bills are purchased at a discount to the par value and the T-bills yield represents the difference in price between the par value and the discount price. Aggregate funds in your Treasury Account in excess of the T-bill purchases will remain in your Treasury Account as cash. Learn more. For instance, many exchanges require companies to have a minimum number of publicly-held shares held at a specific value. This content is not investment advice. But there are other reasons why a stock may be forced to delist. Hershey called Enthusiast an interest play with popular esports team Luminosity Gaming and millions ofusers. 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. Bear in mind: Just because a stock is on a major exchange doesnt mean its a worthy investment. 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. When the symbol you want to add appears, add it to My Quotes by selecting it and pressing Enter/Return. endstream endobj 2959 0 obj <. NASDAQ Stock Exchange (NASDAQ) New York Stock Exchange (NYSE) Penny Stocks - (OTC) User Boards. More than300 million users are on the Enthusiast Gaming platform monthly across 100 internet properties in the U.S. Enthusiast Gaming has more touchpoints to young people than any other gaming company. On average, the company provides a 20% cost saving for each asset it manages. A stock that moves to the NYSE often must change its symbol, due to NYSE regulations that limit stock symbols to three letters. 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. It educates investors while simultaneously working with penny stock and OTC companies, providing transparency and clarification of under-valued, under-sold Micro-Cap stocks of the market. Acquisitions are not accretive and synergies fail to appear. I'm finding OTC stocks involved in A.I., machine learning, and medical devices that are creating their own niche, have no competition and have booming revenues just from reviewing stocks that have indicated that they are seeking to uplist. Then, you choose a password and set up answers to some security questions and you are all set. otc stocks uplisting 2021how much did stan kroenke buy the rams for; otc stocks uplisting 2021john rzeznik plane crash video; otc stocks uplisting 2021porter hospital staff directory; otc stocks uplisting 2021kentucky one stop business portal otc stocks uplisting 2021. Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (Public Holdings). 2023, Nasdaq, Inc. All Rights Reserved. Market and economic views are subject to change without notice and may be untimely when presented here. Type a symbol or company name. Focus Universal (FCUV) developed a smart instrumentation solution named the "Uviquitor" that the company claims can be used as a universal controller and or measuring instrument through a cell phone that will replace numerous wired and non-wired instruments and controllers at a fraction of the price. Using this information, we can pre-populate much of the company's information on the form for you. 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. The Listing Center is the preferred method for submitting all listing and compliance-related documents. I'll save that one for last in my list of uplisting stocks found from digging through S-1 SEC filings. Entering text into the input field will update the search result below, and perhaps in future articles I want to take a look at stocks that have indicated plans to uplist and find new potential explosive gain candidates. Uplistings, explained (+ examples of uplisted stocks) - Public 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. The NYSE delisted Hertz stock because of its bankruptcy filing. The Companys shares will continue to trade on the OTCQX under the symbol SOTK until trading on Nasdaq commences. Can I Buy SHEIN Stock? | Bullish Bears Global Markets. Most people think they are up to date on OTC stocks but the landscape has changed dramatically. Mind Medicine (MNMD) Stock: Incomplete Nasdaq-Uplisting Application From Benzinga. You should consult your legal, tax, or financial advisors before making any financial decisions. Too much in the pipeline not to see this through so tda not being updated is just a inconvenience for now. Companies that cross-list may also choose to delist their stock from one exchange while remaining on another. Sono-Teks growth strategy is focused on leveraging its innovative technologies, proprietary know-how, unique talent and experience, and global reach to further develop microscopic coating technologies that enable better outcomes for its customers products and processes.
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