If you have an ad-blocker enabled you may be blocked from proceeding. 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. 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. Many of these stocks that have uplisted will have difficulty maintaining share price requirements. 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. Heres what happened to Hertz and whats to come: Hertz isnt the only company to uplist this year. Stay up to date with financial events and indicators from all over the world. The company has recently begun penetration of the U.S. market offering its SaaS solutions. 2021: $15.7B. 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. 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. But have you heard of companies going listed-to-delisted-to-listed? These factors include, among other considerations, general economic and business conditions; political, regulatory, tax, competitive and technological developments affecting our operations or the demand for our products; the duration and scope of the COVID-19 pandemic; the extent and duration of the pandemics adverse effect on economic and social activity, consumer confidence, discretionary spending and preferences, labor and healthcare costs, and unemployment rates, any of which may reduce demand for some of our products and impair the ability of those with whom we do business to satisfy their obligations to us; our ability to sell and provide our services and products, including as a result of continued pandemic related travel restrictions, mandatory business closures, and stay-at home or similar orders; any temporary reduction in our workforce, closures of our offices and facilities and our ability to adequately staff and maintain our operations resulting from the pandemic; the ability of our customers and suppliers to continue their operations as result of the pandemic, which could result in terminations of contracts, losses of revenue, and further adverse effects to our supply chain; maintenance of increased order backlog, including effects of any COVID-19 related cancellations; the imposition of tariffs; timely development and market acceptance of new products and continued customer validation of our coating technologies; adequacy of financing; capacity additions, the ability to enforce patents; maintenance of operating leverage; consummation of order proposals; completion of large orders on schedule and on budget; successful transition from primarily selling ultrasonic nozzles and components to a more complex business providing complete machine solutions and higher value subsystems; the realization of any benefits that may be derived from listing the Companys common stock on Nasdaq; and realization of quarterly and annual revenues as forecasted. From Benzinga. ALPP proves that uplistings can be just as (if not more) volatile than new IPOs (initial public offerings). Stock price moves back down to the $1 range. However, I try not to take those kinds of bets. In this article, I review stocks that have indicated that they are pursuing uplisting to NASDAQ or NYSE from OTC. Companies like to be on standard exchanges to get respect from retail investors so they can view it as a major public company. Buy fractional shares of fine art, collectibles, and more. Thanks to Nasdaq and NYSE listing and regulatory requirements, uplistings tell investors how a stock is faring and what may be next for the company behind the ticker. Historical or hypothetical performance results are presented for illustrative purposes only. Check the background of this firm on FINRAs BrokerCheck. CURE Pharmaceutical (OTCQB:CURR) is a drug formulation and delivery technology company researching and manufacturing novel dosage forms. You should consult your legal, tax, or financial advisors before making any financial decisions. At the same time, it acquired Identified Technologies, a Pittsburgh company that creates drone mapping software. 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. Finally, two recent acquisitions in the drone space are starting to create synergies between the subsidiaries of the company. Please disable your ad-blocker and refresh. HOW TO TRADE PENNY STOCKS Based on the current share ratio and price, one TOPS stock is down more than $15 billion from its starting value. These and other factors are identified and described in more detail in the Company's filings with the Securities and Exchange Commission. Over-the-counter securities are not listed on an exchange, but trade through a broker-dealer network. We undertake no obligation to update any forward-looking statement. Additional information about Synaptogenix, Inc. may be found on its website:www.synaptogen.com. It has a lot to prove with investors and upcoming earnings reports will be crucial. 4 OTC stocks on the move are Barrel Energy (OTCMKTS: BRLL), CBD Life Sciences (OTCMKTS: CBDL), Minerco (OTCMKTS: MINE), and Singlepoint (OTCMKTS: SING). Such forward-looking statements are subject to risks and uncertainties and other influences, many of which the Company has no control over. 0 You can read all about it here. The above content provided and paid for by Public and is for general informational purposes only. This is another stock that I am avoiding until there is evidence of technological disruption. Their shares might fall after getting uplisted or they may not be able to sustain the requirements. Tags Top Stories Small Cap Bitcoin mining stocks. Listing requirements are the minimum standards that must be met by a company before it can list its shares on a stock exchange. Traders can place buy and sell orders through theOver-the-Counter Bulletin Board (OTCBB), an electronic service offered by the Financial Industry Regulatory Authority(FINRA). These forward-looking statements are based on currently available competitive, financial and economic data and our operating plans. Companies can jump from the OTC market to a standard exchange as long as they meet listing and regulatory requirements, which vary by exchange. The drone business is technically impressive but financially break-even or money-losing. Stock trading involves buying and selling shares of publicly traded companies. . Track companies who are expected to release earnings reports. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Synaptogenix Provides Corporate Update and Outlines Potential Business Opportunities, Synaptogenix Announces Topline Results from NIH-Sponsored Phase 2 Clinical Trial of Bryostatin-1 for Advanced Alzheimer's Disease. Is this happening to you frequently? Find dividend paying stocks and pay dates. You can complete your. Acquisitions are not accretive and synergies fail to appear. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. 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. ALPP has to continue to raise equity capital but every raise creates punishing dilution. As of mid-November, the uplisting isnt going as ALPP hopedthe stock has lost nearly half of its value since the event. The diversification leads to the ability to monetize subscriptions, sponsorships, content licensing, direct sales and data. There is also the OTC Markets Groupthe largest operator of over-the-counter tradingwhich has eclipsed the OTCBB. 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. 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. It has a lot to prove with investors and upcoming earnings reports will be crucial. Too much in the pipeline not to see this through so tda not being updated is just a inconvenience for now. Delisting is the removal of a security from a stock exchange. There hasn't been a press release mentioning intent to uplist since the S-1 A filing and there is no mention of intent to uplist on the latest 10 Q. I am rating this stock as avoid for now. Home . Information Analysis Incorporated. Put your cash to work with a high-yield Treasuries account. Before you start, gather some basic company information. About Enthusiast Gaming: Enthusiast Gaming has the largest gaming media platform in North America. She likes to give meaning to numbers by humanizing them. 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. Analysts Disclosure: I am/we are long MCLDF, DUOT. In order to list, they must meet financial and listing requirements, which vary by exchange. OTC Market Groups Inc.'s products and services are not affiliated with or approved by the U.S. Securities and Exchange Commission. The exchange may require the company to issue a press release notifying shareholders about this decision. One stock that I anticipated would be uplisting based on conversations with management filed an application to uplist to Nasdaq just a I was about to complete this article. On Nov. 9, Hertz uplisted its stock to the Nasdaq under the ticker "HTZ." HTZ stock is likely to remain volatile as it settles into its new exchange. Apex Crypto is licensed to engage in virtual currency business activity by the New York State Department of Financial Services. 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. Copy and paste multiple symbols separated by spaces. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Subsidiary QLC becomes a go-to supplier of circuits for the booming EV industry. Read on to find out more about the difference between these two markets, and how companies can move from being traded over-the-counter to a standard exchange. 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. Chinese search engine giant Baidu, Inc. (NASDAQ:BIDU) in December 2021 revealed its metaverse offering called Xi Rang, a virtual world and a set of tools that will allow developers to build . 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. The new ETFs mandate includes drones, and it is reasonable to hope they will invest in ALPP. 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. 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. ALPP begins flowing cash, and eventually grows into its elevated valuation as say a $1B company. . As of November 15, 2021, TOPS stock is worth $1.22 per share, having completed 10 reverse splits since 2008. Naturally, a U.S. registration is a significant milestone for the company, CEO Adrian Montgomery said. With that in mind, let's look at these seven NYSE-listed penny stocks that look particularly promising: Gerdau (NYSE: GGB) Ion Geophysical Corp. (NYSE: IO) Team Inc. (NYSE: TISI ) Regis Corp.. Please see Open to the Public Investings Fee Schedule to learn more. New York Stock Exchange. 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. He has 8 years experience in finance, from financial planning and wealth management to corporate finance and FP&A. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. It is not intended to constitute investment advice or any other kind of professional advice and should not be relied upon as such. No settlement delays. Jeremy Hellman, CFAVice PresidentThe Equity Group Inc.(212) 836-9626, Tim Hannon,CPAChief Financial OfficerInformation Analysis Incorporatedthannon@infoa.com. 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 . Past performance is not indicative of future performance. %PDF-1.6 % Getting uplisted isnt a guarantee for success, but it can be a good sign that things are going well for a company. Overview of NYSE Quantitative Initial Listing Standards. ALPP is unprofitable and cash flow negative, and it has more than $1M of interest payments per quarter against less than $9M revenue in 3Q20. Is this happening to you frequently? The Company's shares will continue to. Type a symbol or company name. But, as noted above, there are several steps it must take before they can list. 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. Hertz Global Holdings recently uplisted from the OTC to the Nasdaq under the ticker HTZ.. The OTC markets have a lower trading volume than standard exchanges. Access your saved applications and notification forms. While we are very much a global company, the U.S. remains our most prominent source of audience and revenue. 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. 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. Copyright 2023 Public Holdings, Inc. All Rights Reserved. The synergies between the two companies are obvious. Put together, that means revenue is guided to $67M on the low side and maybe $110M on the high side. 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.
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