Mobilum Technologies Inc, a technology-driven company making digital assets and cryptocurrencies accessible through traditional finance and payment infrastructure, and the first solution provider of Fiat-to-Dex Tokens rails, is pleased to announce that it has been approved to uplist to the OTCQB and will commence trading on November 23, 2022 under the symbol “MBLMF.” The Company will continue to trade on the Canadian Securities Exchange under the symbol “MLBM.”
The OTCQB is the premier marketplace for early-stage and development stage US and international companies committed to providing a high-quality trading and information experience for their US investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo a company verification and management certification process every six months. The OTCQB quality standards provide a strong baseline of transparency, as well as the technology and regulation to improve the information and trading experience for investors. More than 10,000 companies trade on OTC (over-the-counter) markets in the United States.
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Trading on this US marketplace provides Mobilum Technologies’ current and future US-based investors with greater access to data, home country disclosure, ease of trading, and transparency.
“We are pleased to announce that we have met all requirements and are now listed on the OTCQB Venture Market,” said Mobilum Technologies CEO Steven LaBella. “Listing on the OTCQB is another important milestone for Mobilum and we are confident the uplisting will bring additional value to our shareholders.”
SOURCE: PR Newswire