VANCOUVER, British Columbia–(BUSINESS WIRE)–NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) (“NFT Tech”), a leading technology company that partners with top-tier brands to accelerate their entry into the web3 world through innovative technologies and unparalleled creativity, is pleased to announce its successful upgrade from OTC Pink to the OTCQB® Venture Market (“OTCQB”). a trading platform in the United States operated by OTC Markets Group Inc. in New York. The Company’s ordinary shares will continue to trade on the NEO exchange (“NEO”) under the symbol “NFT” and on the Frankfurt Stock Exchange under the symbol “8LO”. The Company previously received Depository Trust Company (“DTC”) authorization to support trading on the OTCQB on August 2, 2022. NFT will begin trading on the OTCQB beginning with market opening on Tuesday, November 15, 2022, under the symbol “NFTFF”.
“We are excited to join over 900 other companies on the OTCQB. We are excited about the increased access this will provide to our investors and customers eager to own a piece of NFT Tech,” said Wayne Lloyd, Executive Chairman of NFT Tech .
The OTCQB is recognized by the United States Securities and Exchange Commission (SEC) as an established public market that provides public information for the analysis and value of securities. As a verified market with efficient access for US investors, the OTCQB helps companies potentially build their visibility, expand their liquidity and diversify their shareholder base in an established US public market. To be eligible, companies must be up-to-date in their financial reporting, pass a minimum bid price test and undergo an annual company verification and management certification process.
About NFT Tech
NFT Tech works to develop infrastructure, assets, real estate and IP in the metaverse, build and monetize web3 games and assets, and bring insights and benefits to the public markets. By bridging the gap between traditional capital markets and the Web3 space, NFT Tech is mainstreaming decentralized ownership, NFTs and the metaverse.
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Warning regarding forward-looking information
This press release contains certain forward-looking statements within the meaning of applicable securities legislation with respect to the Company. These forward-looking statements are generally identified by words such as “believe”, “project”, “expect”, “anticipate”, “estimate”, “intend”, “strategy”, “future”, “opportunity”, “plan”. ,” “may,” “should,” “will,” “would” and similar expressions. Forward-looking statements in this press release include statements related to listing on the OTCQB market. Although the Company believes that the expectations and assumptions that such forward-looking statements and information are based on are reasonable, the forward-looking statements and information should not be relied upon because the Company can give no assurance that they will prove to be correct or that the listing will continue.Since forward-looking statements and information relate to future events and conditions, imply the inherent risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including, without limitation, the risk factors described in the prospectus. Readers are cautioned that the foregoing list of factors is not exhaustive .The forward-looking statements included in this press release none, are expressly qualified by this cautionary statement. The forward-looking statements and information contained in this press release are made as of the date hereof, and the Company undertakes no obligation to publicly update or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless required by applicable laws.
No securities supervisory authority has either approved or rejected the content of this press release. Neo Exchange has not reviewed or approved this press release for the adequacy or accuracy of its content.
This press release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The Securities have not been and will not be registered under the US Securities Act of 1933 (the “US Securities Act”) or any state securities laws and may not be offered or sold in the United States or to US persons (as defined in the Regulation). S under the US Securities Act) unless registered under the US Securities Act and applicable state securities laws or an exemption from such registration is available.
