So, it is important to use technical analysis tools when finding penny stocks to invest in. Product lines include Boomer Botanics, Golf Botanics, Pet Botanics, Tommy Bahama+Boomer Naturals, SKIN Sunscreen, and medical-grade skin care products. 2023 InvestorPlace Media, LLC. [email protected], Investor: Uplisting is the practice of elevating a company from having its stock quoted on an alternative trading platform like the Over-the-Counter (OTC) exchange to a major stock exchange like Nasdaq. With all this talk about OTC stocks to buy, you may just want to consider procuring shares of the entire house. Reaching your second IPO and entering the NASDAQ will require your company to meet certain listing standards. 2. . With more folks getting their jobs back, that allows for additional spending on discretionary or premium items. These companies are often looking to expand, and increase market share. If nothing else, it has a straightforward, easy-to-understand business. On December 16th, 2020, the Company provided first quarter 2021 results and full year guidance. It appreciated from 8 cents to end 2021 at 53 cents. The regular bid price of shares of the company's stock at the time of listing must be at least $4.00. Once you decide to uplist, it is suggested that you make a strategic plan with month-by-month deliverables and timing expectations. 10. These OTC stocks baffle as well as impress, but all appreciated through 2021. Companies switch their stock exchange listing to Nasdaq to: Improve their shareholder engagement through our investor relations solutions. TINY PENNY STOCK WILL MAKE MILLIONAIRES! 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. When Desiring More Liquidity: When trading volume has increased significantly, an up-listing could provide more liquidity in the stock which can help improve its price. However, the requirements include: The board of directors is not easy to fill. This operator will need to decide for itself whether a particular project will be profitable. being the quarterback- keeping the process and the players accountable), Serving as an intermediary and advocate with the new listings desk at NASDAQ and NYSE, Introducing the company to licensed investment bankers and, at times, bridge investors who regularly fund Uplist transactions, Evaluating and structuring the Uplist transaction (ensuring the integrity of the process and advice given by each of the various stakeholders involved), Developing and designing workable corporate governance policies that balance admission to a senior exchange with the flexibility needed to operate in a post-Uplisting, growth-oriented environment, Assisting with Board of Director reviews and/or introductions and committee assignments and processes, Drafting all legal documents which are necessary in connection with the Company's Uplisting, Drafting and filing a Form S-1 Registration Statement (generally considered to be the foundational document of the Uplist process), Conducting necessary and specific due diligence relating to the Capital Raise and the Registration Statement which will be strategically used to lead the Company through the NASDAQ/NYSE vetting and approval process, Leading the Companys communications and responses to the SEC with respect to the Registration Statement, Preparing and filing of the Company's application for listing of its securities onto the senior exchange, but more importantly, serving as the lead spokesperson and advocate for the Company with the NASDAQ/NYSE during the approval process, Introductions to, and meetings with, senior exchange personnel and others, as necessary, Ongoing SEC and NASDAQ/NYSE compliance post-Uplisting, Ongoing Section 13 and Section 16 compliance, Coordination with NASDAQ/NYSE Compliance Desks.