Core Viewpoint - Nuclear Diamond Batteries, Inc. is advancing its plans to list its common stock on the NASDAQ Stock Market, with the ticker symbol NDBI reserved by Nasdaq [1][2]. Group 1: Uplisting Process - The reservation of the NDBI symbol indicates Nasdaq's preliminary administrative designation related to the company's anticipated uplisting process [2]. - The company is preparing necessary documentation and filings to support its planned Nasdaq uplisting, which is subject to Nasdaq listing standards and regulatory review [3]. - There is no assurance that the uplisting will be completed or that approvals from Nasdaq or FINRA will be obtained [3]. Group 2: Company Strategy and Technology - The company views the reservation of the NDBI symbol as a constructive step towards a potential Nasdaq listing, focusing on completing regulatory, financial, and operational requirements [4]. - Nuclear Diamond Batteries, Inc. is developing proprietary technologies in nuclear diamond batteries (NDBs), which convert natural radioisotope emissions into electricity [5]. - The patented NDB technology aims to provide continuous, maintenance-free power for decades, targeting high-value markets such as aerospace, defense, medical devices, and deep-space exploration [5]. Group 3: Future Plans - The company plans to recycle nuclear waste to extract isotopes for nuclear batteries, positioning itself to meet the rising global demand for sustainable power sources [5]. - The company is committed to refining its technologies and expanding its intellectual property portfolio to support its long-term growth strategy [5].
Nuclear Diamond Batteries, Inc. Announces Nasdaq Reservation of Ticker Symbol “NDBI” in Connection with Planned Nasdaq Uplisting
Globenewswire·2026-01-20 11:18