Uplisting
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Protext Mobility, Inc. (OTC: TXTM) is thrilled to share a transformative update, advancing uplisting readiness with a preliminary Deloitte engagement
Globenewswire· 2026-01-20 17:30
FORT LAUDERDALE, Fla., Jan. 20, 2026 (GLOBE NEWSWIRE) -- Protext Mobility, Inc. (OTC: TXTM) (“Protext” “TXTM” or the “Company”) is thrilled to share a transformative update that underscores its strategic execution, operational excellence, ESG leadership, and forward momentum, reinforcing shareholder confidence and highlighting the bright path ahead. TXTM has entered a preliminary engagement with Deloitte, one of the world’s top five accounting and advisory firms, regarding an independent valuation of the Co ...
ConnectM Announces Proposed Reverse Stock Split to Support Planned Uplisting to a National Exchange
Globenewswire· 2025-12-22 15:59
Core Viewpoint - ConnectM Technology Solutions, Inc. is seeking stockholder approval for a reverse stock split in the range of 1-for-5 to 1-for-50 to align with its plans for uplisting to a U.S. national securities exchange, aiming to enhance corporate visibility and shareholder value [1][2]. Group 1: Reverse Stock Split Details - The proposed reverse stock split will be within a range of 1-for-5 to 1-for-50, with the exact ratio to be determined by the Board [1][2]. - The reverse split is intended to support the company's strategy and application for uplisting, which is expected to increase liquidity and awareness in the financial community [2][4]. - The previous stockholder approval for a narrower reverse split range of 1-for-5 to 1-for-8 was not implemented, and the Board is now seeking broader authority [2][3]. Group 2: Effects of the Reverse Split - If approved, the reverse split will not change the overall value of the stock; the market price per share will increase proportionately with the reduction in the number of shares [5]. - Each stockholder's number of shares will be reduced proportionately based on the final split ratio, with fractional shares rounded up to the nearest whole share [5]. - The reverse split will not alter the par value of the common stock or the rights of stockholders, and it will be subject to regulatory review [3][5]. Group 3: Strategic Intent - The uplisting process and reverse split are viewed as tools to align the capital markets profile with the scale of the business, making ConnectM accessible to a broader base of long-term, high-quality investors [4]. - The company is focused on strengthening its balance sheet, simplifying its capital structure, and building a differentiated energy and AI platform through its subsidiaries [2][4]. Group 4: Company Overview - ConnectM Technology Solutions, Inc. operates in the modern energy economy, providing AI-powered electrification, distributed energy, last-mile delivery, and industrial IoT solutions globally [7].
Eco-Growth Strategies, Inc. Engages FSR Capital to Strengthen Uplisting Readiness and Capital Markets Strategy
Globenewswire· 2025-11-21 13:42
Core Insights - Eco-Growth Strategies, Inc. (ECGS) has entered into a Consultancy Agreement with FSR Group Pte. Ltd. (FSR Capital) to enhance its capital-markets strategy and prepare for potential uplisting to The Nasdaq Stock Market [1][2] - The consultancy aims to provide strategic advisory services to support ECGS's growth initiatives and public-company development [2][3] - ECGS is focused on expanding its operational scale and increasing market visibility, with a clear goal of strengthening its public-company infrastructure [2][3] Company Overview - Eco-Growth Strategies, Inc. is a Hawaii-based bottled water company that produces high-quality purified and natural spring water sourced from the Hawaiian Islands [4] - The company is pursuing facility and infrastructure expansion initiatives in Hawaii and is currently listed on the OTC Markets under the ticker ECGS [4] Consultancy Agreement Details - The agreement with FSR Capital is effective immediately and aims to complement ECGS's ongoing operational and market-expansion initiatives [3] - FSR Capital will assist ECGS in enhancing its capital-markets framework and positioning the company for greater institutional visibility [3][5] Strategic Goals - ECGS is preparing for a significant phase of growth, operational scale-up, and increased market visibility [2] - The company is working towards meeting the requirements for a potential uplisting to a national securities exchange [3][7]
GROW Capital, Inc. (OTCID: GRWC) Announces Engagement of PCAOB Registered Independent Public Accounting Firm
Prnewswire· 2025-09-30 15:16
Core Insights - GROW Capital, Inc. has engaged Cherry Bekaert LLP for independent audits of its fiscal 2024 and 2023 financial results, marking a commitment to transparency and regulatory compliance [2][3] - The return to independent audits is seen as a pivotal step towards uplisting to a more senior tier of OTCMarkets and completing a review of a Form 211 under SEC Rule 15c2-11 [3][4] - The company aims to achieve OTCQB tier compliance and explore uplisting opportunities with NASDAQ, NYSE American Exchange, or the upcoming Texas Stock Exchange [4][5] Company Strategy - GROW Capital's strategic goals include scaling subsidiaries, expanding fintech capabilities, and pursuing new market opportunities [5][6] - The company operates through subsidiaries such as PERA LLC, PERA Administrators LLC, and Bombshell Technologies LLC, providing retirement plan administration and fintech solutions [6]
FDCTech Engages E.F. Hutton to Lead Capital Raise and Advise on Uplisting to a Senior Exchange
Globenewswire· 2025-05-28 12:30
Core Insights - E.F. Hutton has advised on over $750 million in private credit deals, showcasing its expertise in strategic financing and diversified investment solutions [1][2] - FDCTech has engaged E.F. Hutton as its financial advisor to assist in identifying financing opportunities and potential strategic transactions [1][3] Company Overview - FDCTech, Inc. specializes in acquiring and scaling small to mid-size legacy financial services companies, leveraging proprietary technology infrastructure [8] - The company has been experiencing rapid growth in revenue and balance sheet since December 2021, reflecting the success of its expansion strategy [3] Strategic Initiatives - The engagement with E.F. Hutton is a crucial step in FDCTech's plan to pursue an uplisting to a senior national securities exchange, such as Nasdaq or NYSE [3] - By leveraging E.F. Hutton's global network and industry relationships, FDCTech aims to accelerate its growth trajectory and maximize long-term shareholder value [4] Legal and Advisory Support - FDCTech has also engaged Lucosky Brookman LLP to assist in exploring the uplisting process, indicating a comprehensive approach to its capital market strategies [3][7] - E.F. Hutton's expertise in complex financial transactions will support FDCTech's growth and capital raise initiatives across various sectors [2]