Core Insights - SecureTech Innovations, Inc. has announced a significant reduction in its outstanding common shares as part of its 2025 Share Reduction Program [1][2] - The company has canceled an additional 4,000,000 shares, resulting in an 11.3% reduction in total shares, bringing the total to 31,370,414 shares [2] - SecureTech aims to reduce the total number of issued and outstanding shares to below 20 million by the end of 2025, with further reductions anticipated in the current fiscal quarter [3] Company Strategy - J. Scott Sitra, President and CEO, emphasized the success of the Share Reduction Program and the commitment to further reductions before the end of FY2025 [4] - The share reductions are part of a strategy to uplist to NASDAQ in early 2026, guided by Craft Capital Management [4] Company Overview - SecureTech Innovations is a leader in artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [1] - The company is also involved in blockchain and Web3 technologies through its Piranha Blockchain subsidiary, focusing on secure digital asset storage and online privacy [5] - SecureTech is known for its safety device, Top Kontrol, which is designed to prevent theft and carjacking [5]

Company Overview - SecureTech Innovations, Inc. is a pioneering technology company focused on advancing artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [6] - The company’s portfolio includes AI UltraProd, Piranha Blockchain, and Top Kontrol, which address various real-world challenges [6] Market Position - SecureTech's common stock has been approved for trading on the OTCQB® Venture Market, marking a significant upgrade from the previous OTCID market [1][2] - The OTCQB is recognized by the U.S. Securities and Exchange Commission (SEC) as an established public market, providing enhanced transparency, improved liquidity, and increased visibility for investors [2] Strategic Goals - The uplisting to the OTCQB is viewed as a major milestone and a validation of the company's commitment to transparency and shareholder value [3] - The company aims for a long-term goal of listing on a national exchange such as the NYSE or NASDAQ, which would enhance capital access and strategic partnerships [3]

Roseville, Minnesota, May 20, 2025 (GLOBE NEWSWIRE) -- SecureTech Innovations, Inc. (OTC: SCTH), an emerging leader in cybersecurity, Web3 solutions, and advanced security technologies, is pleased to share a comprehensive update on its strategic initiatives for 2025. Since joining the SecureTech team in January, President and CEO J. Scott Sitra has focused on advancing the key priorities outlined in SecureTech’s roadmap for innovation and growth. Each achieved strategic milestone increases underlying shareh ...