Vancouver, British Columbia, November 15, 2022 – NFT Technologies Inc. (NEO: NFT | Frankfurt: 8LO | OTCQB: NFTFF) ("NFT Tech"), a leading technology company partnering with top-tier brands to accelerate their entry into the world of web3 through innovative technologies and unparalleled creativity, is pleased to announce its successful upgrade from the OTC Pink to the OTCQB® Venture Market (the “OTCQB”), a United States trading platform that is operated by the OTC Markets Group Inc. in New York. The common shares of the Company will continue to trade on the NEO Exchange (the “NEO”) under the symbol “NFT” and on the Frankfurt Stock Exchange under the symbol “8LO”. The Company previously received Depository Trust Company (“DTC”) eligibility to support trading on the OTCQB on August 2, 2022. NFT will commence trading on the OTCQB as of the market open on Tuesday, November 15, 2022, under the symbol “NFTFF”.
“We are pleased to join over 900 other companies on the OTCQB. We’re pleased with the increased access this will grant to our investors and customers who are 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 providing public information for analysis and value of securities. As a verified market with efficient access for US investors, OTCQB helps companies to potentially build their visibility, expand their liquidity, and diversify their shareholder base on an established US public market. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process.
NFT Tech works to develop infrastructure, assets, real estate and IP in the metaverse, build and generate revenue from 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.
Wayne Lloyd, Executive Chairman
Phone: +1 (604) 800-5838
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