Four Issuers Uplisted From The OTC to Senior Exchanges in November 2017
Four issuers uplisted from the OTC Markets to the NASDAQ, NYSE American, and NYSE in November. Learn more about these OTC ‘graduates’ below.
NanoVibronix, Inc. (NASDAQ: NAOV)
On November 2, 2017, NAOV uplisted from the OTCQB to the NASDAQ Capital Market. NanoVibronix, Inc. is a medical device company headquartered in Elmsford, NY with research and development in Nesher, Israel, that is focused on developing medical devices utilizing its proprietary and patented low intensity surface acoustic wave technology.
In connection with its uplist, NAOV closed a $6 million underwritten public offering of 1,224,488 shares of its common stock and warrants at a price of $4.90 per share of common stock. Dawson James Securities, Inc., served as the sole bookrunner for the offering.
Ameri Holdings, Inc. (NASDAQ: AMRH)
On November 17, 2017, AMRH uplisted from the OTCQB to the Nasdaq Capital Market. Ameri100 is a fast-growing specialized SAP® Cloud, Digital and Enterprise services company which provides SAP® services to customers worldwide.
In connection with its uplist, AMRH closed a $6 million underwritten public offering of 1,475,000 shares of its common stock, at a price of $4.115 per share, and warrants. Northland Securities, Inc. acted as the sole bookrunner for the offering and Barrington Research Associates, Inc. acted as co-manager for the offering.
Loop Industries, Inc. (NASDAQ: LOOP)
On November 20, 2017, LOOP uplisted form the OTCQX to the NASDAQ Global Market. Loop Industries is an environmentally responsible manufacturer of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG), the fundamental chemical components used in manufacturing polyethylene terephthalate (PET). PET plastic is most commonly found in beverage bottles, consumer packaging and polyester fiber.
Zomedica Pharmaceuticals Corp. (NYSE American: ZOM)
On November 21, 2017,ZOM uplisted form the OTC Pink to the NYSE American. Zomedica is a veterinary pharmaceutical and health care solutions company creating innovative products for companion animals (canine, feline and equine) by focusing on your needs as a clinical veterinarian.
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