A recent blog post by David Feldman Esq., reveals how “Last month, the Nasdaq quietly submitted a proposal to the SEC regarding Regulation A+.” According to Feldman, the proposal is simple enough to quote: “Any Company listing on Nasdaq in connection with an offering under Regulation A of the Securities Act of 1933 must, at the time of approval of
Read more
Three OTC Markets Issuers Uplisted From The OTC To senior exchanges in April 2019. Learn more about the OTC ‘graduates’ below. Verb Technology Company, Inc. (NASDAQ: VERB) On April 5, 2019, VERB uplisted from the OTCQB to the Nasdaq. VERB Technology Company, Inc., formerly nFusz, Inc., is rapidly emerging as the market leader in interactive video data collection and analysis
Read more
John Lowy shared his Dos and Donts for smallcap reverse mergers in a recent issue of MicroCap Review Magazine. According to Lowy; “going public isn’t for the faint of heart. So, before a private company embarks upon this route, the following not all-inclusive list of Dos and Don’ts should be considered carefully.” Reverse Mergers Dos: Do retain experienced attorneys Do
Read more
Four OTC Markets Issuers Uplisted from the OTC the Nasdaq in April 2019. No issuers uplisted from the OTC to the NYSE or NYSE American in April. Learn more about the OTC ‘graduates’ below. Verb Technology Company, Inc. (Nasdaq: VERB) On April 5, 2019, VERB uplisted from the OTCQB to the Nasdaq Capital Market. VERB Technology Company, Inc., formerly
Read more
By: Joseph M. Lucosky, Managing Partner Lucosky Brookman LLP The month of April saw a total of three companies uplist from the OTC onto national securities exchanges. One of these companies operates in the solar technology industry, one operates in the biotechnology industry, while another is in the software application industry. Below is a brief description of these companies and
Read more
Uplisting from the OTC Markets to Nasdaq or the NYSE is a goal of many OTC listed issuers. In 2018, 58 companies uplisted from the OTC to a senior exchange. There are many requirements for uplisting but there are three main uplisting requirements; 1. minimum share price, 2. number of shareholders, and 3. stock-holders’ equity. The newest issue of MicroCap
Read more
The Securities and Exchange Commission announced that its Office of the Advocate for Small Business Capital Formation will host a roundtable on May 6 to hear from small businesses and their investors. The roundtable will celebrate the kickoff of National Small Business Week, which is May 5-11. The event will feature discussions between small businesses and venture capital investors on
Read more
Cross trading onto the OTC Market could provide NEX Exchange quoted companies a cost-efficient and compliant method of increasing visibility and liquidity by accessing US institutional and private investors. As a qualifying exchange NEX Exchange issuers leverage UK reporting standards and therefore would forego SEC reporting requirements for cross trading onto the OTC Market – this bypasses burdensome, costly and
Read more
Last week, the Securities and Exchange Commission announced the inaugural members of the Small Business Capital Formation Advisory Committee. The Committee will hold its first meeting on Monday, May 6, 2019, at the SEC’s headquarters in Washington, D.C. The Committee was established by the SEC Small Business Advocate Act of 2016, and is designed to provide a formal mechanism for
Read more
Last week, OTC Markets Group announced the first quarter 2019 performance and quarterly rebalancing of the OTCQX® and OTCQB® indexes, including the OTCQX Canada Index and the OTCQX Dividend Index. All the OTC Indexes ended Q1 higher. The OTCQB Venture Index (.OTCQB), which tracks the overall OTCQB Venture Market, was up 15.6% in the first quarter. The OTCQX Composite Index
Read more