Aspen Group, Inc. Announces Up-listing to OTCQB Market
Rhea-AI Summary
Aspen Group (ASPU), an education technology holding company, has successfully up-listed to the OTCQB® Venture Market effective January 22, 2025. The company will maintain its ticker symbol 'ASPU'. The transition from Expert Market to OTCQB was achieved after filing financial results for Q4 FY2024, Q1 FY2025, and Q2 FY2025, along with meeting other OTC Markets QB listing requirements.
The OTCQB, operated by OTC Markets Group and recognized by the SEC, provides a regulated public market platform. This move is expected to help Aspen Group expand its global shareholder base by providing investors with necessary data for securities analysis, valuation, and trading.
Positive
- Successful up-listing to OTCQB from Expert Market, providing better market visibility
- Company has become current with financial filings
- Enhanced ability to attract global investors through regulated market platform
Negative
- Company remains on OTC markets rather than major exchanges
News Market Reaction
On the day this news was published, ASPU declined NaN%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTC Market: ASPU), an education technology holding company, today announced its successful up-listing to the OTCQB® Venture Market (the "OTCQB") effective for trading January 22, 2025. Aspen Group will continue to trade under the ticker symbol "ASPU."
The transition from Expert Market to the OTCQB was due to the filing of its fourth quarter fiscal year 2024, first quarter fiscal year 2025 and second quarter fiscal year 2025 financial results and meeting other OTC Markets QB listing qualifications. Aspen Group’s financial results and other filings are available under the disclosure tab on the Company’s OTC Market quote page.
The OTCQB is operated by the OTC Markets Group and recognized by the Securities and Exchange Commission (SEC) as an established public market that provides investors with the data they need to analyze, value, and trade securities. Aspen Group's membership in the OTC Markets Group will assist in diversifying its shareholder base worldwide.
About Aspen Group, Inc.
Aspen Group, Inc. is an education technology holding company that leverages its infrastructure and expertise to allow its two universities, Aspen University and United States University, to deliver on the vision of making college affordable again. For more information, visit www.aspu.com.
Contact Information:
Hayden IR
Kimberly Rogers
(385) 831-7337
Kim@HaydenIR.com
FAQ
When did Aspen Group (ASPU) up-list to the OTCQB Market?
What requirements did ASPU meet for OTCQB up-listing?
Will ASPU's stock symbol change after the OTCQB up-listing?
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