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Arvana Applies for Quotation on The OTCQB Venture Market

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Rhea-AI Summary

Arvana has filed for quotation on the OTCQB Venture Market, aiming to enhance stockholder value and increase visibility. The transition from OTC Pink Sheets to OTCQB reflects Arvana's commitment to high financial and corporate governance standards. CEO Ruairidh Campbell believes the move will grant access to institutional investors, improve stock liquidity, and support corporate growth. The OTCQB is known for its transparency, reporting standards, and compliance oversight, which Arvana hopes will attract a broader investor base. The company will keep stockholders informed throughout the application process.

Positive
  • Arvana's application for OTCQB Venture Market aims to enhance stockholder value.
  • The transition to OTCQB is expected to increase visibility in the investment community.
  • Commitment to high financial and corporate governance standards.
  • Potential access to institutional investors.
  • Improved stock liquidity anticipated.
  • Platform may support corporate growth.
  • OTCQB Venture Market known for transparency and compliance oversight.
Negative
  • Pending application process introduces uncertainty regarding acceptance.
  • Current reliance on OTC Pink Sheets, which may impact investor confidence until transition is complete.

SALT LAKE CITY, UT / ACCESSWIRE / May 21, 2024 / Arvana Inc. (OTC PINK:AVNI) is pleased to announce that it has filed its application for quotation on the OTCQB Venture Market. The move is intended to enhance stockholder value and increase the visibility of Arvana within the investment community.

The decision to move Arvana's quotation from the OTC Pink Sheets to the OTCQB Venture Market comes after an evaluation of our growth strategy, in line with our ongoing commitment to maintain the high financial standards, corporate governance standards, and compliance requirements set by the OTCQB Venture Market. Arvana is dedicated to the application of these principles in its business and believes that trading on the OTCQB Venture Market will better reflect that commitment.

"Our team has been working diligently to ensure that Arvana meets or exceeds the stringent requirements for moving Arvana's quotation to the OTCQB," said Ruairidh Campbell, Arvana's Chief Executive Officer." We are confident that this transition will open new doors for our company, including increased access to institutional investors, enhanced liquidity for our stockholders, and provide a stronger platform from which to enable corporate growth."

The OTCQB Venture Market is recognized for providing a strong foundation of transparency, reporting standards, and compliance oversight. Quotation on the OTCQB offers entrepreneurial and development stage companies the opportunity to increase visibility and credibility within the investment community, which in turn can help attract a broader base of investors to our business.

Arvana is excited about the prospective benefits of quotation on the OTCQB Venture Market and looks forward to keeping its stockholders informed of its progress throughout the application process.

For additional information concerning Arvana's journey, please refer to its filings with the Securities and Exchange Commission or contact us directly.

Arvana Inc.

Arvana ("OTC: AVNI") is a public company registered under the Securities & Exchange Act of 1934, as amended, that is quoted on the OTC Pink Sheets Current Information Alternative Reporting platform.

Forward-Looking Statements

Several statements contained in this press release are forward-looking statements of future expectations based on currently available information that are subject to risks and uncertainties including general economic conditions, changes in capital markets, regulatory legislation, and other circumstances that may cause actual results to be materially different from those expectations. Arvana does not make any representation or warranty, express or implied, as to the accuracy, completeness, or status of such statements so it will not be liable for any decision made or action taken in conjunction with the information and/or statements contained in this press release. Arvana encourages the public to read the information provided in conjunction with its recent filings on Form 8-K, Form 10-Q and Form 10-K, which may be viewed at www.sec.gov.

Contact

Ruairidh Campbell, Chief Executive Officer
Phone: +1 801-232-7395
Email: ruairidh@arvana.us
Website: https://arvana.us

SOURCE: Arvana, Inc.



View the original press release on accesswire.com

FAQ

What market has Arvana applied for quotation on?

Arvana has applied for quotation on the OTCQB Venture Market.

When did Arvana announce its application for the OTCQB Venture Market?

Arvana announced its application on May 21, 2024.

What is the stock symbol for Arvana?

The stock symbol for Arvana is AVNI.

Why is Arvana moving from OTC Pink Sheets to OTCQB?

Arvana aims to enhance stockholder value, increase visibility, and gain access to institutional investors by moving to the OTCQB.

What benefits does the OTCQB Venture Market offer?

The OTCQB Venture Market offers transparency, reporting standards, and compliance oversight.

What does Arvana hope to achieve by trading on the OTCQB?

Arvana hopes to achieve enhanced liquidity for stockholders and a stronger platform for corporate growth.

Who is the CEO of Arvana?

The CEO of Arvana is Ruairidh Campbell.

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