Arvana Updates Application Information For OTCQB Venture Market
Arvana Inc. (OTC PINK:AVNI) provided an update regarding its application for OTCQB quotation initially announced on May 21, 2024. The company is now evaluating its options following OTC Markets' announcement of the new OTCID market launching in July 2025.
The OTCID platform, designed for companies meeting specific standards and providing management certification, comes with an annual cost of $11,000 for the first year and $7,500 thereafter - approximately half the cost of OTCQB listing. Arvana confirms it meets all eligibility requirements for the OTCID market.
The company will assess both OTCID and OTCQB options, considering their respective costs, standards, and market benefits. Either upgrade would demonstrate Arvana's commitment to U.S. securities laws compliance and could help reduce trading restrictions faced on the Pink Market.
Arvana Inc. (OTC PINK:AVNI) ha fornito un aggiornamento riguardo alla sua richiesta di quotazione OTCQB inizialmente annunciata il 21 maggio 2024. L'azienda sta ora valutando le proprie opzioni in seguito all'annuncio di OTC Markets del nuovo mercato OTCID che sarà lanciato a luglio 2025.
La piattaforma OTCID, progettata per le aziende che soddisfano specifici standard e forniscono certificazione di gestione, comporta un costo annuale di $11,000 per il primo anno e $7,500 successivamente, circa la metà del costo per la quotazione OTCQB. Arvana conferma di soddisfare tutti i requisiti di idoneità per il mercato OTCID.
L'azienda valuterà sia le opzioni OTCID che OTCQB, considerando i rispettivi costi, standard e benefici di mercato. Qualsiasi aggiornamento dimostrerebbe l'impegno di Arvana a rispettare le leggi sui valori mobiliari degli Stati Uniti e potrebbe contribuire a ridurre le restrizioni commerciali affrontate nel Pink Market.
Arvana Inc. (OTC PINK:AVNI) proporcionó una actualización sobre su solicitud de cotización en OTCQB, anunciada inicialmente el 21 de mayo de 2024. La empresa ahora está evaluando sus opciones tras el anuncio de OTC Markets sobre el nuevo mercado OTCID que se lanzará en julio de 2025.
La plataforma OTCID, diseñada para empresas que cumplen con estándares específicos y proporcionan certificación de gestión, tiene un costo anual de $11,000 para el primer año y $7,500 a partir de entonces, aproximadamente la mitad del costo de la cotización en OTCQB. Arvana confirma que cumple con todos los requisitos de elegibilidad para el mercado OTCID.
La empresa evaluará tanto las opciones OTCID como OTCQB, considerando sus respectivos costos, estándares y beneficios de mercado. Cualquiera de las mejoras demostraría el compromiso de Arvana con el cumplimiento de las leyes de valores de EE. UU. y podría ayudar a reducir las restricciones comerciales que enfrenta en el Pink Market.
Arvana Inc. (OTC PINK:AVNI)는 2024년 5월 21일에 처음 발표된 OTCQB 인용 신청에 대한 업데이트를 제공했습니다. 회사는 2025년 7월에 시작되는 새로운 OTCID 시장 발표 이후 옵션을 평가하고 있습니다.
OTCID 플랫폼은 특정 기준을 충족하고 관리 인증을 제공하는 기업을 위해 설계되었으며, 첫 해에는 연간 $11,000의 비용이 발생하고 이후에는 $7,500이 소요됩니다. 이는 OTCQB 상장 비용의 약 절반에 해당합니다. Arvana는 OTCID 시장에 대한 모든 자격 요건을 충족한다고 확인했습니다.
회사는 각각의 비용, 기준 및 시장 이점을 고려하여 OTCID와 OTCQB 옵션을 평가할 것입니다. 어떤 업그레이드든 Arvana가 미국 증권법 준수에 대한 헌신을 보여줄 것이며, Pink Market에서 직면한 거래 제한을 줄이는 데 도움이 될 수 있습니다.
Arvana Inc. (OTC PINK:AVNI) a fourni une mise à jour concernant sa demande de cotation OTCQB initialement annoncée le 21 mai 2024. L'entreprise évalue désormais ses options suite à l'annonce d'OTC Markets concernant le nouveau marché OTCID qui sera lancé en juillet 2025.
La plateforme OTCID, conçue pour les entreprises répondant à des normes spécifiques et fournissant une certification de gestion, entraîne un coût annuel de $11,000 pour la première année et de $7,500 par la suite, soit environ la moitié du coût de la cotation OTCQB. Arvana confirme qu'elle répond à toutes les exigences d'éligibilité pour le marché OTCID.
L'entreprise évaluera les options OTCID et OTCQB, en tenant compte de leurs coûts, normes et avantages sur le marché respectifs. Toute mise à niveau démontrerait l'engagement d'Arvana en faveur de la conformité aux lois américaines sur les valeurs mobilières et pourrait aider à réduire les restrictions commerciales rencontrées sur le Pink Market.
Arvana Inc. (OTC PINK:AVNI) hat ein Update zu ihrem Antrag auf OTCQB-Notierung gegeben, der ursprünglich am 21. Mai 2024 angekündigt wurde. Das Unternehmen bewertet nun seine Optionen nach der Ankündigung von OTC Markets über den neuen OTCID-Markt, der im Juli 2025 starten wird.
Die OTCID-Plattform, die für Unternehmen konzipiert ist, die bestimmte Standards erfüllen und eine Managementzertifizierung bereitstellen, hat im ersten Jahr Kosten von $11,000 und danach $7,500 – etwa die Hälfte der Kosten für eine OTCQB-Notierung. Arvana bestätigt, dass es alle Zulassungsvoraussetzungen für den OTCID-Markt erfüllt.
Das Unternehmen wird sowohl die OTCID- als auch die OTCQB-Optionen prüfen und dabei die jeweiligen Kosten, Standards und Marktvorteile berücksichtigen. Jede Aufwertung würde das Engagement von Arvana für die Einhaltung der US-Wertpapiergesetze demonstrieren und könnte helfen, die Handelsbeschränkungen im Pink Market zu verringern.
- Company meets all eligibility requirements for OTCID market
- OTCID listing costs 50% less than OTCQB
- Potential reduction in trading restrictions
- Additional annual costs of $11,000 first year, $7,500 thereafter
- Uncertainty in final market choice between OTCQB and OTCID
LAS VEGAS, NEVADA / ACCESS Newswire / February 28, 2025 / Arvana Inc. (OTC PINK:AVNI) updates the application for quotation on the OTCQB, which was announced May 21, 2024.
OTC Markets recently announced that PINK Current Listings that qualify can become OTCID in July, 2025. The ID market is for companies that meet certain standards and provide management certification. The ID market enhances transparency and compliance to strengthen the standards of the market. Arvana meets all requirements for the new market eligibility standards of the OTCID market.
The cost of the OTCID platform is
Arvana will consider the costs, standards and market of the OTCID platform and will decide whether to continue pursuing a move to the QB Board from the Pink Market.
Upgrading to the OTCID or OTCQB markets demonstrates a commitment by Arvana to adhere to U.S. State and Federal securities laws. Providing investors with current information helps reduce trading restrictions that may be faced on the Pink Market. OTCQB and OTCID Venture Markets are for entrepreneurial and development stage US and international companies.
About 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.
Arvana Contact
James Kim, Chief Executive Officer
Phone: +1 702-899-1072
Email: james@arvana.us
Website: https://arvana.us
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, regulator 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.
SOURCE: Arvana, Inc.
View the original press release on ACCESS Newswire
FAQ
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