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MDWerks Announces Uplisting to OTCQB Venture Market

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MDWerks (OTC: MDWK) announced its uplisting from the OTC Pink Open Market to the OTCQB Venture Market, effective November 21, 2024. The company will continue trading under the ticker symbol 'MDWK'. The OTCQB Venture Market, operated by OTC Markets Group Inc., serves entrepreneurial and development stage companies, requiring current reporting status and annual verification processes. This move aims to enhance market visibility, improve transparency, increase share liquidity, and expand the potential investor base.

MDWerks (OTC: MDWK) ha annunciato il suo passaggio dal mercato OTC Pink Open al OTCQB Venture Market, a partire dal 21 novembre 2024. L'azienda continuerà a essere quotata con il simbolo 'MDWK'. L'OTCQB Venture Market, gestito da OTC Markets Group Inc., si rivolge a aziende imprenditoriali e in fase di sviluppo, richiedendo uno stato di reporting attuale e processi di verifica annuali. Questa mossa mira a migliorare la visibilità di mercato, aumentare la trasparenza, incrementare la liquidità delle azioni e ampliare la base potenziale di investitori.

MDWerks (OTC: MDWK) anunció su cambio del mercado OTC Pink Open al OTCQB Venture Market, efectivo a partir del 21 de noviembre de 2024. La compañía continuará negociando bajo el símbolo de ticker 'MDWK'. El OTCQB Venture Market, operado por OTC Markets Group Inc., atiende a empresas en etapas emprendedoras y de desarrollo, y requiere un estado de informes actual y procesos de verificación anuales. Este movimiento tiene como objetivo mejorar la visibilidad en el mercado, aumentar la transparencia, incrementar la liquidez de las acciones y ampliar la base potencial de inversores.

MDWerks (OTC: MDWK)는 OTC 핑크 오픈 마켓에서 OTCQB 벤처 마켓으로의 상장을 발표했으며, 이는 2024년 11월 21일부터 효력을 발생합니다. 이 회사는 'MDWK'라는 티커 심볼 하에 계속 거래될 것입니다. OTCQB 벤처 마켓은 OTC Markets Group Inc.가 운영하며, 기업가 정신을 가진 및 개발 단계의 회사에 서비스를 제공하며, 현재 보고 상태 및 연례 확인 과정을 요구합니다. 이 움직임은 시장 가시성을 높이고, 투명성을 개선하며, 주식의 유동성을 증가시키고, 잠재적인 투자자 기반을 확대하는 것을 목표로 합니다.

MDWerks (OTC: MDWK) a annoncé son passage du marché OTC Pink Open au OTCQB Venture Market, à compter du 21 novembre 2024. L'entreprise continuera de se négocier sous le symbole boursier 'MDWK'. Le marché OTCQB Venture, géré par OTC Markets Group Inc., s'adresse aux entreprises entrepreneuriales et aux entreprises en développement, nécessitant un statut de reporting actuel et des processus de vérification annuels. Ce changement vise à améliorer la visibilité sur le marché, à accroître la transparence, à augmenter la liquidité des actions et à élargir la base potentielle d'investisseurs.

MDWerks (OTC: MDWK) hat seine Umstellung vom OTC Pink Open Market auf den OTCQB Venture Market angekündigt, die am 21. November 2024 wirksam wird. Das Unternehmen wird weiterhin unter dem Tickersymbol 'MDWK' gehandelt. Der OTCQB Venture Market, der von OTC Markets Group Inc. betrieben wird, richtet sich an unternehmerische und Entwicklungsunternehmen und erfordert einen aktuellen Berichtsstatus sowie jährliche Überprüfungsprozesse. Dieser Schritt zielt darauf ab, die Marktvisibilität zu erhöhen, die Transparenz zu verbessern, die Liquidität der Aktien zu steigern und die potenzielle Anlegerbasis zu erweitern.

Positive
  • Uplisting to OTCQB Venture Market from Pink Open Market
  • Potential for increased market visibility and share liquidity
  • Enhanced transparency through stricter reporting requirements
Negative
  • None.

GREEN COVE SPRINGS, Fla., Nov. 21, 2024 (GLOBE NEWSWIRE) -- MDWerks, Inc. (“MDWerks” or the “Company”) (OTC: MDWK), a forward-thinking company leading the charge in the world of sustainable technology, today announced that the Company’s stock has been approved by OTC Markets Group Inc. for uplisting from the OTC Pink Open Market to the OTCQB Venture Market, effective today, November 21, 2024. The Company’s stock will continue to trade under the ticker symbol “MDWK”.

Steven Laker, CEO of MDWerks, commented, “Our uplisting to the OTCQB Venture Market is an exciting milestone for MDWerks and reflects our commitment to enhancing market visibility, improving transparency, increasing share liquidity, and building an expanded audience of potential investors.”

OTC Markets Group Inc. is an operator of regulated markets for trading more than 12,000 U.S. and international securities. The OTCQB Venture Market is for entrepreneurial and development stage U.S. and international companies. To be eligible, companies must be current in their reporting and undergo an annual verification and management certification process.

About MDWerks, Inc.
MDWerks, Inc. (“MDWerks”) (OTC: MDWK) is a forward-thinking company that is leading the charge in the world of sustainable technology. As a prominent provider of energy wave technologies, MDWerks is committed to developing innovative solutions that help businesses reduce their energy costs and drive business value. For more information, please visit https://mdwerksinc.com/.

MDWerks’ wholly owned subsidiary, Two Trees Beverage Company, is headquartered deep in the Appalachian Mountain country, creating fine spirits, aged sustainably. Two Trees’ fine spirits brands, including Two Trees® and Tim Smith Spirits®, have received multiple industry awards, including recent recognition at the 2022 Sip Awards, the 2022 Fifty Best Awards, and the 2023 Best of Asheville. For more information, please visit https://twotreesdistilling.com/.

MDWerks’ wholly owned subsidiary, RF Specialties, LLC (“RFS”) addresses companies’ most pressing challenges by implementing automated radio frequency technology systems in a sustainable way, reducing energy costs and increasing speed to market when compared to traditional methods. For more information, please visit https://www.rfspecialtiesus.com/.

Cautionary Note Regarding Forward-Looking Statements
This release contains “forward-looking statements”. Forward-looking statements also may be included in other publicly available documents issued by MDWK and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “would,” “could,” “will” and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause MDWK’s actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for MDWK’s products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K, which are available on the Securities and Exchange Commission’s website at sec.gov. We assume no obligation to update any forward-looking statements contained in this press release.

Company Contact:
MDWerks, Inc.
Steven Laker
T: (252) 501-0019
stevel@mdwerksinc.com

Investor Contact:
The Equity Group
Kalle Ahl, CFA
T: (303) 953-9878
kahl@equityny.com


FAQ

When did MDWerks (MDWK) uplist to the OTCQB Venture Market?

MDWerks (MDWK) uplisted to the OTCQB Venture Market on November 21, 2024.

What are the requirements for MDWerks (MDWK) to maintain OTCQB listing?

To maintain OTCQB listing, MDWerks must stay current in their reporting and undergo annual verification and management certification processes.

Will MDWerks (MDWK) change its ticker symbol after uplisting to OTCQB?

No, MDWerks will continue trading under the ticker symbol 'MDWK' on the OTCQB Venture Market.

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