Nexscient Stock Quoted on OTCQB
Nexscient (OTCQB:NXNT), a developer of predictive analytics and intelligent enterprise applications, announced its common stock has been approved for trading on the OTCQB Venture Marketplace. The company has also received DTC eligibility, enabling electronic clearing and settlement of its securities. The OTCQB listing requires companies to meet specific standards including current financial reporting, minimum bid price, and annual verification processes. This move aims to enhance shareholder transparency and liquidity while potentially broadening the company's investor base.
Nexscient (OTCQB:NXNT), un sviluppatore di analisi predittive e applicazioni aziendali intelligenti, ha annunciato che le sue azioni ordinarie sono state approvate per la negoziazione sul Mercato OTCQB Venture. L'azienda ha anche ricevuto la idoneità DTC, che consente la liquidazione e la compensazione elettronica dei suoi titoli. La quotazione OTCQB richiede alle aziende di rispettare standard specifici tra cui la reportistica finanziaria attuale, il prezzo minimo per offerta e processi di verifica annuali. Questa mossa mira a migliorare la trasparenza e la liquidità per gli azionisti, ampliando potenzialmente la base di investitori dell'azienda.
Nexscient (OTCQB:NXNT), un desarrollador de análisis predictivo y aplicaciones empresariales inteligentes, anunció que sus acciones ordinarias han sido aprobadas para negociar en el Mercado OTCQB Venture. La empresa también ha recibido la elegibilidad DTC, lo que permite la liquidación y compensación electrónica de sus valores. La cotización en OTCQB requiere que las empresas cumplan con estándares específicos, incluidos informes financieros actuales, precio de oferta mínimo y procesos de verificación anual. Este movimiento tiene como objetivo mejorar la transparencia y la liquidez para los accionistas, al mismo tiempo que potencialmente amplía la base de inversores de la empresa.
Nexscient (OTCQB:NXNT)는 예측 분석 및 지능형 기업 응용 프로그램 개발업체로, 자사의 보통주가 OTCQB 벤처 마켓플레이스에서 거래 승인을 받았다고 발표했습니다. 이 회사는 또한 전자적 정산 및 증권 결제를 가능하게 하는 DTC 적격성을 확보했습니다. OTCQB 상장은 기업이 현재 재무 보고, 최소 입찰가 및 연간 검증 프로세스를 포함한 특정 기준을 충족할 것을 요구합니다. 이러한 조치는 주주 투명성과 유동성을 향상시키고, 회사의 투자자 기반을 확대할 잠재적인 기회를 제공합니다.
Nexscient (OTCQB:NXNT), un développeur d'analyses prédictives et d'applications d'entreprise intelligentes, a annoncé que ses actions ordinaires ont été approuvées pour le négoce sur le Marché OTCQB Venture. L'entreprise a également obtenu la sélection DTC, permettant le règlement électronique et le dénouement de ses titres. La cotation OTCQB exige que les entreprises respectent des normes spécifiques, notamment un reporting financier actuel, un prix d'enchère minimum et des processus de vérification annuels. Cette initiative vise à renforcer la transparence et la liquidité pour les actionnaires, tout en élargissant potentiellement la base d'investisseurs de l'entreprise.
Nexscient (OTCQB:NXNT), ein Entwickler von prädiktiven Analysen und intelligenten Unternehmensanwendungen, hat bekannt gegeben, dass seine Stammaktien für den Handel auf dem OTCQB Venture Marketplace genehmigt wurden. Das Unternehmen hat auch die DTC-Berechtigung erhalten, die die elektronische Abwicklung und Clearing seiner Wertpapiere ermöglicht. Die OTCQB-Listung verlangt von Unternehmen, spezifische Standards zu erfüllen, darunter der aktuelle Finanzbericht, ein Mindestgebotspreis und jährliche Verifizierungsprozesse. Dieser Schritt zielt darauf ab, die Transparenz und Liquidität für die Aktionäre zu verbessern und gleichzeitig potenziell die Investorenbasis des Unternehmens zu erweitern.
- Uplisting to OTCQB marketplace, providing enhanced visibility and credibility
- Obtained DTC eligibility, improving trading efficiency and accessibility
- Potential for increased investor access and liquidity
- None.
LOS ANGELES, CA / ACCESSWIRE / October 23, 2024 / Nexscient, Inc. (OTCQB:NXNT), an emerging developer of predictive analytics and intelligent enterprise applications, announced today that its shares of common stock have been approved for quotation and trading on the OTCQB Venture Marketplace (OTCQB) under the symbol ‘NXNT', effective immediately. Price quote and disclosure information can be found at:
https://www.otcmarkets.com/stock/NXNT
OTCQB is the premier marketplace for entrepreneurial and development-stage U.S. and international companies that are committed to providing a high-quality trading and information experience for their investors. To be eligible, companies must be current in their financial reporting, pass a minimum bid price test, and undergo an annual company verification and management certification process. The OTCQB quality standards provide a strong baseline of transparency, technology, and regulation to improve the information and trading experience for investors.
Fred E. Tannous, President & CEO of Nexscient, stated "We're excited to have Nexscient's stock quoted on OTCQB, which will provide our shareholders with transparency and liquidity as we continue to grow our company." Tannous continued, "Furthermore, this milestone represents a pivotal moment in our journey and opens up new avenues for growth and visibility in the financial markets. Trading on the OTCQB will not only enhance our profile among current shareholders, but also provides the necessary platform to create greater awareness and attract potential investors to Nexscient as we endeavor to build a broader base of support."
The Company has also been approved and is now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC"). DTC is a subsidiary of the Depository Trust & Clearing Corporation and manages the electronic clearing and settlement of publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered "DTC eligible." This electronic method of clearing securities speeds up the receipt of stock and cash, and thus accelerates the settlement process for investors.
About Nexscient, Inc.
Nexscient® is an emerging-growth company that's building a collaborative network of intelligent enterprise applications and technologies through internal development, synergistic acquisitions, and capital investments in companies involved in machine learning (ML), artificial intelligence (AI), and the Industrial Internet of Things (IIOT) technologies. Our flagship product, AegisOne, introduces a subscription-based, Software-as-a-Service (SaaS) platform that incorporates AI, IIOT, and cloud computing technologies to offer Intelligent Enterprise Solutions for businesses across several industries. As part of our aggressive growth strategy, we also seek to acquire and integrate synergistic companies and technologies into our collaborative network, further expanding our service offerings while enhancing shareholder value. For more information, please visit https://nexscient.ai and https://aegisone.ai.
About OTC Markets Group, Inc.
OTC Markets Group, Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,800+ U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, they connect a diverse network of broker-dealers that provide liquidity and execution services. OTC Markets Group enables investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. To learn more about how they create better informed and more efficient markets visit www.otcmarkets.com.
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, but not limited to, the Company's ability to evaluate future opportunities for licensing agreements, gain market share, grow our revenues and expand into new verticals, as discussed in this press release. In some cases, you can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other comparable terminology. Those statements are based on information we have when those statements are made or our management's current expectation and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. Factors that may affect our results, performance, circumstances or achievements include, but are not limited to the following: (i) market acceptance of our existing and new products, including those that utilize our technology or offer predictive maintenance and condition-based monitoring applications, (ii) lengthy product delays in key markets, (iii) an inability to secure regulatory approvals for the sale of our products, (iv) intense competition in the industrial and related industries from much larger, multinational companies, (v) product liability claims, product malfunctions and the functionality of our solutions under all environmental conditions, (vi) our limited manufacturing capabilities and reliance on third-parties for assistance, (vii) an inability to establish sales, marketing and distribution capabilities to commercialize our products, (viii) an inability to attract and retain qualified personnel, (ix) our efforts obtain and maintain intellectual property protection covering our products, which may not be successful, (x) our reliance on single suppliers for certain product components, including vibration and temperature sensor technology products, (xi) the fact that we will need to raise additional capital to meet our business requirements in the future and that such capital raising may be costly, dilutive or difficult to obtain, and (xii) the impact of pandemics, such as COVID-19 (coronavirus). These and other important factors discussed in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission ("SEC") on October 1, 2024, and our other reports filed with the SEC could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.
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COMPANY CONTACT:
Investor Relations
ir@nexscient.com
(800) 785-6070
SOURCE: Nexscient, Inc.
View the original press release on accesswire.com
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