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Quality Industrial Corp. Engages Exchange Listing LLC as Capital Market Advisor for NYSE American Listing

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Rhea-AI Sentiment
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Quality Industrial Corp. (OTC:QIND), a mergers and acquisitions company focusing on the Industrial and Oil and Gas sectors, has entered into an advisory agreement with Exchange Listing, LLC to facilitate its listing on the NYSE American. The collaboration aims to expedite the listing process, with an application expected to be submitted soon, targeting completion within summer 2023. CEO John-Paul Backwell highlighted the rapid progress made with Exchange Listing, which will manage the NYSE application process and assist with SEC filings. The advisory firm's experienced team, led by CEO Peter Goldstein, boasts a strong track record in public offerings and uplistings. This partnership is anticipated to enhance capital access, governance, and liquidity for QIND, ultimately benefiting shareholders.

Positive
  • Engaged Exchange Listing, LLC to assist with NYSE American listing.
  • Targeting to submit NYSE application soon and complete listing by summer 2023.
  • Exchange Listing's experience may enhance credibility and operational efficiency in the listing process.
  • Potential for improved capital access and increased shareholder value through NYSE listing.
Negative
  • None.

SAN FRANCISCO, CA / ACCESSWIRE / April 19, 2023 / Quality Industrial Corp. (OTC:QIND), is a mergers and acquisitions company focused primarily on the Industrial and Oil and Gas sectors. The Company has recently signed an advisory agreement with Exchange Listing, LLC to assist with its listing on the New York Stock Exchange American (NYSE).

Exchange Listing, LLC (Exchange Listing) is led by their Founder and CEO, Peter Goldstein, who has successfully steered and completed numerous initial public offerings (IPO) and uplistings. With over 30 years of diverse capital market and client advisory experience and an esteemed Wall Street reputation, Mr. Goldstein has advised an extensive list of companies through listing on senior global stock exchanges. Mr. Goldstein is supported by Exchange Listing's team of seasoned executives. Exchange Listing has a track record that speaks for itself in the planning and implementation of listing on senior stock exchanges.

"We are excited to have appointed the experienced and proactive Exchange Listing team to assist with our NYSE preparation and application. We have already been working closely with their project management, execution, and advisory team members, and I am pleased to say that our progress has rapidly accelerated with their involvement. We aim to submit our application in the soonest possible timeframe and plan to complete our NYSE American listing during the summer of 2023, given that extensive progress towards the listing has already been made over the last few months." Said QIND's CEO, John-Paul Backwell.

Exchange Listing will provide an array of capital markets services to QIND leading up to, during and after its listing. The scope of services includes, but is not limited to, managing the NYSE application process, assisting the company with its SEC filings for the NYSE listing, introducing QIND to the best in class and well-matched service providers, Investment Banks within the Capital Market Ecosystem. Exchange Listing will also assist the Company with all aspects of the strategy, development, and execution of its capital market roadmap.

Peter Goldstein, CEO of Exchange Listing, added: "Exchange Listing is truly excited to be partnering with QIND to fast track its growth through one of the world's premier stock exchanges for enhanced capital access, institutionalized governance, enhanced liquidity, and increased shareholder value. QIND has an outstanding management team and is well positioned to capitalize on market expansion in the Industrial, Oil & Gas and Utility Sectors to support the world's growing need for high-quality, sustainable energy solutions.".

"There are many promising developments taking place in all of the ILUS subsidiaries and we are excited that QIND is accelerating its progress towards it's NYSE American. The combination of filing strong 2022 annual results and the involvement of Exchange Listing in QIND's senior exchange listing preparation and application is already proving extremely impactful on our progress as a group. We remain hard at work behind the scenes and look forward to delivering our first subsidiary Senior Exchange listing as well as increased value for QIND and ILUS Shareholders." Said QIND's Chairman, Nicolas Link.

This Press Release does not constitute an offer of any securities for sale.

FORWARD-LOOKING STATEMENTS

This press release contains statements of a forward-looking nature about the Company. You can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements primarily on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on the Company's information on the date hereof. These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law. This press release does not constitute or form part of any offer or invitation to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities, nor any solicitation of any offer to purchase, otherwise acquire, issue, subscribe for, sell, or otherwise dispose of any securities of the Company. The release, publication, or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this announcement is released, published, or distributed should inform themselves about and observe such restrictions.

CONTACT

Quality Industrial Corp.
315 Montgomery Street, San Francisco
CA 94104, USA
Phone: +1-800-706-0806
Email: info@qualityindustrialcorp.com
Investor site: https://qualityindustrialcorp.com
Twitter: @ QualityIndCorp @ILUS_INTL

SOURCE: Quality Industrial Corp.



View source version on accesswire.com:
https://www.accesswire.com/750177/Quality-Industrial-Corp-Engages-Exchange-Listing-LLC-as-Capital-Market-Advisor-for-NYSE-American-Listing

FAQ

What is the recent development for Quality Industrial Corp. (QIND)?

Quality Industrial Corp. has signed an advisory agreement with Exchange Listing, LLC to assist with its upcoming listing on the NYSE American.

When does Quality Industrial Corp. expect to complete its NYSE American listing?

The company aims to complete its NYSE American listing by summer 2023.

Who is assisting Quality Industrial Corp. in its NYSE listing process?

Exchange Listing, LLC is providing advisory services to Quality Industrial Corp. for its NYSE listing.

What are the benefits of Quality Industrial Corp.'s NYSE listing?

The NYSE listing is expected to enhance capital access, governance, liquidity, and increase shareholder value.

QUALITY INDUSTRIAL CORP

OTC:QIND

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QIND Stock Data

9.14M
41.06M
68.24%
Specialty Industrial Machinery
Industrials
Link
United States of America
San Francisco