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Revitalist Receives Final Approval From OTC Markets to List on the OTCQB
Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Revitalist Lifestyle and Wellness Ltd. has officially been notified by OTC Markets of its up-listing from Pink Sheet to the OTCQB tier, effective December 20, 2021. This transition aims to enhance trading quality and transparency for its investors. The OTCQB tier signifies a higher level of compliance, requiring companies to be current in financial reporting and pass various eligibility tests. CEO Kathryn Walker expressed confidence that this strategic move will deliver increased value to shareholders, reinforcing the company's commitment to transparency.
Positive
Achieved up-listing from Pink Sheet to OTCQB tier, enhancing trading quality.
Demonstrated commitment to transparency by passing stringent qualification requirements.
Negative
None.
VANCOUVER, British Columbia--(BUSINESS WIRE)--
REVITALIST LIFESTYLE AND WELLNESS LTD. (“Revitalist” or the “Company”) (CSE:CALM) (OTC:RVLWF) (FSE:4DO) is pleased to announce the Company has received official notification from OTC Markets to up-list from Pink Sheet to the OTCQB tier effective as of December 20, 2021. The OTCQB is a US trading platform that is operated by the OTC Markets Group in New York. The Company will trade on the OTCQB exchange under symbol "RVLWF"; the Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol "CALM" and the Frankfurt Stock Exchange under the symbol “4DO”.
The 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 US 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, as well as the technology and regulation to improve the information and trading experience for investors.
Kathryn Walker, CEO, commented, "We are extremely pleased to report that we have met all qualifications and have been accepted by OTC Markets to up-list from Pink Sheet to the OTCQB tier for trading. Because transparency to shareholders is important to us, we decided it would be in the best interest of our company to meet the stringent qualification process in order to up-list to the OTCQB. We are confident that trading on the OTCQB tier will bring added value to Revitalist shareholders.”
ABOUT REVITALIST LIFESTYLE AND WELLNESS LTD.
Revitalist Lifestyle and Wellness Ltd. (CSE:CALM) (OTC:RVLWF) (FSE:4DO) is a publicly traded company, headquartered in Knoxville, Tennessee, with seven clinics operating across the United States and expanding. Revitalist is dedicated to empowering individuals toward an improved quality of well-being through a combination of comprehensive care and future-centric treatments provided by medical professionals, mental health experts, and chronic pain specialists. Since opening their first clinic in 2018, Revitalist has provided thousands of infusions for patients suffering from treatment-resistant conditions. Additionally, Revitalist offers a number of lifestyle optimization services and vitamin infusions that can bring anyone closer to total wellness. For additional information and to be added to the Company’s mailing list, please click here.
On Behalf of the Board
Kathryn Walker Chief Executive Officer
Forward-Looking Statements
This news release contains forward-looking statements and information within the meaning of applicable securities legislation. Often, but not always, forward-looking statements and information can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "estimates", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward looking statements or information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Revitalist to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements or information contained in this news release.
Risks, uncertainties, and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
