Vocodia Receives Delisting Notice from CBOE and Plans OTCQB Listing in the Near-Term
Vocodia Holdings Corp., an AI software company, has received a delisting notification from Cboe BZX Exchange. The company's Common Stock (VHAI) and Warrants will be suspended after September 10, 2024. Vocodia does not plan to appeal and will pursue a listing on the OTCQB, which aligns with their strategic goals. CEO Brian Podolak views this as an opportunity to focus on sustainable growth and delivering value to shareholders and clients. The company expects to start trading on the OTC Markets Group platform on September 11, 2024, under the symbol 'VHAI'. Despite the delisting, Vocodia will continue to be SEC-registered and maintain its reporting obligations.
Vocodia Holdings Corp., un'azienda di software AI, ha ricevuto una notifica di delistazione dalla Cboe BZX Exchange. Le azioni ordinarie dell'azienda (VHAI) e i warrant verranno sospesi dopo il 10 settembre 2024. Vocodia non ha intenzione di presentare ricorso e intende perseguire un listing sull'OTCQB, che è in linea con i loro obiettivi strategici. Il CEO Brian Podolak vede questa come un'opportunità per concentrarsi su una crescita sostenibile e offrire valore agli azionisti e ai clienti. L'azienda prevede di iniziare a operare sulla piattaforma OTC Markets Group il 11 settembre 2024, con il simbolo 'VHAI'. Nonostante la delistazione, Vocodia continuerà a essere registrata presso la SEC e a mantenere i suoi obblighi di rendicontazione.
Vocodia Holdings Corp., una empresa de software de IA, ha recibido una notificación de exclusión de Cboe BZX Exchange. Las acciones ordinarias de la empresa (VHAI) y los warrants serán suspendidos después del 10 de septiembre de 2024. Vocodia no planea apelar y buscará una cotización en el OTCQB, lo cual se alinea con sus objetivos estratégicos. El CEO Brian Podolak ve esto como una oportunidad para centrarse en un crecimiento sostenible y ofrecer valor a los accionistas y clientes. La empresa espera comenzar a cotizar en la plataforma OTC Markets Group el 11 de septiembre de 2024, bajo el símbolo 'VHAI'. A pesar de la exclusión, Vocodia continuará registrada en la SEC y mantendrá sus obligaciones de reporte.
Vocodia Holdings Corp., 인공지능 소프트웨어 회사는 Cboe BZX Exchange로부터 상장 폐지 통지를 받았습니다. 이 회사의 보통주(VHAI)와 워런트는 2024년 9월 10일 이후로 거래가 중단됩니다. Vocodia는 항소할 계획이 없으며, 전략적 목표에 부합하는 OTCQB 상장을 추진할 것입니다. CEO 브라이언 포돌락은 이것을 지속 가능한 성장에 집중하고 주주와 고객에게 가치를 제공할 기회로 보고 있습니다. 이 회사는 2024년 9월 11일부터 'VHAI' 기호 아래 OTC Markets Group 플랫폼에서 거래를 시작할 것으로 예상하고 있습니다. 상장 폐지에도 불구하고, Vocodia는 SEC에 등록되어 있으며 보고 의무를 유지할 것입니다.
Vocodia Holdings Corp., une entreprise de logiciels d'IA, a reçu une notification de radiation de la Cboe BZX Exchange. Les actions ordinaires de l'entreprise (VHAI) et les bons de souscription seront suspendus après le 10 septembre 2024. Vocodia n'envisage pas de faire appel et va rechercher une cotation sur l'OTCQB, ce qui s'aligne avec leurs objectifs stratégiques. Le PDG Brian Podolak considère cela comme une opportunité de se concentrer sur une croissance durable et de créer de la valeur pour les actionnaires et les clients. L'entreprise s'attend à commencer à négocier sur la plateforme OTC Markets Group le 11 septembre 2024, sous le symbole 'VHAI'. Malgré la radiation, Vocodia continuera d'être enregistrée auprès de la SEC et de respecter ses obligations de rapport.
Vocodia Holdings Corp., ein KI-Softwareunternehmen, hat eine Abmeldung von der Cboe BZX Exchange erhalten. Die Stammaktien des Unternehmens (VHAI) und die Warrants werden nach dem 10. September 2024 ausgesetzt. Vocodia plant nicht, Einspruch zu erheben, und wird eine Notierung an der OTCQB anstreben, was mit ihren strategischen Zielen übereinstimmt. CEO Brian Podolak sieht dies als Gelegenheit, sich auf nachhaltiges Wachstum und die Schaffung von Werten für Aktionäre und Kunden zu konzentrieren. Das Unternehmen erwartet, am 11. September 2024 mit dem Handel auf der Plattform der OTC Markets Group unter dem Symbol 'VHAI' zu beginnen. Trotz der Abmeldung wird Vocodia weiterhin bei der SEC registriert sein und seine Berichtspflichten erfüllen.
- Pursuing listing on OTCQB market, which aligns with company's strategic goals
- Continued focus on delivering AI solutions and building strategic alliances
- Maintaining SEC registration and reporting obligations
- Delisting from Cboe BZX Exchange
- Suspension of trading for Common Stock (VHAI) and Warrants after September 10, 2024
- Potential decrease in stock liquidity and investor accessibility due to move to OTC markets
BOCA RATON, Fla., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Vocodia Holdings Corp. (the “Company”), a pioneering AI software company specializing in practical AI solutions, today announced that it has received a delisting notification from Cboe BZX Exchange, Inc., indicating that the Company’s Common Stock (VHAI), Series A Warrants (VHAI+A) and Series B Warrants (VHAI+B) be suspended and delisted in accordance with the procedures set forth in Exchange Rule 14.12(h)(4)(B) and Rule 14.12(f), and trading of such securities will be suspended after the close of trading on Tuesday, September 10, 2024. The Company currently has no plans to appeal the CBOE’s determination and will pursue a listing on the OTCQB, which is more in-line with the Company’s strategic goals.
"While the delisting decision is not the outcome we had worked for, it does not deter us from our long-term strategy. In fact, the decision presents us with the opportunity to redirect our focus on what is important: strengthening our commitment to sustainable growth and delivering exceptional value to our shareholders and clients alike,” Brian Podolak, Co-Founder and CEO of Vocodia, commented.
Brian continued, “We are very optimistic and excited to be able to direct our full focus on delivering state-of-the-art solutions to our clients, building strategic alliances and growing our business. There remains significant untapped opportunities for our enhanced DISA technology platform and the future looks bright.”
The Company expects its common stock to commence trading on the OTC Markets Group platform at the open of trading on September 11, 2024, under the symbol "VHAI." The Company is currently applying to trade its common stock on the OTCQB Market and expects to commence trading of its common stock on the OTCQB soon.
Notwithstanding the delisting from the CBOE, the Company will continue to be registered with the Securities and Exchange Commission and will continue to satisfy its reporting obligations under the Securities Exchange Act of 1934, including the presentation of annual and quarterly reports under Forms 10K and 10Q respectively.
About Vocodia Holdings Corp.
Vocodia is an AI software company that develops practical AI solutions, making them easily accessible for businesses through cloud-based platforms. These solutions are cost-effective and scalable to enterprise levels. Vocodia specializes in conversational AI, providing scalable enterprise-level AI sales and customer service solutions. Their Digital Intelligent Sales Agents (DISAs) are designed to sound and feel human, performing tasks that require human-like conversation, thereby reducing labor costs and enhancing communication effectiveness. For more information, please visit: http://www.vocodia.com.
Forward-Looking Statements This release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "anticipate," "intend," "plan," "believe," "project," "estimate," "expect," strategy," "future," "likely," "may,", "should," "will" and similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the risks and uncertainties more fully in the section captioned "Risk Factors" in the Company's Registration Statement on Form S-1 related to the public offering (SEC File No. File No. 333-269489) and other reports we file with the SEC. As a result of these matters, changes in facts, assumptions not being realized or other circumstances, our actual results may differ materially from the expected results discussed in the forward-looking statements contained in this press release. Forward-looking statements contained in this announcement are made as of this date and undertake no duty to update such information except as required under applicable law.
Investor Relations Contact:
Jeff Ramson
PCG Advisory
646-863-6893
jramson@pcgadvisory.com
FAQ
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