Worlds Inc. Uplists to OTCQB for Improved Market Visibility, Transparency, Trading Liquidity
Worlds Inc. (OTCQB: WDDD) has uplisted from the OTC Pink Market to the OTCQB® Venture Market, effective immediately. This move is expected to provide improved market visibility, enhanced transparency, and increased trading liquidity for investors. CEO Thom Kidrin stated that this uplisting is a significant step in the company's transformation and sets the stage for pursuing additional strategic opportunities.
Recently, Worlds announced new initiatives in online interactive entertainment, including a partnership with Jordan Freeman Group - ZOOM Platform to license their DRM-Free platform and classic video game portfolio. Additionally, the company is licensing Wanderful Interactive intellectual properties based on popular children's book authors.
The OTCQB requires companies to meet stringent eligibility criteria, including current financial reporting, annual verification, management certification, and comprehensive background checks.
Worlds Inc. (OTCQB: WDDD) ha trasferito la sua quotazione dal OTC Pink Market all'OTCQB® Venture Market, con effetto immediato. Questa mossa è prevista per fornire una maggiore visibilità sul mercato, una maggiore trasparenza e una maggiore liquidità nelle transazioni per gli investitori. Il CEO Thom Kidrin ha dichiarato che questo trasferimento rappresenta un passo significativo nella trasformazione dell'azienda e prepara il terreno per perseguire ulteriori opportunità strategiche.
Recentemente, Worlds ha annunciato nuove iniziative nel campo dell'intrattenimento interattivo online, inclusa una partnership con Jordan Freeman Group - ZOOM Platform per licenziare la loro piattaforma senza DRM e il portafoglio di giochi classici. Inoltre, l'azienda sta licenziando le proprietà intellettuali di Wanderful Interactive basate su popolari autori di libri per bambini.
Il OTCQB richiede alle aziende di soddisfare rigorosi criteri di idoneità, tra cui la segnalazione finanziaria attuale, la verifica annuale, la certificazione della direzione e controlli approfonditi sui precedenti.
Worlds Inc. (OTCQB: WDDD) ha ascendido del OTC Pink Market al OTCQB® Venture Market, con efecto inmediato. Se espera que este movimiento proporcione mejor visibilidad en el mercado, mayor transparencia y mayor liquidez en las transacciones para los inversores. El CEO Thom Kidrin declaró que este ascenso es un paso significativo en la transformación de la empresa y sienta las bases para perseguir oportunidades estratégicas adicionales.
Recientemente, Worlds anunció nuevas iniciativas en entretenimiento interactivo en línea, incluida una asociación con Jordan Freeman Group - ZOOM Platform para licenciar su plataforma sin DRM y su portafolio de videojuegos clásicos. Además, la empresa está licendando propiedades intelectuales de Wanderful Interactive basadas en autores populares de libros infantiles.
El OTCQB requiere que las empresas cumplan con criterios de elegibilidad rigurosos, que incluyen informes financieros actuales, verificación anual, certificación de la dirección y antecedentes exhaustivos.
월드스 Inc. (OTCQB: WDDD)는 OTC 핑크 마켓에서 OTCQB® 벤처 마켓으로 상장 전환되었습니다, 즉시 효력이 발생합니다. 이 조치는 투자자에게 향상된 시장 가시성, 강화된 투명성 및 증가된 거래 유동성을 제공할 것으로 예상됩니다. CEO 톰 키드린은 이 상장이 회사의 변혁에 중요한 단계이며, 추가 전략적 기회를 추구하기 위한 기초를 마련한다고 밝혔습니다.
최근 월드스는 온라인 인터랙티브 엔터테인먼트 분야의 새로운 이니셔티브를 발표했으며, 이는 조던 프리먼 그룹 - ZOOM 플랫폼과 파트너십을 맺어 그들의 DRM 없는 플랫폼과 클래식 비디오 게임 포트폴리오를 라이센스하는 내용을 포함합니다. 또한, 이 회사는 인기 있는 아동 도서 작가를 기반으로 한 완더풀 인터랙티브의 지적 재산권 라이센스를 취득하고 있습니다.
OTCQB는 기업들이 현재 재무 보고, 연간 검증, 경영진 인증 및 철저한 배경 조사를 포함한 엄격한 적격성 기준을 충족해야 합니다.
Worlds Inc. (OTCQB: WDDD) a réalisé un transfert du OTC Pink Market au OTCQB® Venture Market, avec effet immédiat. Ce mouvement devrait offrir une visibilité accrue sur le marché, une transparence améliorée et une liquidité de trading renforcée pour les investisseurs. Le PDG Thom Kidrin a déclaré que ce transfert représente un pas significatif dans la transformation de l'entreprise et prépare le terrain pour la recherche d'opportunités stratégiques supplémentaires.
Récemment, Worlds a annoncé de nouvelles initiatives dans le domaine du divertissement interactif en ligne, y compris un partenariat avec Jordan Freeman Group - ZOOM Platform pour licencier leur plateforme sans DRM et leur portefeuille de jeux vidéo classiques. De plus, l'entreprise license les propriétés intellectuelles de Wanderful Interactive basées sur des auteurs de livres pour enfants populaires.
Le OTCQB exige des entreprises qu'elles respectent des critères d'éligibilité stricts, notamment des rapports financiers actuels, une vérification annuelle, une certification de la direction et des vérifications d'antécédents complètes.
Worlds Inc. (OTCQB: WDDD) hat vom OTC Pink Market zum OTCQB® Venture Market gewechselt, mit sofortiger Wirkung. Dieser Schritt wird voraussichtlich eine verbesserte Markttransparenz, mehr Sichtbarkeit und erhöhte Handelsliquidität für Investoren bieten. CEO Thom Kidrin erklärte, dass dieser Wechsel einen bedeutenden Schritt in der Transformation des Unternehmens darstellt und den Rahmen für die Verfolgung zusätzlicher strategischer Möglichkeiten setzt.
Kürzlich kündigte Worlds neue Initiativen im Bereich interaktiver Online-Unterhaltung an, einschließlich einer Partnerschaft mit der Jordan Freeman Group - ZOOM Platform zur Lizenzierung ihrer DRM-freien Plattform und klassischen Videospielportfolios. Darüber hinaus lizenziert das Unternehmen die geistigen Eigentumsrechte von Wanderful Interactive, die auf beliebten Kinderbuchautoren basieren.
Der OTCQB verlangt von Unternehmen, strenge Zulassungsvoraussetzungen zu erfüllen, darunter aktuelle Finanzberichte, jährliche Prüfungen, eine Zertifizierung des Managements und umfassende Hintergrundüberprüfungen.
- Uplisting from OTC Pink to OTCQB Venture Market
- Potential for improved market visibility and trading liquidity
- New partnership with Jordan Freeman Group - ZOOM Platform
- Licensing of Wanderful Interactive intellectual properties
- None.
Boston, MA, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Worlds Inc. (Worlds) (OTCQB: WDDD), formerly OTCPK: WDDD, has successfully uplisted from the OTC Pink Market to the OTCQB® Venture Market (the "OTCQB"), effective for trading immediately. Worlds will continue to trade under the ticker symbol "WDDD."
“This is our second major step in transforming the company and sets the stage for us to pursue additional strategic opportunities in multiple market segments,” stated Thom Kidrin, Worlds Inc. CEO. “For investors, uplisting to OTCQB offers high-quality trading, improved market visibility and enhanced trading liquidity. In combination with the expanded transparency of uplisting, this helps us diversify our shareholder base and provides the flexibility to pursue the transactions that we have lined up.”
Worlds has been developing numerous opportunities that have the potential to create great value for shareholders and expand the company’s prospects in a receptive market. Just two weeks ago, Worlds announced new initiatives in the online interactive entertainment arena - a partnership with Jordan Freeman Group - ZOOM Platform to license the ZOOM Platform* (ZP) DRM-Free online entertainment platform and portfolio of classic video games and licensing Wanderful Interactive intellectual properties, originally published as Living Books, based on the works of award-winning authors including Marc Brown, Dr. Seuss, Mercer Mayer, Stan & Jan Berenstain, and other popular children’s book authors.
The OTCQB, operated by OTC Markets Group, Inc., is for entrepreneurial and development stage U.S. and international companies. To be eligible for the OTCQB, companies must be current in their financial reporting, undergo an annual verification and management certification process; pass comprehensive background checks on issuers, officers, directors, controlling shareholders and affiliated persons; pass a minimum bid price test, undergo a PCOAB financial audit, as well as and undergo company verification and management certification on an annual basis; and meet additional eligibility requirements.
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About Worlds Inc.
Worlds Inc.’s (OTCQB: WDDD) is entering the online retro gaming and interactive children’s entertainment industries via licensing with Jordan Freeman Group – ZOOM Platform and Wanderful Interactive. This is the next chapter in Worlds’ 40+ year legacy of developing software and related technology for the world’s first metaverses and the creation of interactive three-dimensional (3D) Internet environments encompassing massively multiplayer online role-playing games (MMORPG) a.k.a “video gaming.” For more information, visit www.worlds.com.
Contacts:
Media Relations: Accentuate PR, Julie Shepherd 847 275 3643, julie@accentuatepr.com
Sales/Investors: 617-725-8900, Thom@Worlds.com
Forward-Looking Statements
This release contains certain forward-looking statements and information relating to Worlds Inc. that are based on the beliefs of Worlds' management, as well as assumptions made by and information currently available to the Company. Such statements reflect the current views of the Company with respect to future events including estimates and projections about its business based on certain assumptions of its management, including those described in this Release. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict. Additional risk factors are included in the Company’s public filings with the SEC. Should one or more of these underlying assumptions prove incorrect, actual results may vary materially from those described herein as “hoped,” “anticipated,” “believed,” “estimated,” “should,” “preparing,” “expected” or words of a similar nature. The Company does not intend to update these forward-looking statements.
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