The Alkaline Water Company Completes 2024 PCAOB Audit, Meeting Final OTCQB Uplisting Requirement
The Alkaline Water Company (OTC: WTER) has announced the completion of its 2024 PCAOB audit, fulfilling a key requirement for its planned OTCQB uplisting application. The company plans to submit its comprehensive application package to OTC Markets in early February 2025, including the Form 15c2-11 filing.
CEO Ricky Wright highlighted this audit completion as a significant milestone in the company's strategic roadmap. The company is implementing enhanced corporate governance measures and structural improvements required for the upgraded listing tier, along with recent board appointments, as part of its strategy to regain its position as the nation's leading independent alkaline water company.
OTC Markets will facilitate the Form 15c2-11 process with FINRA on behalf of the company. The company commits to keeping shareholders informed of material developments regarding the OTCQB application process.
La Alkaline Water Company (OTC: WTER) ha annunciato il completamento della sua auditoria PCAOB per il 2024, soddisfacendo un requisito chiave per la sua prevista domanda di uplisting OTCQB. L'azienda prevede di presentare il suo pacchetto di domanda completo a OTC Markets all'inizio di febbraio 2025, incluso il deposito del modulo 15c2-11.
Il CEO Ricky Wright ha sottolineato il completamento di questa audit come una pietra miliare significativa nella roadmap strategica dell'azienda. L'azienda sta implementando misure di governance aziendale avanzate e miglioramenti strutturali necessari per il livello di listing aggiornato, insieme a recenti nomine nel consiglio, come parte della sua strategia per riconquistare la posizione di principale azienda indipendente di acqua alcalina nel paese.
OTC Markets faciliterà il processo del modulo 15c2-11 con FINRA per conto dell'azienda. L'azienda si impegna a mantenere informati gli azionisti riguardo a sviluppi materiali relativi al processo di applicazione OTCQB.
La Alkaline Water Company (OTC: WTER) ha anunciado la finalización de su auditoría PCAOB 2024, cumpliendo un requisito clave para su solicitud de uplisting OTCQB. La compañía planea enviar su paquete completo de solicitudes a OTC Markets a principios de febrero de 2025, incluyendo la presentación del Formulario 15c2-11.
El CEO Ricky Wright destacó la finalización de esta auditoría como un hito significativo en la hoja de ruta estratégica de la empresa. La compañía está implementando medidas de gobernanza corporativa mejoradas y mejoras estructurales requeridas para el nivel de listado mejorado, junto con recientes nombramientos en la junta, como parte de su estrategia para recuperar su posición como la principal compañía independiente de agua alcalina del país.
OTC Markets facilitará el proceso del Formulario 15c2-11 con FINRA en nombre de la empresa. La compañía se compromete a mantener informados a los accionistas sobre desarrollos importantes relacionados con el proceso de solicitud de OTCQB.
알칼라인 워터 컴퍼니 (OTC: WTER)는 2024 PCAOB 감사 완료를 발표하며, OTCQB 상장 신청을 위한 주요 요건을 충족했습니다. 회사는 2025년 2월 초에 OTC 마켓에 포괄적인 신청 패키지를 제출할 계획이며, 15c2-11 양식도 포함됩니다.
CEO 리키 라이트는 이 감사 완료를 회사의 전략적 로드맵에서 중요한 이정표로 강조했습니다. 회사는 상장 등급 상승에 필요한 개선된 기업 거버넌스 조치와 구조적 개선을 시행하고 있으며, 최근 이사회 임명도 전략의 일환으로 진행하고 있습니다. 이는 국가에서 독립적인 알칼리수 회사로서의 입지를 회복하기 위한 노력입니다.
OTC 마켓은 회사의 요청에 따라 FINRA와 함께 15c2-11 양식 프로세스를 원활하게 진행할 것입니다. 회사는 OTCQB 신청 프로세스와 관련된 중요한 개발 사항에 대해 주주들에게 지속적으로 정보를 제공할 것을 약속합니다.
La Alkaline Water Company (OTC: WTER) a annoncé l'achèvement de son audit PCAOB 2024, remplissant une exigence clé pour sa demande d'inscription prévue sur OTCQB. La société prévoit de soumettre son paquet de demande complet aux marchés OTC au début de février 2025, incluant le dépôt du formulaire 15c2-11.
Le PDG Ricky Wright a souligné cet achèvement d'audit comme une étape significative dans la feuille de route stratégique de l'entreprise. La société met en œuvre des mesures de gouvernance d'entreprise améliorées et des améliorations structurelles nécessaires pour le niveau de cotation supérieur, ainsi que des nominations récentes au conseil, dans le cadre de sa stratégie pour retrouver sa position en tant que principale entreprise indépendante d'eau alcaline du pays.
OTC Markets facilitera le processus du formulaire 15c2-11 avec FINRA au nom de l'entreprise. L'entreprise s'engage à tenir les actionnaires informés des développements importants concernant le processus de demande OTCQB.
Die Alkaline Water Company (OTC: WTER) hat den Abschluss ihrer PCAOB-Prüfung für 2024 bekannt gegeben, womit eine wichtige Voraussetzung für ihre geplante OTCQB-Uplisting-Antrag erfüllt ist. Das Unternehmen plant, Anfang Februar 2025 ein umfassendes Antragsformular bei den OTC-Märkten einzureichen, einschließlich der Einreichung des Formulars 15c2-11.
CEO Ricky Wright hob den Abschluss dieser Prüfung als einen bedeutenden Meilenstein in der strategischen Roadmap des Unternehmens hervor. Das Unternehmen führt verbesserte Maßnahmen zur Unternehmensführung und strukturelle Verbesserungen durch, die für die höhere Listungskategorie erforderlich sind, sowie aktuelle Ernennungen im Vorstand als Teil seiner Strategie, die Position als führendes unabhängiges Unternehmen für alkalisches Wasser im Land zurückzugewinnen.
Die OTC Markets werden den Prozess des Formulars 15c2-11 im Namen des Unternehmens mit FINRA erleichtern. Das Unternehmen verpflichtet sich, die Anteilseigner über wichtige Entwicklungen hinsichtlich des OTCQB-Antragsverfahrens informiert zu halten.
- Completed PCAOB audit for 2024, meeting key uplisting requirement
- Ready to submit OTCQB uplisting application in February 2025
- Implementing enhanced corporate governance measures
- Currently trading on lower-tier OTC market
- Requires regulatory approval for uplisting success
SCOTTSDALE, Ariz., Feb. 04, 2025 (GLOBE NEWSWIRE) -- The Alkaline Water Company, Inc. (OTC: WTER -- hereinafter referred to as the "Company"), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, today announced the completion of its audited financial statements and related notes for the period ended December 31, 2024, by a PCAOB approved auditing firm.
With the completion of this crucial audit milestone, the Company has fulfilled a key requirement for its planned OTCQB uplisting application. The Company intends to submit its comprehensive application package to OTC Markets, Inc. ("OTC Markets") in early February 2025, which will include the Form 15c2-11 filing as part of the process.
"The completion of our 2024 PCAOB audit represents a significant achievement in our strategic roadmap," said Ricky Wright, CEO of The Alkaline Water Company. "This milestone enables us to move forward with our comprehensive OTCQB uplisting application. As part of the process, the OTC Markets will help facilitate the Form 15c2-11 process with FINRA on behalf of the company. The timing aligns perfectly with our broader corporate initiatives as we continue rebuilding The Alkaline Water Company's market presence."
"As we prepare our complete OTCQB application package, we are simultaneously implementing enhanced corporate governance measures and structural improvements required for the upgraded listing tier," continued Wright. "These steps, combined with our recent board appointments, demonstrate our commitment as we advance our strategy to once again become the nation's leading independent alkaline water company."
The Company will keep shareholders informed of material developments regarding the OTCQB application process as they occur.
**About The Alkaline Water Company, Inc.**
The Alkaline Water Company, Inc., are the developers of Alkaline88 - a purified alkaline water, enhanced with Himalayan rock salt and engineered for a smooth and delicious taste.
**Disclaimer Regarding Forward Looking Statements**
Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements.
Specifically, regarding our planned uplisting to OTCQB, there can be no assurance that the Company will be approved for uplisting by OTC Markets or that our Form 15c2-11 filing as part of this process will be accepted. The approval process involves meeting various qualifying criteria, including but not limited to, corporate governance standards, financial requirements, and ongoing disclosure obligations. The Company's ability to meet and maintain these requirements cannot be guaranteed. Additionally, even if approved, such uplisting may not result in increased liquidity or market visibility. We caution investors not to rely unduly on any forward-looking statements.
**Contact Information**
5524 North 51st Avenue
Glendale, Arizona 85301
Telephone: 480-582-3600
Website: www.thealkalinewaterco.com
Email: info@thealkalinewaterco.com
FAQ
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