Tribal Rides International Corp. Announces Approval of Form 211

Rhea-AI Summary

Tribal Rides International Corp. (OTC Pink:XNDA) announced on October 21, 2022, that it received clearance for its Form 211 application from the Financial Industry Regulatory Authority (FINRA). Sponsored by Glendale Securities, Inc., this approval allows the company to initiate the quotation process. Tribal Rides is focused on digital transformation in transportation, offering a patented ecosystem and ride-sharing app supporting both individual and business requirements, especially in the advancing market of autonomous vehicles.

Positive

• FINRA approval of Form 211 application enables quotation process for XNDA.
• Tribal Rides specializes in innovative software solutions for transportation.
• The company offers a patented transportation ecosystem and marketplace, enhancing its market position.

Negative

• None.

MISSION VIEJO, CA / ACCESSWIRE / October 21, 2022 / Tribal Rides International Corp. (OTC Pink:XNDA) ("Tribal Rides" or the "Company"), a transportation technology company, announced today that it has received notification from the Company's market maker that the Financial Industry Regulatory Authority ("FINRA") released its letter clearing the Company's Form 211 application.

Glendale Securities, Inc. ("Glendale") sponsored the Company's FINRA Form 211 application. FINRA has granted to Glendale the approval to begin the quotation process.

Tribal Rides is a technology company specializing in disruptive and innovative software solutions focused on the digital transformation of transportation. Its patented transportation ecosystem, marketplace and ride sharing app is designed development to support both individual and business needs in the current transportation ecosystem, and for the emerging world of autonomous self-driving vehicles.

About Tribal Rides International Corp. (XNDA):

Tribal Rides International Corp. was founded in 2016 as a transportation technology company specializing in disruptive software solutions focused on the digital transformation of transportation. Its patented transportation ecosystem and marketplace features end-to-end tracking and management of trips; seamless and connected multi-modal journeys; visualization and complex mapping, and leading transaction and scheduling technology.

Forward-Looking Statements

All statements in this press release that are not historical are forward-looking statements, including, among other things, statements relating to the Company's expectations regarding its market position and market opportunity, expectations and plans as to its product development, manufacturing and sales, and relations with its partners and investors. These statements are not historical facts but rather are based on the Company's current expectations, estimates, and projections regarding its business, operations and other similar or related factors. Words such as "may," "will," "could," "would," "should," "anticipate," "predict," "potential," "continue," "expect," "intend," "plan," "project," "believe," "estimate," and other similar or related expressions are used to identify these forward-looking statements, although not all forward-looking statements contain these words. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties, and assumptions that are difficult or impossible to predict and, in some cases, beyond the Company's control. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to revise or update information in this release to reflect events or circumstances in the future, even if new information becomes available.

Company Contact:

Joseph Grimes, CEO
joeg@tribalrides.com

SOURCE: Tribal Rides International Corp.

View source version on accesswire.com:
https://www.accesswire.com/721572/Tribal-Rides-International-Corp-Announces-Approval-of-Form-211

FAQ

What does the FINRA approval mean for Tribal Rides International Corp. (XNDA)?

The FINRA approval allows Tribal Rides to begin the quotation process for its stock, which could enhance liquidity and visibility in the market.

When was the Form 211 application approved for XNDA?

The Form 211 application was approved on October 21, 2022.

What technology does Tribal Rides International Corp. focus on?

Tribal Rides focuses on digital transformation in transportation, specializing in disruptive software solutions and a patented transportation ecosystem.

How does Tribal Rides aim to support autonomous vehicles?

Tribal Rides' ride-sharing app and transportation ecosystem are designed to support emerging autonomous self-driving vehicles.