RYU Apparel Inc. announced it has been relisted on the OTCQB Venture Market.
The OTCQB is recognized by the SEC as an established public market, and all OTCQB listed companies must be current with respect to SEC filing requirements.
Cesare Fazari, chairman and CEO, commented, “We are excited to relist on the OTCQB as we told our shareholders we would do. We believe that this uplist will benefit our existing shareholders and should result in increased liquidity and help expand our shareholder base both in the U.S. and internationally.”
To be eligible to trade on the OTCQB, companies must undergo annual verifications, pass a minimum bid price test, and be up to date in their financial reporting. The company’s shares began trading on OTCQB on February 5, 2021 under the ticker RYPPF.
Photo courtesy RYU Apparel
