Slinger Bag announced its successful uplisting from the OTC Pink to the OTCQB Venture Market. The uplisting is effective as of the open of trading on December 24, 2020.
The OTCQB Venture Market is for early-stage and developing U.S. and international companies. Eligible companies must be current in their reporting and undergo an annual verification and management certification process. Companies are additionally required to meet a minimum bid price and may not be in bankruptcy.
“Uplisting to the OTCQB is an important milestone in the growth of Slinger as a company,” said Slinger CEO Mike Ballardie. “Our decision to move up to the OTCQB Venture Market reflects the building interest in our story, and was the logical next step in our strategy as we work to maximize shareholder value. Trading on the OTCQB will enhance our visibility in the investment community, increase trading liquidity, open the Company to institutional investors, and broaden our shareholder base. We look forward to leveraging this momentum as we remain focused on building Slinger to be a leading global sports brand.”
Illustration courtesy OTC Market
