Cloud Nine Web3 Technologies Uplisting From OTC Pink Open Market to OTCQB Venture Market

Cloud Nine Web3 Technologies Inc. announced its uplisting from the OTC Pink Open market to the OTCQB Venture Market.

The company’s common shares will begin trading on the OTCQB under the existing symbol ‘CLGU’ as of the opening of market on March 15, 2022. The listing on the OTCQB complements the firm’s receipt of full Depository Trust Company (DTC) eligibility to facilitate electronic clearing and settlement of its common shares through DTC in USA.

The OTCQB, operated by the OTC Markets Group Inc., is a marketplace for entrepreneurial and development stage US and international companies. To be eligible, companies must be current in their financial reporting and undergo an annual verification and management certification process. With more compliance and quality standards, the OTCQB provides a baseline of transparency to improve the information and trading experience for investors. The OTCQB is recognized by the US Securities and Exchange Commission as a public market providing public information for analysis and value of securities. US investors can find current financial disclosure and Real-Time Level 2 quotes for Cloud Nine.

The company’s common shares will continue to trade on the Canadian Securities Exchange under the symbol ‘CNI’ and the Frankfurt Stock Exchange under the symbol ‘1JI0’.

Lucas Russell, CEO, commented: “The uplisting on the OTCQB is an important milestone for Cloud Nine. I believe that the uplisting will enhance Cloud Nine’s reach within the US investment community and increase its presence in both the American retail and institutional investor segments and improve liquidity for the company’s growing shareholder base.“