Charge Enterprises Approved to List on the Nasdaq Global Market; Trading to Begin on April 12, 2022, under Symbol CRGE
NEW YORK, NY / ACCESSWIRE / April 7, 2022 / Charge Enterprises, Inc. (OTC PINK:CRGE), ("Charge"), consisting of a portfolio of global businesses with the vision of connecting people everywhere with communications and electric-vehicle charging ("EV") infrastructure, today announced its common shares have been approved for uplist to The Nasdaq Global Market. Trading is expected to begin with the open of the market on April 12, 2022, under Charge's existing ticker symbol "CRGE". Charge's common stock will continue to trade on the OTC Markets quotation system until trading commences on The Nasdaq Global Market. Stockholders are not required to take any action as a result of the uplisting.
"Uplisting our shares to Nasdaq is a significant achievement, and we are thrilled to reach this pivotal moment as a public company. I want to thank our team for diligently working toward this achievement as we continue our journey," said Andrew Fox, Chairman and CEO of Charge. "Trading on Nasdaq underpins our goal of being the trusted global infrastructure partner for 5G wireless data transmission, network solutions and EV charging ecosystems and should increase our marketplace visibility, enhance trading liquidity, build brand equity and expand our shareholder base by providing greater access to individual and institutional investors. I expect these developments to support Charge's pioneering of a new industry as we continue to identify and acquire the resources necessary to serve customers at the cross-over of today's electric mobility and 5G wireless infrastructure."
GOIP Closes on Merger and Funding -- Appoints New CEO
May 12, 2020 GoIP Global Inc (GOIG) announced today the closing of a merger with TransWorld Enterprises, and the closing of an institutional round of funding by KORR Value, LP and another institutional investor (and their respective affiliates). The Company received approximately $3.25 million fixed convertible debt funding for acquisitions and general working capital purposes. GoIP’s transaction with Apex Extractions announced on January 23, 2020 has been cancelled.
TransWorld Enterprises, Inc. is a newly formed company controlled by KORR Acquisitions Group, Inc. KORR Acquisitions Group, as of the closing, is the controlling shareholder of GoIP. GoIP will change its name to TransWorld Holdings Inc.
TransWorld, as a holding company, will focus on acquiring controlling interests in profitable basic businesses. Initially, TransWorld will focus on acquiring transportation companies and simple manufacturing and or consumer products businesses.
The Company has appointed a new CEO, Philip Scala. Mr. Scala is founder and CEO of Pathfinder Consultants International, Inc. (“Pathfinder”) since 2008. Pathfinder offers unique expertise and delivers the information you need to make informed decisions, whether in times of crisis or in the course of simply running your business. Prior to forming Pathfinder, Mr. Scala served the United States both as a Commissioned Officer in the US Army for five years followed by his 29 years of service with the FBI. Mr. Scala received his bachelor’s degree and Master of Business Administration in accounting from St. John’s University, he also earned a Master of Arts degree in Psychology from New York University.
The Company expects to update its financials and apply for a reverse split, name change and symbol change as soon as possible.
