Uplisting Could Improve Visibility to the Investment Community
SAN ANTONIO, Oct. 21, 2020 (GLOBE NEWSWIRE) -- CloudCommerce, Inc. (CLWD), a leading provider of digital advertising solutions, today announced that it plans to up-list its common stock to the OTCQB® Venture Marketplace. The OTCQB is recognized by the Securities and Exchange Commission (SEC) as an established public market and provides current public information to investors that need to analyze, value, and trade securities.
The OTCQB increases transparency, reporting standards, management certification and compliance requirements, which can result in greater liquidity and awareness for companies that meet the OTCQB tier standard.
“Uplisting to the OTCQB is an important next step in our overall strategic plan to grow the Company and upgrade its position in the public markets,” said Andrew Van Noy, CloudCommerce, Inc. CEO. “We believe that trading on the OTCQB could potentially increase CLWD’s visibility to the investment community, particularly to institutional investors, as the Company continues to grow and establish itself as a leader in the industry. This broader acceptance and added liquidity should result in the expansion of our shareholder base while adding to shareholder value.”
About Cloud Commerce, Inc.
CloudCommerce, Inc. (CLWD) is a leading provider of digital advertising solutions. Our flagship solution, SWARM, analyzes a robust mix of audience data to help businesses find who to talk to, what to say to them, and how to market to them. We do this by applying advanced data science, behavioral science, artificial intelligence, and market research techniques to discover, develop and create custom audiences for highly targeted digital marketing campaigns. CloudCommerce was Ranked Number 235th Fastest Growing Company in North America on Deloitte’s 2019 Technology Fast 500™. To learn more about CloudCommerce, please visit our website at www.CloudCommerce.com
Press Contact:
CloudCommerce, Inc.
Tel: (800) 673-0927
communications@cloudcommerce.com
Source: CloudCommerce, Inc.
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