Better For You Wellness Announces Application to Uplist to OTCQB
Columbus, Ohio--(Newsfile Corp. - December 9, 2021) - Better For You Wellness, Inc. (OTC Pink: BFYW) ("Better For You Wellness" or the "Company"), an Ohio-based company focused on the rapidly-growing $1.5T wellness industry, is pleased to announce that, further to its November 12, 2021 press release, it has submitted its OTCQB® Application to OTC Markets Group Inc. to up-list its common stock to the OTCQB® Venture Market (the "OTCQB"). The OTCQB is recognized by the Securities and Exchange Commission (the "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, resulting in greater liquidity and awareness for companies that meet the OTCQB tier standard.
"We are thrilled to have filed our application for the opportunity to uplist BFYW to the OTCQB. This is a major milestone for the Company to meet NASDAQ or NYSE listing requirements to fulfill our overall strategic growth plan and enhance the Company's position in the public markets," said Ian James, Chief Executive Officer of Better For You Wellness. "Management is confident that uplisting to the OTCQB will potentially increase BFYW's visibility to the investment community, particularly to institutional investors, as the Company continues to grow and establish itself as a leader in the wellness industry. This broader awareness and added liquidity should expand our shareholder base while increasing shareholder value for existing shareholders."
