Better For You Wellness Inc (BFYW)

[Golden Cross]

Filings: Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
Link: https://www.otcmarkets.com/filing/html?id=17086322&guid=p7J-kFOezEj4B3h

On November 24, 2023, Better For You Wellness, Inc. (“BFYW” or the “Company”) received a notice from OTC Markets (“OTC”) that the Company is not in compliance with OTCQB’s Listing Rule Section 1.13, as the minimum bid price of BFYW’s common stock has been below $0.01 per share for 30 consecutive business days, and accordingly, the Company would be moved from the OTCQB market to Pink before the next market open. OTC Markets further notified the Company that if would like to be moved back to OTCQB, it must maintain bid price closes at or above $.01 for 30 days, and meet all of the eligibility requirements listed under Section 1.1 of the OTCQB Standards.

Portions of this report may constitute "forward-looking statements" as defined by federal law. Although the Company believes any such statements are based on reasonable assumptions, there is no assurance that actual outcomes will not be materially different. Any such statements are made in reliance on the "safe harbor" protections provided under the Private Securities Litigation Reform Act of 1995. Additional information about issues that could lead to material changes in the Company's performance is contained in the Company's filings with the Securities and Exchange Commission.