Replies to post #42382 on Cyberlux Corp (CYBL)

[mick]

good reading up listing <> sometimes referred to as a second initial public offering (IPO).


The Basics of Uplisting Stocks
A company’s uplisting event is sometimes referred to as a second initial public offering (IPO).
But really, it is when a stock upgrades from an alternative stock exchange to a major one.

For example, a stock may move from the over-the-counter (OTC) markets —
broker-dealer networks that allow people to trade stocks directly — or a small international exchange to the Nasdaq or NYSE.

Uplisting to a higher-tier exchange is typically a positive development for businesses,
as they can attract a larger pool of investors and potentially benefit from increased trading volume.
A total of 17 companies operating in 8 different sectors uplisted in Q2 of 2022 —
and many more businesses are raring to go.