There is no uplist on the OTCM. They move to a higher tier. They also must meet more stringent requirements which as of now they don't. SMH
"Uplisting" is the global practice of elevating a company (foreign or domestic) from having its stock quoted on an alternative trading platform like the OTC Markets, TSX or the ASX, to the NASDAQ or NYSE.
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. https://foundershield.com/blog/how-uplisting-stocks-works/ Uplisting - Lucosky Brookman LLP
Eligibility Requirements
Audited Annual Financials (PCAOB Audit required for U.S. Companies)
Bid price of at least $0.01 for proprietary priced quotations published by a Market Maker in OTC Link**
Not be in bankruptcy
At least 50 Beneficial Shareholders, each owning at least 100 shares
Freely traded Public Float of at least 10% of the total issued and outstanding of that security
Companies with a freely traded Public Float of at least 5% (and $2 million in market value of public float), or a separate class of securities traded on a national exchange may apply for an exemption
Transfer agent that participates in the Transfer Agent Verified Share Program (US and Canadian companies only)
International companies must be listed on a Qualified Foreign Exchange and submit a Letter of Introduction from an approved OTCQB Sponsor, or be SEC reporting