Seattle, Washington–(Newsfile Corp. – November 4, 2020) – ReelTime VR/ReelTime Media (OTC Pink: RLTR) ReelTime VR confirmed that it plans to move to the NASDAQ Capital Market Exchange. The Company has completed all requirements to reserve a new symbol which has been approved by NASDAQ and and expects to announce the new NASDAQ symbol that it will begin trading under once the process has been completed next week.
NASDAQ
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The NASDAQ Capital Market provides companies the required capital in order to grow their business. The NASDAQ Capital Market also provides a listing venue that promises to accommodate the different stages of corporate lives of the companies. All companies that are listed on NASDAQ Capital Market need to satisfy all the required qualifications for NASDAQ securities in Rule 4300. The companies also need to adhere to the corporate governance standards set by NASDAQ.
ReelTime has worked diligently in conjunction with its advisors in order to be in a position to take this step and will continue to do so throughout the application, comments and approval process. ReelTime intends to work closely with NASDAQ to insure strict adherence to all listing requirements.
Barry Henthorn CEO stated: “This is a very significant milestone for ReelTime and our investors. The process is not for the faint of heart. It requires a significant increase in transparency, oversight, and compliance. That being said, we are confident that we will be able to meet all of the listing requirements to begin trading on the NASDAQ Capital Market in a reasonable timeframe.”
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