NetBrands Corp Announces it Filed its Application to Uplist to the OTCQB Venture Market

ISLAND PARK, N.Y., April 25, 2024 (GLOBE NEWSWIRE) -- NetBrands Corp., a Delaware corporation (the “Company”; OTC: NBND) is pleased to announce that the company has filed an application to uplist to the OTCQB Venture Market and move to the higher-tier of the exchange as its preparing for future moves. Company believes uplisting to the higher-tier of OTC will provide an opportunity for a more efficient access to U.S Investors, greater transparency, enhanced liquidity and potentially achieving higher valuation. Our recent announcement of Intent to acquire OMM Imports, LLC, Elevare Skincare, LLC and Market Innovations, LLC (“Zero Gravity”) signifies our commitment to deliver shareholder value and give access and larger exposure with reach to a greater investor base on OTCQB Venture Market.

“As the company going through a pivotal point, we believe it will help and attract longer term shareholder base when the company is trading on the higher-tier of the OTC exchange being OTCQB Venture Market and would make the company better prepared to shift further the seniority ladder when the time comes,” said Paul Adler, President & CEO of NetBrands Corp.

About NetBrands Corp

Headquartered in Island Park, NY – NetBrands Corp operates as a diversified holding company through several divisions with one of its divisions being M&A acquiring ecommerce assets as well as private business in various verticals and scales them up.

About OTC Markets Group and OTCQB Venture Market

OTC Markets Group Inc. operates financial markets for 11,000 U.S. and global securities. These securities are organized into three markets based on the quality and timeliness of information a company provides to investors: The OTCQX Best Market, OTCQB Venture Market, and the Pink Open Market. We utilize the power of technology to make markets more efficient, empowering a broad range of companies to improve their investor experience all without the cost, complexity and resource drain common with an exchange listing.

OTCQB Venture Market is for entrepreneurial and development stage U.S. and International companies. To be eligible, companies must be current in their reporting, have a minimum bid price of $0.01, may not be in bankruptcy and must undergo an annual verification and management certification process. These standards provide a strong baseline of transparency to improve the information and trading experience for investors.