Geometry Dash APK Hill Climb Racing APK
62.7 F
New York
Tuesday, May 30, 2023

Alpine 4 Technologies Ltd (OTCMKTS:ALPP) Extends Rally On NASDAQ’s Uplisting Optimism

Must read

HUMBL Inc (OTCMKTS:TSNPD) On the Rebound as Investors Track Developments

If there is one stock that has captured the imagination of many investors over the past months, then it's that of HUMBL...

Healthier Choices Management (OTCMKTS:HCMC) Falls Following WallStreetBets Hype

Investing in stocks that are gaining momentum is often regarded as a sound investment and more often than not it works out...

Enzolytics Inc (OTCMKTS:ENZC) In Focus: Regains It’s Momentum

One of the most notable gainers over the course of the past months has been the Enzolytics Inc stock. While it is...

Medmen Enterprises Inc (OTCMKTS:MMNFF) Pulls Back From Highs as Buzz Cools Off

Among the sectors which have bounced back in 2021, the cannabis sector is one of considerable interest since it had been in...

It is often seen that any plans of uplisting a stock to a larger stock exchange lead to a significant boost to the stock price and that is what happened to the Alpine 4 Technologies Ltd (OTCMKTS:ALPP) stock on Monday.

On Monday, the Alpine stock soared by as much as 42% as investors piled on to it after it emerged that the stock could be uplisted to NASDAQ. The stock was up another 3% this morning.

Key Details

The owner of small market businesses announced that its board of directors approved a move to uplist the stock to NASDAQ. It has been an eventful period for the company in recent times. Alpine also announced that had made an acquisition that is going to give it the opportunity to enter the unmanned aerial vehicle space.

It is quite clear that investors have welcomed the news and it remains to be seen if Alpine 4 Technologies Ltd (OTCMKTS:ALPP) can add to its gains this week. However, that was not the only important development around Alpine 4 that could have generated excitement among investors.

The company, which is based out of Phoenix, Arizona, announced on Monday that its commercial drone business has been further strengthened with the acquisition of Vayu US Inc.

Vayu is involved in the development of autonomous VTOL (vertical take-off and landing) based high-performance aircraft. It is also important to note that Vayu’s clients are spread all over the world and belong to both the private as well as private sectors.

The Chief Executive Officer of Alpine 4 Kent B. Wilson spoke about the move to uplist to NASDAQ. He said that it has become increasingly apparent that it is a good ‘moment’ for the company. Moreover, a potential uplisting is also going to mark a new path for the publicly traded company.

At the end of the day, a listing on NASDAQ is going to give Alpine 4 the much-needed exposure to a much bigger pool of investors and capital.

Disclaimer: We hold no shares in ALPP stock.

Latest article

Alibaba Group Holding Limited (OTCMKTS:BABAF) Big Volume with Possible 60% Upside

Alibaba Group Holding Limited (OTCMKTS:  BABAF) is an over the counter stock traded on the OTC Pink markets in the Consumer Discretionary...

Trans Global Group Inc (OTCMKTS:TGGI) Stock In Focus After Operational Updates

The Trans Global Group Inc (OTCMKTS:TGGI) stock may not have been in the news today yet but it...

Why Hycroft Mining (NASDAQ:HYMC) Stock Shot Up 700%

If you are on the hunt for stocks that may have made major gains over the course of the past week, then...

Secure Paymentz releases banking software demo on Github

This is a paid announcement from one of our advertising partners. How to Leverage Your Trading Position by Secure...

Advanced Asset Management Announces New Website Launch

This is a paid announcement from one of our advertising partners. Financial Planner in Grandville, Michigan
Şehirler arası nakliyat ve Şehirler arası taşımacılık konusunda en uygun fiyatlar ve en kaliteli hizmet.
ofis taşıma firmaları ve ofis taşıma konusunda en uygun fiyatlar ve en kaliteli hizmet. Affordable best sms verification service