Business
Digerati Engages Maxim Group LLC to Assist with its Growth Strategy and Goal to Up-List to a National Exchange
Digerati Engages Maxim Group LLC to Assist with its Growth Strategy and Goal to Up-List to a National Exchange.
About this update from Digerati Technologies, Inc.
[{"type":"text","content":"\n SAN ANTONIO, Aug. 11, 2020 (GLOBE NEWSWIRE) -- Digerati Technologies, Inc. (OTCQB: DTGI) (\"Digerati\" or the “Company”), a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the small to medium-sized business (“SMB”) market, today announced that it has engaged Maxim Group LLC as its financial advisor to assist the Company in articulating its growth strategy to the investment community and with its aspiration to up-list to the Nasdaq or NYSE American stock exchange. Digerati is looking to list on a national exchange in a bid to capitalize on its growth through the broad and developed investor base of the major capital markets. The Company believes an up-listing will enhance its visibility in the marketplace, increase the liquidity of its stock, and build long-term shareholder value. The timing and viability of any up-list process will be dependent on a multitude of factors, including but not limited to, the Company’s future revenues and market capitalization as well as overall market conditions.  Digerati looks forward to keeping its shareholders apprised of its progress as it moves into this next phase in the Company’s growth trajectory and corporate development plan. About Maxim Group LLC Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The Firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services to a diverse range of corporate clients, institutional investors and high net worth individuals. Maxim Group is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB), and is a member of the following: Financial Industry Regulatory Authority (FINRA); Securities Insurance Protection Corporation (SIPC); NASDAQ Stock Market and NYSE Arca, Inc. To learn more about Maxim Group, visit www.maximgrp.com. About Digerati Technologies, Inc. Digerati Technologies, Inc. (OTCQB: DTGI) is a provider of cloud services specializing in UCaaS (Unified Communications as a Service) solutions for the business market. Through its subsidiary, T3...