Business
Fifty 1 Labs, Inc. Completes Name and Symbol Change, Advances Toward Regaining 15c211 Compliance
Fifty 1 Labs, Inc. Completes Name and Symbol Change, Advances Toward Regaining 15c211 Compliance.
About this update from Fifty 1 Labs Inc.
[{"type":"text","content":"\n MELBOURNE, Fla., March 14, 2025 (GLOBE NEWSWIRE) -- via IBN -- Fifty 1 Labs, Inc. (OTCPK: FITY), formerly Consumer Automotive Finance, Inc. (OTCPK: CAFI), a dynamic leader in the sports supplement, fitness equipment, and health and wellness sectors, is pleased to announce the successful completion of its name and ticker symbol change with the Financial Industry Regulatory Authority (FINRA). The company is now officially trading under the ticker symbol FITY on the OTC market tier. This marks a significant milestone as Fifty 1 Labs continues executing its strategic growth initiatives. In addition to the name and symbol change, the company has responded to a second round of comments in its ongoing efforts to regain compliance with SEC Rule 15c2-11. Restoring this status is a critical step that will enhance market transparency and ensure greater accessibility for investors. With these recent developments, Fifty 1 Labs has rescheduled its previously announced teleconference to Monday, March 17th, 2025. During the call, company leadership will outline its strategic direction, provide key updates, and address shareholder questions. Details regarding the time and access instructions for the teleconference will be provided in a forthcoming announcement. \"We are excited about the progress we've made in solidifying our brand identity and strengthening our market position,\" said Brandon Spikes, CEO of Fifty 1 Labs. \"Finalizing our name and symbol change represents an important step forward as we continue executing on our long-term vision. Additionally, regaining our 15c2-11 compliance remains a top priority, as it is essential for providing greater transparency and liquidity for our shareholders.\" Fifty 1 Labs remains committed to delivering innovative solutions across the sports supplement, fitness equipment, and health and wellness markets. The company will continue updating shareholders as it advances its growth strategy and achieves new milestones. About Fifty 1 Labs, Inc. Fifty 1 Labs, Inc. (OTCPK: FITY) is a leading innovator in the sports supplement, fitness equipment, and health and wellness industries. The company is focused on delivering high-quality products designed to enhance performance, well-being, and overall lifestyle. With a strategic vision for growth.  The company operates four key subsidiaries: 51, LLC, whic...